Strategy Rests on Unique Activities

(adsbygoogle = window.adsbygoogle || []).push({}); Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver ...

Operational Effectiveness Is Not Strategy

(adsbygoogle = window.adsbygoogle || []).push({}); For almost two decades, managers have been learning to play by a new set of rules. Companies must be flexible to respond ...

Finding New Positions: The Entrepreneurial Edge

Strategic competition can be thought of as the process of perceiving new positions that woo customers from established positions or draw new customers into the market. For example, ...

Emerging Industries and Technologies

Developing a strategy in a newly emerging industry or in a business undergoing revolutionary technological changes is a daunting proposition. In such cases, managers face a high level ...

Alternative Views of Strategy

The Implicit Strategy Model of the Past Decade **One ideal competitive position in the industry **Benchmarking of all activities and achieving best practice **Aggressive outsourcing ...

Reconnecting with Strategy

Most companies owe their initial success to a unique strategic position involving clear trade-offs. Activities once were aligned with that position. The passage of time and the pressures ...

What is Strategy?

Strategy as per Harvard Business Review: I. Operational Effectiveness Is Not Strategy II. Strategy Rests on Unique Activities III. A Sustainable Strategic Position Requires Trade-offs IV. ...

The Connection with Generic Strategies

In Competitive Strategy (The Free Press, 1985), I introduced the concept of generic strategies – cost leadership, differentiation, and focus – to represent the alternative strategic ...

A Sustainable Strategic Position Requires Trade-offs

Choosing a unique position, however, is not enough to guarantee a sustainable advantage. A valuable position will attract imitation by incumbents, who are likely to copy it in one of ...

Japanese Companies Rarely Have Strategies

The Japanese triggered a global revolution in operational effectiveness in the 1970s and 1980s, pioneering practices such as total quality management and continuous improvement. As ...
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