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A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. [1] It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness.
The scoring of KSA essays is often based on a ranking given to each individual essay, and there is often a cutoff score. High scores are derived through answering the KSA question as specifically as possible, providing examples from previous employment or training that clearly demonstrate the applicant meet the qualifications.
As competencies are linked to business objectives or business strategies, aligning the two is more effective and convenient for the business, making it more streamlined; Identifying and using core competencies to create goods & services results in major contributions to the companies competitiveness
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Competencies in this category should demonstrate pertinent behaviors for management to be effective. Organizational competencies: The mission, vision, values, culture and core competencies of the organization that sets the tone and/or context in which the work of the organization is carried out (e.g. customer-driven, risk taking and cutting edge).
Competency models can help organizations align their initiatives to their overall business strategy. By aligning competencies to business strategies, organizations can better recruit and select employees for their organizations. Competencies have become a precise way for employers to distinguish superior from average or below average performance.