Sticking to core competencies

While many organizations are working to try to expand their business does it not make more sense to simply focus more on your core competencies?

Too often we expand beyond our core competencies and not only does that result in bad performance in these new ventures but also lesser productivity in their core competencies due to lack of focus.

Even if this might mean less revenue by getting rid of the extraneous efforts, it will most likely result in higher margins, more profitability and a better life.

Have a great day!