Core-competency meaning

The definition of core competency means the main strength of someone or a group.

An example of a core competency is an accounting firm's ability to work with numbers.

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A company’s primary area of business and greatest expertise. If a company grows by acquiring diversified businesses, then goes through a period of sluggish growth and disappointing earnings, it may shift back to its core competencies and sell off businesses that are non-core.
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(management) An important special capability or expertise; especially that of a business affording it sustainable competitive advantage.

The publisher's core competency was paperbacks, but they decided to branch out into online publishing.

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