The Core Competence of the Corporation
A seminal paper that defines the concept of core competencies and underlines their importance to the strategy.
Author(s): C.K. Prahalad, Gary Hamel
Publisher: Harvard Business Review
Date of publication: 1990
Read this article on the publisher's website [Harvard Business Review]
Synopsis
This article is one of the sources used in Manageris’ synopses:
Base your strategy on your distinctive capabilities
The race for competitive advantage often leads to endless escalation. How can you break this cycle? One solution is to refocus your strategy on the specific capabilities that strongly differentiate your company.
255b – Synopsis (8p.)
Strategy Development