Core Competencies Assignment Help

The market is always competitive. Companies need to be highly functional in every department in order to perform as per the expectation. In this respect, the usefulness of core competencies is really high. Every student of Business Management needs to study the definition, importance, tools, and applications of core competencies in-depth. As a professional, you have to be efficient in the application and getting results from it. So, if you want to learn the subject more elaborately and write the assignments professionally, you can take online Core Competencies assignment help.

BookMyEssay has a strong team of Business Management assignment writers. This team is comprised of the highly-experienced management professionals with practical experience in applying the principals of core competencies. We are not saying but response and trust of the students depict that they depend on us in completing quality assignments.

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Writing core competencies assignments is a tricky and tedious matter. You may have some weakness on the subject, but that does not mean that you will fall short of marks. Your hard work will fetch high scores and top grades when it is accompanied by expert guidance.

What is Core Competencies?

Core Competencies are those aspects of a business that can keep a business extremely relevant in the market. It helps to define the strength helping the company to expand their business and grow in size in terms of market existence and revenue. A company may have more than one aspect of core competency. In the other way, these the capabilities of the company which can help the company in developing a separate market identity. Every company needs to work on the core competencies and do everything feasible to nurture those competencies.

The concept was proposed by CK Prahalad and Gary Hamel Core Competencies in their article “The Core Competence of the Corporation” in HBR in 1990. According to the authors, for the sustainable growth in a highly competitive market, it is necessary for an organization to identify their core competencies. Then, they need to invest in these areas efficiently making the prime resources work in such a way that the core competencies are further developed.

There are some steps and procedures in making the core competencies working for the company:

First, the company needs to identify the special abilities that can provide them a competitive
Second, the company needs to find ways in which they can use it to improve these abilities working for the overall development of the company which can ultimately provide an edge in the market.
Third, the company needs to direct its core resources in further strengthening the core competencies.
Fourth, the company needs a specific strategy to sustain the core competencies.

Sometimes, the company may need to improve the skill of the human resource in order to enhance those abilities. Experts opine that the companies should outsource those works which do not fall under the core competencies thereby freeing the resources which they can then invest in strengthening their abilities.

Core Competencies Assignment Writing Services

So, do you get an idea of what types of assignments can be given on core competencies? You have to be a pro in business management and strategy formulation. In the assignments, you may have to find the core competencies of the given company and then suggest the management on how they can develop it further or use it for the market expansion?

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