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Most companies owe their initial success to a unique strategic position involving clear trade-offs. Activities once were aligned ...
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. ...
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 ...
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 ...