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?
2) How does building core competencies add value to an organization?
3) 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.