Q.
Who will be remembered for the phrase "Core Competency" - this has become the oft repeated phrase in Management talks.?
Asked by venkatesaldevarajan,
17 Apr '10 04:45 pm
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The phrase "core competency" was first put forth by Gary Hamel and C. K. Prahalad in a 1990 article in the Harvard Business Review. The authors defined these attributes as things that provide customer benefits, and that competitors have a hard time imitating. In general, businesses win when they outsource activities that are not part of their core competencies to other firms that can do these things better.
Answered by PARTHA PATHAK, 17 Apr '10 05:34 pm
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