distinctive capabilities

distinctive capabilities

the particular skills and attributes possessed by a firm which form the basis of sustainable COMPETITIVE ADVANTAGES over rival suppliers. Strategists emphasize three key competencies: innovative ability - the capability to bring out a succession of ‘leading edge’ new technologies and products; reputation/image - the accumulated qualities that make a firm ‘stand out from the crowd’; architecture- the ‘networking’ of input suppliers and customers through the cultivation of close and mutually beneficial dealings See CORE SKILL or COMPETENCY, RESOURCE BASED THEORY OF THE FIRM, VALUE CHAIN ANALYSIS.