Applying a Core Competencies Approach in Virtual Enterprise Formation

Abstract

The process of core competencies identification has been incorporated by the enterprises within strategic planning. The virtual enterprise, which is a form of cooperation between enterprises, is one of the most benefited with this new process, mainly in its formation stage. The identified core competencies, which are deployed in products, process and technology, may support a more agile gathering of the virtual enterprise partners. This chapter presents a method to identify core competencies, supported by a practical case of successful virtual enterprise formation, where the method was applied and validated.