The most powerful way to prevail in stiff competition is still invisible to many companies. Long time ago, top executives were judged on their ability to restructure, declutter and deliver results to ...

Few management theories have had a more intuitive appeal than that of "core competence". That theory essentially says successful businesses have a unique set of skills or production techniques that ...

The recession has inspired some companies to shed businesses and activities that are outside of their core competence. For example, Yahoo has refocused on selling display ads and being a portal for ...

The concept has been discussed for years by business professors and investing professionals alike and, while the idea of core competence has taken on a life of its own, Munger has often returned to ...

A core competency is a skill at which an individual is especially proficient, or a set of activities that an organization performs better than other functions – whether more efficiently, at lower cost ...

Does this sound like your mode of operation? Step 1 - Invest blood, sweat, tears and money to innovate a product or service Step 2 - Sell it through the largest distributor possible Step 3 - Maximize ...

The idea of core competence was introduced into management literature in 1990 by C.K. Prahalad and Gary Hamel. The two business academics wrote: Core competencies are the collective learning in the ...

If you are a new business owner, it's probably only a matter of time until someone asks you: "Do you intend to be a reflection of your business, or do you intend the business to be a reflection of you ...

While working on this season of “The Uncertain Hour,” we heard a lot of words and phrases that sounded weird to our ears. So each week we’re going to explain a bit of jargon. To get a new “Uncertain ...