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GM’s Core Competencies

A core competency is a capability that provides a firm with a competitive advantage. These competencies develop over time and represent the culmination of a firm’s greatest skills. In order to be considered a core competency, three conditions should be met. First, the competency should open up an array of markets. Next, it should help differentiate the firm’s most important products. Finally, a core competency should be difficult to for competitors to imitate

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GM’s Top 5 Strategic Resources

A company’s most important strategic resources are those assets that give the company a unique, competitive advantage over its rivals. Additionally, a company must be able to exploit a strategic resource for it to be valuable.

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