Effects of capabilities, competences to competitive benefit
What are the effects of capabilities and competences to competitive benefit?
Expert
From capabilities and competences to competitive benefit there are:
1. Strong core competitive capabilities and competences are valuable avenues for securing a competitive edge over rivals in conditions where it is relatively simple for rivals to copy smart strategies.Key Concept: making capabilities and competences has a enormous payoff – enhanced strategy execution and a potential for competitive benefit.
2. Cutting-edge organizational capabilities and core competences are not simply duplicated by rival firms; thus any competitive edge they generate is probable to be sustainable, paving the way for above-average the organizational performance.
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