Core Competencies

Core Competencies (Core Competency) - Baldrige Glossary Definition

(Baldrige Glossary for Business, Government (Public Sector) and other Nonprofit

The term 'Core Competencies' was first introduced in the Baldrige Glossary in 2007.

Core Competencies (Core Competency)

The term “core competencies” refers to your organization’s areas of greatest expertise. Your organization’s core competencies are those strategically important capabilities that provide an advantage in your marketplace or service environment. Core competencies frequently are challenging for competitors or suppliers and partners to imitate, and they provide a sustainable competitive advantage.

Core competencies may involve unique service offerings, technology expertise, a marketplace niche, or particular business acumen (e.g., health care delivery start-ups).

Note: The term “core competencies” was added to the Baldrige Glossary for 2007.

Note: Blue words above are hyperlinks to other Integrated Glossary terms.

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Baldrige Glossary - Core Competencies