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Core competence &CSF

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Core competence &CSF

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Ken Garrett.
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  • November 21, 2012 at 2:54 pm #55581
    claudia7
    Member
    • Topics: 16
    • Replies: 3
    • ☆

    Dear Sir,

    What is the difference between CSF and the core competences? Are core competences always CSF as they create competitive advantage?

    I suppose that competitive advantages are CSF but not all the CSF are core competences.
    Thank you

    November 22, 2012 at 7:46 am #108279
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    A core competence is what you are particularly good at. A critical success factor is where you must do well if you are to succeed.

    They are linked but might be slightly different. As you say, a core competence should normally be reflected in CSFs. Often a core competence divides into several CSFs so that a core competence of a cut price airline is to get as much flying as possible from each aircraft. To do that it will concentrate on turn-round times, route planning, maintenance schedules. These are likely to be CSFs.

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