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A distinctive capability is a valuable business capability that one firm possesses but all other firms have difficulty replicating. The following are illustrative examples.InnovationA firm that is able to continually reinvent products in a valuable way such as improving a key figure of merit faster than all other competitors.
MarketingA firm with a superior reputation in an area such as luxury fashion.CostA firm that produces a product at great scale and low cost such that all competition can't achieve their cost base.DesignAn architectural firm with talented architects that continually receive international recognition for their work.|
Type | | Definition | A valuable business capability possessed by one firm that all other firms in an industry can't match. | Attributed to | John Kay (Oxford economist) | Related Concepts | |
Business Analysis
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A few examples of business capabilities.
A definition of capability management with an example.
A definition of functional benchmarking with examples.
The difference between ability and capability explained.
An overview of company capabilities with examples.
An extensive list of business strategies.
A reasonably comprehensive guide to strategy.
The difference between a baseline and a benchmark.
A definition of strategy vs tactics with two examples.
A few sources of competitive advantage for businesses.
A list of macro environment components.
An overview of a common business strategy.
A definition of restructuring with examples.
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