Product Chats Podcast

What Makes a Competency Distinct?

07.22.2022 - By Pragmatic InstitutePlay

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“Here’s how we define distinctive competencies: they are the unique attributes your organization has developed that allow you to deliver value into your market.” — Paul Young

 

In this episode of Pragmatic Live, Rebecca Kalogeris, VP of marketing for Pragmatic Institute, interviews Pragmatic instructor Paul Young about distinctive competencies and how to avoid some of the biggest pitfalls when identifying them.

 

They discuss:

Distinctive competency as it relates to core competencies

Examples of distinctive competencies: innovation, culture, customer intimacy, patent portfolio

Why you can’t innovate like Apple >> Read More

The consequence of assuming distinctive competencies without external validation

Why technology isn’t a good distinctive competency

How many (or few) distinctive competencies you should have in your organization

The strategies for shifting distinctive competencies (the slow way and the fast way)

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Prioritize actual vs. desired business goals

Talk to and observe the market in action.

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