Why is a core competence typically more valuable than a regular competence?

A core competence is typically more valuable than a regular competence because it plays a key role in the company's strategic approach. Core competencies are unique strengths that provide a competitive advantage and are often deeply embedded in the organization. They help differentiate a company from its competitors, enabling it to deliver unique value to customers and leverage its capabilities effectively. This differentiation is essential for crafting strategies that capitalize on the company's strengths and foster long-term success.

In contrast to core competencies, regular competencies may not contribute significantly to strategic differentiation or the company's ability to compete effectively in the market. While they are valuable in their own right, they often lack the same depth and strategic importance that core competencies hold, which can make a substantial difference in a company's performance and market position.