Identifying and agreeing on the key competencies and capabilities is critical to managing strategically for a sustainable competitive advantage.

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Identifying and agreeing on the key competencies and capabilities is important so that a company can focus its resources and efforts on developing and enhancing these areas to gain a sustainable competitive advantage over its competitors. Without a clear understanding of these key factors, a company may struggle to compete effectively in the market.

Identifying and Agreeing on the Key Competencies and Capabilities Is