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Is CC REALLY Different from FF?
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Tim
8
Tim, Australia

Is CC REALLY Different from FF?

The trouble with this article and concept is that it begins by suggesting that CC is opposite to Porter's FF approach in that it places CC at the start as opposed to FF which places market, competition and customer first. Then you read down to the "Three test for identifying a Core Competence" and find market, competitor and customer.

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  Kim Warren
4
Kim Warren
Professor, United Kingdom
 

Core Competence differences versus Five Forces

Of course CC is different from FF. FF is an industry-level framework for assessing profit opportunities generally, and says nothing about any particular firm at all. CC seeks deep competences that may allow a firm to perform strongly in its industry. No-one said you only need CC and can forget about the competitive environment. Like most strategy tools CC and FF are merely individual tools that may be necessary to identify a strong strategic position.

  Christine Nakimbugwe
2
Christine Nakimbugwe, Uganda
 

Core Competencies and Five Forces

CC and FF are both tools that an organisation can use to sustain their presence in the environment.
It's the issue of sustainability that drives both tools to be considered.
Secondly, it is a contigency to the organisation.
CC has to do with resource auditing, FF has to do with environment scanning.

 

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topic Utilizing a Core Competence
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topic Financial Valuation of a Core Competence
topic Core Competences and Porter's 5 Forces
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Special Interest Group


More on Core Competence
Summary Discussion Topics
topic Why Protect Core Competence?
topic CC as an Organisational Trait(s)
topic Identifying a Core Competence
topic Imitation of Core Competence
topic Core Competency versus Corporate Competency?
topic The Virtual Company and Core Competences
topic Utilizing a Core Competence
topic Always link Strategy to CC
topic Financial Valuation of a Core Competence
topic Core Competences and Porter's 5 Forces
👀Is CC REALLY Different from FF?
topic Leadership & Core Competence
topic Core Competency Should be Challenged
topic Integrating the Core Competence
topic People are our Greatest Asset
topic Core Competences Change due to ICT
topic Defining New Services / Capabilities
topic Outside- in vs. Inside-out
topic Examples of Core Competences
topic Is There Any Difference Between a Competence and a Competency?
topic Collaboration and CC
🔥 The Role of AI in Core Competence
Special Interest Group
Knowledge Center

Core Competence


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