Study Of The Core Capability Of Corporation Finance

The corporations’ core capability, the key of improving competitivenessand gaining the competitive advantage, is the unique ability which gradually built up inthe process of the corporations’ long-term development. Knowing, training, managingand using the corporations’ core capability, are the invincible magic in today’s highlycompetitive business environment.Firstly, the article begin with understanding the corporations’ core capability,through comparing the core capability and the general capability, making a deepdiscussion of its core force in the aspect of connotation., the conditions which thecorporation should have such as user’s value, uniqueness, ductility and some others toturn the corporations’ general capability into the core capability, discoursing theimportance of culture， skills training and knowledge, etc. Revealing that nurturing andbuilding the corporations’ core capability should make deep realization in respect ofhuman resource, core technology, corporate reputation, marketing technology, marketingnetworks, management and research ability.The development and expansion of enterprises rely on the market, after owning thecore capability, the company should find ways to make enterprises bigger and stronger,which requires companies to build their irreplaceable core competencies in financialterms to accept the market’s brutal challenge and to deal with the competition in domesticand foreign markets, and become the bigger and stronger top companies. Due to theunique status and role of financial management in business management, forcingfinancial core competencies become an important part of the corporations’ corecompetence, the enhancement of corporations’ capabilities and the core competence, mustbe reflected in the improvement of corporation finance and corporation’s financial corecompetencies, while the occurrence of financial risks will suppress the enhancement ofthe financial core competencies. Therefore, the article discuss the cultivation,improvement and construction of corporations’ financial capability, corporations’ financial core competencies, financial risk control and financial core competencies.