Competitive Strategy

Competitive Strategy

Presents the comprehensive framework of analytical techniques to help a firm analyze its industry as a whole and predict the industry's future evolution, to understand its competitors and its own position ...

Author: Michael E. Porter

Publisher: New York : Free Press ; Toronto : Maxwell Macmillan Canada

ISBN: UOM:39015015289450

Category: Competition

Page: 396

View: 755

Presents the comprehensive framework of analytical techniques to help a firm analyze its industry as a whole and predict the industry's future evolution, to understand its competitors and its own position ...
Categories: Competition

Cases in Competitive Strategy

Cases in Competitive Strategy

Though the cases in Cases in Competitive Strategy may be informative when studied on their own, they are designed to be read and analyzed in combination with the companion volume, Competitive Strategy.

Author: Michael E. Porter

Publisher: Simon and Schuster

ISBN: 9780029254103

Category: Business & Economics

Page: 541

View: 408

Though the cases in Cases in Competitive Strategy may be informative when studied on their own, they are designed to be read and analyzed in combination with the companion volume, Competitive Strategy. The conceptual materials and the cases are designed to reinforce each other, showing the connection between the theory and the practice of competitive strategy formulation.
Categories: Business & Economics

Competitive Strategy

Competitive Strategy

The authors describe a new approach to balancing flexibility and commitment in management strategy through the amalgamation of real options and game theory.

Author: Benoît Chevalier-Roignant

Publisher: MIT Press

ISBN: 9780262015998

Category: Business & Economics

Page: 488

View: 462

Competitive Strategy provides a rigorous yet pragmatic and intuitive approach to strategy formulation. It synthesizes research in the areas of strategy, economics, and finance in a way that is accessible to readers not necessarily expert in the various fields involved. The book will be of interest to scholars, students, and academically trained practicing managers interested in applying these ideas.
Categories: Business & Economics

Wharton on Dynamic Competitive Strategy

Wharton on Dynamic Competitive Strategy

This chapter explores how these shifts not only undermine current sources of
advantages , but often undermine the whole basis for thinking about strategy and
regulation in an industry . This can rapidly transform a competitive advantage into
a ...

Author: George S. Day

Publisher: John Wiley & Sons

ISBN: 0471689572

Category: Business & Economics

Page: 480

View: 904

WHARTON on DYNAMIC COMPETITIVE STRATEGY "A valuable contribution, this insightful book makes it clear that strategy is not a one-time search for a sustainable competitive advantage, but a continuous monitoring of the environment, consumers, and competitors with the object of making the right moves in a dynamically changing competitive landscape." -Philip Kotler S.C. Johnson & Sons Distinguished Professor of International Marketing J. L. Kellogg Graduate School of Management Northwestern University. "An ambitious and welcomed effort at addressing strategy from an interdisciplinary perspective." -Professor Don Lehmann Columbia University Graduate School of Business. "Wharton on Dynamic Competitive Strategy weaves together an unprecedented interdisciplinary analysis of competitive strategies that any global manager should consider indispensable reading...An impressive book." -Jon M. Huntsman, Sr. Chairman and CEO Huntsman Corporation. "Provocative and meaningful . . . Provides an excellent framework for formulating strategy." -Sam Morasca Vice President, Marketing Shell Oil Products Company. "A Rosetta stone for strategy. Read it and keep it by your side!" -Dale Moss Executive Vice President, Sales and Marketing USA British Airways, New York The competitive challenges facing you are more complex and fast-moving than ever. This environment demands dynamic competitive strategies-strategies that anticipate and adjust to competitors' countermoves, shifting customer demands, and changes in the business world. Wharton on Dynamic Competitive Strategy offers new perspectives on competitive strategy from a distinguished group of faculty at Wharton and other leading business schools around the world. This book presents the best insights from decades of research in key areas such as competitive strategy, simulations, game theory, scenario planning, public policy, and market-driven strategy. It represents the most cohesive collection of insights on strategy ever assembled by a leading school of business. Developed for the thinking manager, Wharton on Dynamic Competitive Strategy provides deep insights into the true dynamics of competition. In contrast to popular, quick-fix formulas for strategic success, this book provides perspectives that will help you better understand the underlying dynamics of competitive interactions and make better strategic decisions in a rapidly changing and uncertain world. The insights and approaches presented here are illustrated with real-world examples which demonstrate how these approaches can be applied to your strategic challenges. These chapters will help you better address key strategic issues such as: * Anticipating competitors' responses using game theory, simulations, scenario planning, conjoint analysis, and other tools-and designing the best strategy in light of these expected responses * Planning for multiple rounds of competition in the way that chess players think through multiple moves * Understanding how changes in technology and public policy or moves by competitors can undermine your current advantages or neutralize future advantages * Broadening your range of options for reacting to moves by competitors * Signaling and preempting rivals. This groundbreaking new book will change your view of strategy and give you the tools you need to succeed in a dynamic and intensely challenging world.
Categories: Business & Economics

Global Competitive Strategy

Global Competitive Strategy

In a similar vein to Cemex's initial entry strategy into the US some decades earlier
, around the mid-1990s Cemex began to supply some markets in the North and
the Northeast of Brazil from its plants ... 202 Global Competitive Strategy LVII.

Author: Daniel F. Spulber

Publisher: Cambridge University Press

ISBN: 9781139467117

Category: Business & Economics

Page:

View: 849

Globalization has fundamentally changed the game of business. Strategic frameworks developed for the analysis of purely domestic business necessarily fall short in the international business context. Managers and business students require alternative approaches to understand and cope with these far-reaching changes. We must learn to think globally in order to succeed. Global Competitive Strategy shows how we can do this by providing a unique set of strategic tools for international business. Such tools include the 'star analysis' that allows strategy makers to integrate geographic information with market information about the global business environment. Also introduced is the 'global value connection' that shows managers how to account for the gains from trade and the costs of trade. Aimed at MBA students taking courses in international strategy, consultants and practising managers with responsibility for strategic development, this 2007 book offers a comprehensive strategic framework for gaining competitive advantage in the global marketplace.
Categories: Business & Economics

The Competitive Strategy

The Competitive Strategy

The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking.

Author: Michael E. Porter

Publisher: Free Press

ISBN: 0743260880

Category: Business & Economics

Page: 432

View: 155

Now nearing its 60th printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity -- like all great breakthroughs -- Porter's analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies -- lowest cost, differentiation, and focus -- which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors,, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter's rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.
Categories: Business & Economics

Summary of Competitive Strategy Techniques for Analyzing Industries and Competitors by M E Porter

Summary of  Competitive Strategy  Techniques for Analyzing Industries and Competitors  by M E  Porter

Literature Review from the year 2018 in the subject Economics - International Economic Relations, grade: 4.0, Harris University (Harrisburg University of Science & Technology), language: English, abstract: The book "Competitive strategy: ...

Author: Friederike Berg

Publisher: GRIN Verlag

ISBN: 9783346091581

Category: Business & Economics

Page: 5

View: 766

Literature Review from the year 2018 in the subject Economics - International Economic Relations, grade: 4.0, Harris University (Harrisburg University of Science & Technology), language: English, abstract: The book "Competitive strategy: techniques for analyzing industries and competitors: with a new introduction" by Michael E. Porter (New York: Free Press, c1980. 396pp.) is the epitome of competitive strategies. The author explains the dynamism of competition within the industry. Furthermore, he developed analyzing tools step by step to examine a branch on the basis of practical examples. The author, Michael E. Porter, was born in 1947 and is a professor at the Harvard Business School where he has the Institute for Strategy and Competitiveness.
Categories: Business & Economics

Developing a Competitive Strategy

Developing a Competitive Strategy

Competitive advantage is not about how good you are but about whether you're faster, better, or cheaper than competitors in your particular market.

Author:

Publisher:

ISBN: OCLC:1137487325

Category:

Page:

View: 489

Competitive advantage is not about how good you are but about whether you're faster, better, or cheaper than competitors in your particular market. In this course, global strategy expert Anil Gupta, a professor at the University of Maryland, provides an overview of the sources of competitive advantage. He explains how and why companies are always simultaneously competing in two arenas-onstage and backstage-and how competitive advantage is dynamic; an advantage you have today may not be an advantage tomorrow.
Categories:

Competitive Strategy

Competitive Strategy

Competitive Strategy: Adapting to Dynamic Times Enhances Proven Strengths
Michael Porter's treatise on Competitive Strategy and the Five Forces Model,
though formulated in 1980, remains a highly educative guidance on strategy and
 ...

Author: C B Rao

Publisher: Notion Press

ISBN: 9781946436696

Category: Business & Economics

Page: 166

View: 341

Competitive Strategy is a key driver of industrial growth and economic development. Professor Michael Porter’s treatise, formulated in 1980, remains the only integrated work on the subject to date. While its core concepts endure, it requires the holistic incorporation of additional insights and prescriptions, based on current and future trends. This book reviews Porter’s work in the context of the global economic forces and rapid technological changes that have affected businesses and their strategies from the mid-2000s. It focuses on select aspects of competitive strategy particularly affected by such forces and develops several novel constructs to strengthen and expand the core analytical framework of competitive strategy with a futuristic perspective. The book embeds the impact of technology throughout but recognises that a more focused and detailed analysis of the same has been presented in the author’s recent companion work, Technology and Competitive Strategy: Perspectives for Innovators, Differentiators and Followers. Each of the book’s chapters is dedicated to a unique facet of competitive strategy, with novel hypotheses and constructs supported by multiple real-life examples. The book will inspire professionals, business leaders, academicians and public policy makers involved in strategy and growth to appreciate issues and solutions in a broader and a more contemporaneous industrial and economic context.
Categories: Business & Economics

One Political Economy One Competitive Strategy

One Political Economy  One Competitive Strategy

Drawing on the insights gained from Table 4.1, these findings refute hypothesis
H1 that competitive standardization ... for competitive strategies than specific age
ranges, as Model 1 (where R2 = 0.451) explains 7.5 per cent more of strategy ...

Author: Andrea M. Herrmann

Publisher: OUP Oxford

ISBN: 9780191562426

Category: Business & Economics

Page: 224

View: 167

This book examines how firms adapt to the pressures of increasing international competition by testing the arguments on 'strategy specialization' proposed in the competitiveness literature in general, and by contributors to the 'varieties of capitalism' debate in particular. If different economies are characterized by distinct institutional arrangements, successful firms would be those that exploit the related comparative advantages and specialize in the competitive strategies facilitated by national institutions. One Political Economy, One Competitive Strategy? begins with an assessment of how many pharmaceutical firms in Germany, Italy, and the UK pursue strategies facilitated by national institutions governing the financial markets, antitrust activities, and the labour market. Quantitative analyses reveal that deviant firms, competing through institutionally unsupported strategies, outnumber conforming firms by far. Not only does this finding run counter to the expectations of the competitiveness literature, it brings up a whole new line of inquiry. How can firms compete through strategies that are not supported by national institutions? The book addresses this question and illustrates that firms do not necessarily exploit comparative institutional advantages, but that they can also circumvent institutional constraints. International markets and individual collaboration on a contractual basis allow firms to compete despite comparative institutional disadvantages. These findings suggest that trade liberalization does not lead to strategy specialization but to strategy diversification, depending on the inventiveness of entrepreneurs to develop individual approaches to compete.
Categories: Business & Economics

Handbook of Research on Competitive Strategy

Handbook of Research on Competitive Strategy

Third, I shall speculate on the emergence, persistence and shortcomings of a so-
called 'competitive strategy mindset' and finally outline the structure of the
handbook. As the reader may expect, any handbook is an opportunity to
encapsulate ...

Author: Giovanni Battista Dagnino

Publisher: Edward Elgar Publishing

ISBN: 9780857938688

Category: Business & Economics

Page: 616

View: 123

The Handbook of Research on Competitive Strategy presents a comprehensive state-of-the-art picture of current strategic management issues and demarcates the major investigation strands that are likely to shape the field into the future. The Handbook is the outcome of a far-reaching endeavour including new contributions from highly-reputed experts around the world, outlining the conceptual and empirical advancements and assessing the promises and practical relevance of the competitive strategy field. Looking at key areas such as alliances and innovation, ownership and networks, coopetition and entrepreneurship, multinational and trust management, and firm's financial structures and business models, the book sets a research agenda for the future of competitive strategy research. Gathering various solid branches of investigation that revolve around specific theories and applications (such as the socio-cognitive perspective, the strategy-as-practice view, and the most recent developments in competitive dynamics and the resource-based perspective of the firm), this inspiring and thought-provoking Handbook will provide executives, entrepreneurs, students and scholars in management with many insights into the nature and process of competitive strategy emergence, configuration and development.
Categories: Business & Economics

Competitive Strategy

Competitive Strategy

To devise a successful strategy it is necessary to look at remaining pockets of
demand—cigars, for instance, are in decline, but the ... Michael E. Porter,
Competitive Strategy: Techniques for Analyzing Industries and Competitors, 2nd
ed.

Author: Pádraig Belton

Publisher: CRC Press

ISBN: 9781351352123

Category: Business & Economics

Page: 120

View: 398

Michael E. Porter’s 1980 book Competitive Strategy is a fine example of critical thinking skills in action. Porter used his strong evaluative skills to overturn much of the accepted wisdom in the world of business. By exploring the strengths and weaknesses of the accepted argument that the best policy for firms to become more successful was to focus on expanding their market share, he was able to establish that the credibility of the argument was flawed. Porter did not believe such growth was the only way for a company to be successful, and provided compelling arguments as to why this was not the case. His book shows how industries can be fragmented, with different firms serving different parts of the market (the low-price mass market, and the expensive high-end market in clothing, for example) and examines strategies that businesses can follow in emerging, mature, and declining markets. If printing is in decline, for example, there may still be a market in this industry for high-end goods and services such as luxury craft bookbinding. Porter also made excellent use of the critical thinking skill of analysis in writing Competitive Strategy. His advice that executives should analyze the five forces that mold the environment in which they compete – new entrants, substitute products, buyers, suppliers, and industry rivals – focused heavily on defining the relationships between these disparate factors and urged readers to check the assumptions of their arguments. Porter avoided technical jargon and wrote in a straightforward way to help readers see that his evaluation of the problem was strong. Competitive Strategy went on to be a highly influential work in the world of business strategy.
Categories: Business & Economics

Emerging Business Opportunities in Africa Market Entry Competitive Strategy and the Promotion of Foreign Direct Investments

Emerging Business Opportunities in Africa  Market Entry  Competitive Strategy  and the Promotion of Foreign Direct Investments

In explaining what they call a structurist view of competitive strategy formulation
as opposed to what they refer to as the reconstuctionist approach, Kim et al, (
2009), assert that executives often develop a corporate and competitive
strategies by ...

Author: Gekonge, Christopher O.

Publisher: IGI Global

ISBN: 9781466645714

Category: Business & Economics

Page: 391

View: 245

Despite its often mismanaged economy, Africa remains the third largest continent in land mass and population. It continues to offer unexploited business opportunities for entrepreneurs, global corporations, and institutions. Emerging Business Opportunities in Africa: Market Entry, Competitive Strategy, and the Promotion of Foreign Direct Investments presents the basic business modeling for developing appropriate strategies in exploiting these business opportunities in the emerging economy in Africa. This book offers insight into the challenges and successes aiming to encourage researchers and students of business in creating a value for doing business in Africa.
Categories: Business & Economics

Strategy specific Decision Making A Guide for Executing Competitive Strategy

Strategy specific Decision Making  A Guide for Executing Competitive Strategy

For the organization, success is a result of the careful design and execution" of
their competitive strategy. Getting Started The management literature is filled with
excellent theoretical and practical books about the design of a firm's strategy, ...

Author: William G. Forgang

Publisher: Routledge

ISBN: 9781317459231

Category: Business & Economics

Page: 200

View: 722

Providing a novel approach to business policy and strategic management, this book focuses on the implementation of a firm's competitive strategy throughout all levels of the organization.
Categories: Business & Economics

Competitive Strategy for Health Care Organizations

Competitive Strategy for Health Care Organizations

The Model of Competitive Strategy A fool must now and then be right, by chance.
William Cotvper CHAPTER 2 In this chapter, the model sketched in Chapter 1 is
filled out. The concepts of general and competitive strategy are discussed, and ...

Author: Alan Sheldon

Publisher: Beard Books

ISBN: 9781587981357

Category: Medical

Page: 192

View: 281

Originally published in 1984, this brief volume outlines the elements of competitive strategic action and presents a model of strategy development. Written for managers of health care organizations, it emphasizes principles of sound decision making and implementation. Chapters discuss the importance
Categories: Medical

Dynamics of Competitive Strategy

Dynamics of Competitive Strategy

This book focuses on the actions and reactions of companies as they interact with one another and strive for advantage.

Author: Ken G. Smith

Publisher: SAGE Publications, Incorporated

ISBN: UCAL:B4358012

Category: Business & Economics

Page: 211

View: 582

This book focuses on the actions and reactions of companies as they interact with one another and strive for advantage. Using actual data and case studies from the highly competitive airline, high technology, insurance and banking industries, the authors develop an original communication-information model which provides an effective method to explain, measure and even predict the ways in which firms compete in the marketplace. The theoretical contributions presented are backed up by a wealth of data, case studies, examples and illustrations.
Categories: Business & Economics

Competitive Strategy and Leadership

Competitive Strategy and Leadership

Each operation within the firm — however small it might seem — needs to be
evaluated in terms of the firm's competitive strategy. The design of any particular
activity should not be the result of benchmarking, the history of how things have ...

Author: William G. Forgang

Publisher: Rowman & Littlefield

ISBN: 0742512800

Category: Business & Economics

Page: 143

View: 885

The Comeptitive Strategy of a firm is the base of all decisions. It serves as a leadership guide for those who will govern their firm to greater prosperity. In this book, the inner workings of competitive strategy are explored. Using the Cycle of Success, a firm can develop management according to strategy. The convergence of competitive strategy, the expectations of targeted buyers, and the implementation of strategy allows for superior performance to become easily attainable.
Categories: Business & Economics

Competitive Strategy for Media Firms

Competitive Strategy for Media Firms

In pursuing competitive advantages, a media firm goes through the stages of
strategy analysis, formulation, and implementation (Dess, Lumpkin, & Taylor,
2004). These strategic actions involve different lev- els of complexity as well as ...

Author: Sylvia M. Chan-Olmsted

Publisher: Routledge

ISBN: 9781135617141

Category: Business & Economics

Page: 384

View: 130

Competitive Strategy for Media Firms introduces the concepts and analytical frameworks of strategic and brand management, and illustrates how they can be adapted according to the characteristics of distinct media products. Working from the premise that all media firms must strategize in response to the continuing evolution of new media, author Sylvia M. Chan-Olmsted offers applications of common business approaches to the products and components of the electronic media industry, and provides empirical examinations of broadcast, multichannel media, enhanced television, broadband communications, and global media conglomerate markets. This insightful and timely volume provides a thorough review of current concepts and industry practices, and serves as an essential primer for the application of business models in media contexts. As a realistic and integrated approach to media industry studies, this volume has much to offer researchers, scholars, and graduate students in media economics and management, and will be an important reference for industry practitioners.
Categories: Business & Economics

Outsmart the MBA Clones

Outsmart the MBA Clones

Using many examples from top businesses around the world, Dr. Herman offers a business oriented-point of view that is fresh and different, and even humorous at times.You'll learn:-- The secret of successful differentiation that is not ...

Author: Dan Herman

Publisher: Paramount Market Publishing

ISBN: 0978660285

Category: Business & Economics

Page: 262

View: 247

Why is so much of today's marketing, strategy, and branding alike?How can you break out of the crowd to achieve a sustainable advantage that your competitors will not be able to catch up to or imitate?Most marketers, brand managers, and competitive strategists are MBA graduates who think and operate in a typical manner--you might call them MBA Clones. This book will show you the tools and rules to outsmart your competitors' predicable MBA-Clone marketing bias and build strong brands that are irreplaceable in consumers' eyes. Using many examples from top businesses around the world, Dr. Herman offers a business oriented-point of view that is fresh and different, and even humorous at times.You'll learn:-- The secret of successful differentiation that is not imitated-- How to create marketing hits-- How to use electrifying marketing to build strong feel-appeal brands, and many other useful additions to your profit-generating arsenal of concepts and methods.Even though this book will turn your thinking inside out, its approach is entirely practical and is designed to deliver methods and approaches that are easily applicable and workable in all kinds of businesses.
Categories: Business & Economics

The New Competitive Strategy

The New Competitive Strategy

The Ultimate Business Strategy That Gets Superior Results and Builds Business
Empires William Nana Wiafe II. specific pension fund P. Should the borrower fail
to pay the debt that it owes to a pension fund P, speculator S1 collects a hundred
 ...

Author: William Nana Wiafe II

Publisher: Xlibris Corporation

ISBN: 1456867504

Category: Business & Economics

Page: 135

View: 311

About the Book The 2008 and 2009 economic recessions bankrupted businesses and even countries such as Iceland and Greece. Millions watched in hopeless despair as trillions belonging to businesses , taxpayers, investors and governments evaporated. Job loses, home foreclosures and homelessness were daily occurrences. The New Competitive Strategy provides practical ideas and tools for entrepreneurs, small businesses, medium size businesses, large businesses and governments to prevent the repeat of the 2008 and 2009 cataclysmic events.
Categories: Business & Economics