I often heard about these two terms: core competencies and competitive advantages. Of course, according to several books especially Strategic (Thompson, Porter, etc) they are explained as ‘bla.. bla.. bla’. But somehow lots of us still couldn’t differenciate them .. if I can say.. correctly. Last time when I met Dr. H, I asked this question to him. I know-lah, maybe my friends would say, “how come you asked such question (the fact was.. it was so simple according to some..)when you already know about them from books? For me, this question means everything.. simple but their effects towards our understanding bout business, even the life itself are actually so influencing. And so my lecturer explained to me (gee, thanks sir!).
Now my big question is that, we often relate them to corporate strategic plan. How about if we take it as a personal question to ourselves. What is actually our core competencies and competitive advantages of ourselves as a part of this big community of the world? What’s the difference? Has anybody wants to share his/her thinking about this?
Sis, do contribute your mind 🙂