newsletter archive.
(Previously published under the title Extreme Profits
under ISSN 1925-8941)
Developing competitive advantage, strengthening core competencies
What are your firm's core competencies? What does your company do better than any other company?
Many organizations will readily answer this question with statements such as: "We make the best cars." "We provide the best financial advice." "We're the number one supplier of luxury homes." "We have the largest selection of furniture in the city." But many of these same companies may fail to capitalize on their core competencies. Let me explain.