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Core Competencies for Developing Sustainable Success

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Building core competencies is important to developing sustainable success for an organization.

Respond to the following: •What criteria must organizational capabilities satisfy for them to become core competencies?
•How does building core competencies add value to an organization?
•Why is it important to build flexibility into the organization's core competencies?
Develop one example to illustrate your response to all three answers. That is, for one selected core competency, explain the difference between capability and competency, value to the organization, and importance of flexibility.

Please use at least 1 reference

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Solution Summary

Core Competencies for developing sustainable success is analyzed. How to add value to an organization is determined.

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Building core competencies is important to developing sustainable success for an organization.
Respond to the following:

1. What criteria must organizational capabilities satisfy for them to become core competencies? The goal of any core competency is to create an atmosphere or reputation for a company that would make it difficult for competitors to replicate. In order for this to happen, a company must first have the knowledge and industrial wisdom to allow a company to be competitive in their prospective markets. According to the Society for Human Resource ...

Solution provided by:
Keonda Grant-Taylor, MBA
Education
  • Doctorate of Management in Organizational Leadership, University of Phoenix - Online
  • MBA, Webster Univeristy
  • Dual BS Degrees, University of South Carolina
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