BNET Business Dictionary
Business Definition for: Core Business
- the central, and usually the original, focus of an organization's activities that differentiates it from others and makes a vital contribution to its success. The concept of core business became prominent in the 1980s when diversification by large companies failed to generate the anticipated degree of commercial success. In 1982, Tom Peters's and Robert Waterman's book In Search of Excellence suggested that organizations should stick to the knitting and avoid diversifying into areas beyond their field of expertise. An organization's core business should be defined by its core competences.
Additional Resources
- Not simply a tweak: executives say survival of core business requires significant change, study shows.( )
- SUBSTANTIAL CHANGES WILL be needed to compete and grow in the years ahead, say business executives who participated in a recent survey that asked them to look five years down the road. The survey results, released by global consulting firm Bain & Co.,...
- Research articles 2005-02-01
- Sime Darby eyes petroleum retailing as core business, BUSINESS TIMES
- Business Times Malaysia 06-12-2001 SIME Darby Bhd, Malaysia's most diversified conglomerate, may make petroleum retailing its core business if its venture into the ProJET brand is successful. "We hope that the oil and gas as well as th ...
- Research articles 2001-06-12
- Sun demerges R&D to insulate core business.
- Feb. 11--Sun Pharma's decision to demerge the new drug discovery and the new drug delivery system, portion of its R&D business, will insulate the company's core business from the risks associated with research. It also forces the R&D business Feb. 11--Sun Pharma's decision to demerge the...
- Research articles 2006-02-11
- Sun Care brand Blockhead has been acquired in a tie up between the Cosmetics Equity Group and The Core Business.(EUROPEAN NEWS)
- SUN CARE brand Blockhead has been acquired in a tie up between the Cosmetics Equity Group and The Core Business. Tim Lowe, one of the founding ... SUN CARE brand Blockhead has been acquired in a tie up between the Cosmetics Equity Group and The Core...
- Research articles 2005-09-09
- CEOs reveal focus on core business not cost savings is primary reason to outsource.
- M2 PRESSWIRE-31 October 2001-INTEGRA: CEOs reveal focus on core business not cost savings is primary reason to outsource C1994-2001 M2 COMMUNICATIONS LTD RDATE:31102001 Integra announces research results into senior managements' perceptions of e-business outsourcing. Key Findings...
- Research articles 2001-10-31
- Banks trim fat to focus on core business.(consolidation)(Brief article)
- Many of today's largest banks are looking to step out of the mutual fund game that they once rushed into, preferring to focus on the core business of commercial banking. Citigroup last year unloaded its Citi Asset Management division to Legg Mason Many...
- Research articles 2006-09-01
- TV stations told to 'stick to their knitting.' (McKinsey and Co./Teller-Gorman study recommends focus on core business)
- TVB study sees slow market growth, competition for market share Broadcast stations that focus on their core business during the next two years, while at the same time experimenting with new technology will have a better chance of becoming grea ...
- Research articles 1994-03-28
- Phoenix sells printing blanket activities: German firm to focus on core business as printing activities are sold. (Rubber news).(in management buyout backed by BPE Private Equity GmbH)(Brief Article)
- As part of efforts to focus on core business, Phoenix AG has sold its offset blanket activities in a management buy-out, effective 1 Oct. The MBO team, backed by a fund managed by BPE Private Equity GmbH of Hamburg, has acquired the assets of this bu ...
- Research articles 2001-11-01
- As part of a strategy to shore up its core business, packaging player Alcan Inc has divested its Italian Laffon plant as well as Alcan Packaging Sutton Ltd.(TECHNOLOGY & PACKAGING)(Brief Article)
- AS PART of a strategy to shore up its core business, packaging player Alcan Inc has divested its Italian Laffon plant as well as Alcan Packaging Sutton Ltd. The latter is based in Nottinghamshire in the UK ... AS PART of a strategy to shore up...
- Research articles 2005-09-23
- SHANDA DECLARES HOME INTERACTIVE ENTERTAINMENT IS CORE BUSINESS
- AsiaInfo Services 04-15-2005 Shanda Declares Home Interactive Entertainment Is Core Business SHANGHAI, Apr 15, 2005 SinoCast via COMTEX -- Shanda Interactive EntertainmentLimited (NASDAQ: SNDA), the leading online game operator in China, declares that the home interactive entertainment is its core business...
- Research articles 2005-04-15
- Elisa specifies incorrect information stated in public on the restructuring of its non-core business.
- M2 PRESSWIRE-30 April 2003-Elisa Communications: Elisa specifies incorrect information stated in public on the restructuring of its non-core businessC1994-2003 M2 COMMUNICATIONS LTD RDATE:04302003 Elisa specifies incorrect information stated in public concerning the Group's ownership arrangements in Comptel Corporation, Estera Oy...
- Research articles 2003-04-30
- Siebel Systems and Haley Systems Sign Strategic Global OEM Agreement; Siebel Systems to Use Haley's Business Rules Suite for Core Business Rules Technology
- PITTSBURGH -- Haley Systems, Inc., the technology leader in business rules management systems, and SiebelTM Systems, Inc. (NASDAQ: SEBL), a leading provider of customer-facing solutions, today announced that Haley will provide the core business rules technology for Siebel Systems' next-generation product offerings. Under the terms of a global strategic OEM...
- Research articles 2005-09-19
- National Restaurant Chain Selects Lawson ERP and Business Intelligence Software; BUCA Will Use the Applications to Streamline Financial Reporting, Centralize Core Business Processes and Support Rapid Growth
- ST. PAUL, Minn. -- BUCA, Inc. selected Lawson Software's (Nasdaq:LWSN) Enterprise Financial Management, Supply Chain Management and Business Intelligence suites to help centralize its disparate ERP systems and streamline core business processes. BUCA's legacy business systems limited its ability to capture, execute, analyze and report business activities across the organization...
- Research articles 2006-08-08
- IPIX Corporation Completes Sale of AdMission Business Unit in Continued Streamlining of Core Business Objectives
- VIENNA, Va. -- IPIX Corporation (NASDAQ:IPIX), a premium supplier of visual intelligence technologies, announced today the completion of the sale of its AdMission business unit to AdMission Corporation, a privately held venture capital-funded and employee-owned company. The sale, which was previously announced by IPIX on January 11, 2005, is part...
- Research articles 2005-02-17
- FHS Enterprises Calls for New Moore Medical Strategies to Maximize Shareholder Value; Seek Greater Returns on Moore's Core Business and E-Commerce Initiatives
- Business Editors NEW ROCHELLE, N.Y.--BUSINESS WIRE--March 12, 2001 Moore Medical Corp. (AMEX:MMD, www.mooremedical.com), a Connecticut based leading national distributor of medical, surgical and pharmaceutical products, needs new strategies to enhance shareholder value and maximize its investments in both its core business and e-commerce, an investor group led by...
- Research articles 2001-03-12
- Navigant International -FLYR- Reports Second Quarter Earnings Per Share for Core Business of $0.42
- Business Editors DENVER--BUSINESS WIRE--July 31, 2001 - Core Business EBITDA up 7% on Record Revenue of $95 Million - - Acquisition of SATO Completed - Now 2nd Largest in Industry - FLYR management will conduct a conference call today at 11:00 a.m. Eastern to discuss...
- Research articles 2001-07-31
- Investors Capital Holdings' Affiliate Eastern Point Advisors Discontinues Its Mutual Fund Advisory Business; Company Focus Remains on Core Business of Recruiting and Servicing Financial Professionals
- LYNNFIELD, Mass. -- The contact information should read: Timothy B. Murphy, 800-949-1422 ext. 226 and Darren Horwitz, 800-949-1422 ext. 261 (sted of Timothy B. Murphy, 781-593-9464 ext. 226 and Darren Horwitz, 781-593-8565 ext. 261). The release reads: INVESTORS CAPITAL HOLDINGS' AFFILIATE EASTERN POINT ADVISORS DISCONTINUES ITS MUTUAL FUND...
- Research articles 2005-11-04
- TIBCO helps Derbyshire Building Society streamline core business processes and reduce operational costs; TIBCO`s integration solution enhances productivity, decreases key person dependency, and enables integration of advanced and legacy systems.
- M2 PRESSWIRE-1 April 2003-TIBCO: TIBCO helps Derbyshire Building Society streamline core business processes and reduce operational costs; TIBCO`s integration solution enhances productivity, decreases key person dependency, and enables integration of advanced and legacy systemsC1994-2003 M2 COMMUNICATIONS LTD RDATE:04012003 LONDON, UK...
- Research articles 2003-04-01
- Streamline core business processes with IBM WebSphere MQ
- In today's constantly changing business environment, it is essential for applications and business processes to remain connected and integrated. View this interactive PDF and see how IBM WebSphere® MQ provides the flexible SOA messaging backbone needed to help streamline your core business processes.
- Webcasts 2009-11-16
- Does Your Intranet Support Core Business
- On many intranets, a large proportion of the site is decided to allowing staff complete administrative tasks easily. Few intranets have the same focus on assisting staff with core business. Although it is important to allow staff to undertake administrative tasks efficiently, the intranet will provide much better value to...
- White papers 2004-07-01
