core competence

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Core competence

Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty.

Core Competence

The primary field in which a business operates or is believed to be a leader. Core competence is the expertise in which a company is thought to excel and provide the greatest benefit to customers. This is important both in marketing and in the creation of business models. For example, a company will likely be able to charge higher fees for goods or services in its core competence.

core competence

a key resource, process or system possessed by a firm that allows it to gain a COMPETITIVE ADVANTAGE over rivals.
References in periodicals archive ?
These new core competencies will inform curricula that ensure the entire health care team knows how to communicate with one another and how to collaborate to serve patients more effectively.
C-Change implemented a Cancer Core Competency Pilot Project at four sites across the United States to assess the aggregated utility of the C-Change Cancer Core Competencies in improving the knowledge and performance of noncancer specialist healthcare professionals through educational interventions.
Committee on Core Competencies for Federal Facilities Asset Management, 2005-2020.
AS STANDARDS OF PRACTICE FOR ACADEMIC NURSE EDUCATORS, the Core Competencies of Nurse Educators[C] with Task Statements, published by the National League for Nursing in 2005, inspire excellence and provide a comprehensive framework for the lifelong learning of faculty (1).
The relationship between the core functions of public health, the 10 essential public health services, and the core competencies for environmental health practitioners is not easy to define.
Listed in Table 1 are the core competencies applicable to the four levels of leadership.
Our three core competencies work together to develop and maintain our military edge.
Results were tabulated to determine the mean scores on all items and in aggregates around the 9 core competencies (subscales).
The mix will depend on what the insurer deems to be core competencies or points of competitive advantage vs.
Editorial Abstract: Colonel Krisinger analyzes the process that produced the Air Force's original core competencies and offers insights into how recent changes to them will affect the air and space power culture.
Without this "snapshot," the board of trustees has no established precedent upon which to evaluate the core competencies needed in a new Leader.

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