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Core Comepetencies

Last updated Jun 20, 2023 Edit

A core competence is something unique that a business has, or can do, strategically well.

The concept was developed by Prahalad & Hamel

“The key to competing in the future is building, deploying, protecting and defending core competencies…”

When linked to SWOT Analysis, core competencies are a strength

# The Three Key Conditions

If a quality meets all three conditions, then it is a core competency.

# Prahalad & Hamel’s suggest