core competency
Essential organizational capability
Core competency is a fundamental capability that gives an organization its competitive advantage—something it does better than rivals and that's difficult to imitate.
The term comes from business strategy: Supply chain management is their core competency.
In corporate speak, it often gets diluted to mean any skill a company possesses, or even individual professional strengths: Time management is one of my core competencies.
Concentrated expertise in one field
- masteryComplete skill or control
- skillAcquired ability through practice
- proficiencySkilled performance level
- knowledgeUnderstood facts and skills
capability · talent · aptitude · know-how · savvy · craftsmanship · technique · fluency
Factor enabling market outperformance
- differentiationRecognizing meaningful differences
- value propositionPromised benefit to customers
- market positionStanding among competitors
- nicheRecessed wall space
specialization · leverage · positioning · sustainability · scalability
Foundational building block
- pillarUpright architectural support
- bedrockSolid stone underground
- backboneVertebral column, or courage
- anchorSecures ships to seabed
keystone · underpinning · framework · basis · groundwork · platform · infrastructure · support
specialization
Concentrated expertise in one field
- masteryComplete skill or control
- skillAcquired ability through practice
- proficiencySkilled performance level
knowledge · capability · talent · aptitude · know-how · savvy · craftsmanship · technique · fluency · adeptness
competitive advantage
Factor enabling market outperformance
- differentiationRecognizing meaningful differences
- value propositionPromised benefit to customers
- market positionStanding among competitors
niche · specialization · leverage · positioning · sustainability · scalability
cornerstone
Foundational building block
- pillarUpright architectural support
- bedrockSolid stone underground
- backboneVertebral column, or courage
anchor · keystone · underpinning · framework · basis · groundwork · platform · infrastructure · support · base
- workplacehours, cubicle, desk job, holiday party, desk
- buzzwordssynergy, leverage, paradigm, stakeholder, scalable
- office jargonsynergy, circle back, touch base, deep dive, action item
- Work JargonASAP, FYI, EOD, synergy, deliverable
- corporate jargonsynergy, stakeholders, deep dive, circle back, leverage
- managementmanagers, management, executives, boss, supervisors
core competencyweakness
Deficiency in force
deficiency · liability · shortcoming · blind spot · vulnerability
core, competence, competent, incompetent, cores, cored, incompetence, competently, corer