Core competencies- characteristics that every member of an organization, regardless of position, function, or level of responsibility with the organization, is expected to possess.
Core competence is an internal activity critical to organizational success, which creates a competitive advantage and influences future growth.
How is core defined? There are four meanings.
- Activities traditionally performed internally
- Activities critical to business success. Core work contributes directly to the bottom line; non-core work doesn’t
- Activities that will influence future growth or rejuvenation.