Core competencies

Core competencies is the distinctive group of skills and technologies that enable an organization to provide particular benefits to customers and deliver competitive advantage. Together, they form key resources of the organization that assist it in being distinct from its competitors.

Definitions

According to the Corporate Strategy by Lynch (4th edition),

Core competencies. The distinctive group of skills and technologies that enable an organization to provide particular benefits to customers and deliver competitive advantage. Together, they form key resources of the organization that assist it in being distinct from its competitors.

According to Product Manager's Handbook by Gorchels (2nd edition),

Core competencies. The central skills and knowledge of a company that provide its strengths against competition.