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Core competences: VRIS framework was used in order to identify the core competencies
Impsa main core competencies is their strong research and development ability. For example, the
company has many employees dedicated to continuous R&D, improvements and innovation of existing
technologies related to every part of the value chain of all its products.
Valuable: Innovation and employee creativity is an intangible asset
Rare and Costly to Imitate: Not many firms can afford to innovate, produce and sell their products.
Non Substitutable: Other resources cannot copy an intangible asset that Impsa has.
Sustain and development of core competences:
In order to maintain their competitive attribute, they need to continue to invest in the core competencies,
that sets them apart, Research and Development. They can continue to set themselves apart from other big
players in the industry through organizational learning/employee learning, strategic flexibility, effective
technology management.