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Topic: Competitive strategy


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In the News (Thu 9 Jul 09)

  
  Three Forms of Strategy: Corporate, Competitive and Strategy in General
The objectives of this brief paper are to clarify the general concept of strategy and draw attention to the importance of distinguishing among three forms of strategy: (1) strategy or "strategy in general," (2) corporate strategy and (3) competitive strategy (Figure 1).
Competitive strategy hinges on a company’s capabilities, strengths, and weaknesses in relation to market characteristics and the corresponding capabilities, strengths, and weaknesses of its competitors.
Competitive strategy is concerned with competitors and the basis of competition.
home.att.net /~nickols/strategy_forms.htm   (1089 words)

  
 Michael Porter's Big Ideas
Strategy is about the basic value you're trying to deliver to customers, and about which customers you're trying to serve.
Strategy used to be thought of as some mystical vision that only the people at the top understood.
But that violated the most fundamental purpose of a strategy, which is to inform each of the many thousands of things that get done in an organization every day, and to make sure that those things are all aligned in the same basic direction.
www.fastcompany.com /online/44/porter.html   (2705 words)

  
 [No title]   (Site not responding. Last check: 2007-11-04)
Competitive strategy is the formal strategy that describes the methods to “destroy” the competition in a business environment.
Competitive Strategy is the competitive methods to use to meet the firm’s strategic marketing strategy by relating a firm to its environment.
Competitive strategy that is not in line with the environmental factors will inevitably fail to achieve successful results.
www.unf.edu /~aelansar/modules/CompetitiveStrategy1.doc   (1945 words)

  
 BUSINESS STRATEGY - Tactics to Beat Your Competition
Sustainable competitive advantage is the prolonged benefit of implementing some unique value-creating strategy based on unique combination of internal organizational resources and capabilities that cannot be replicated by competitors...
As strategy today is a subject of application, rather than a discipline, the obvious underpinning disciplines for strategy are economics and organizational sociology.
You must pursue the right competitive strategy – avoid strengths of your competitors and look for weak points in their positions and then launch marketing attacks against those weak points...
www.1000ventures.com /business_guide/business_strategy.html   (1024 words)

  
 COMPETITIVE STRATEGIES - Basic Requirements, Survival and Leadership Strategies
Competitive strategy means "deliberately choosing a different set of activities to deliver a unique mix of value."
If you are going to withstand relentless and constantly growing global competition, you need to be different and radically change the way of doing business.
Sustainable competitive advantage allows the maintenance and improvement of the enterprise's competitive position in the market.
1000ventures.com /business_guide/crosscuttings/competing_strategy.html   (730 words)

  
 KLM, Inc. Competitive Strategy
What strategic thinkers are after is a strategy that will remain in vogue for a substantial period of time, and that will change and evolve to remain sustainable in the future.
Every successful competitive advantage is predicated on some particular set of conditions that exist for a period of time and for a set of reasons.
“Sustainable” competitive advantage is only achievable for those who understand that the development of strategy is an unending process, and who recognize the need to have identified their next competitive advantage while the present advantage is still competitive.
www.klminc.com /strategic_thinking/comp_strategy.html   (500 words)

  
 Analyzing Competitive Strategy
Competitive strategy analysis lies at the heart of security analysis.
And since a company's competitive advantage hinges squarely on the quality and execution of its strategies, competitive strategy analysis is vital to planning and decision-making.
Investors use competitive strategy analysis as a means to foresee expectations revisions.
www.expectationsinvesting.com /chapter4.shtml   (378 words)

  
 What is competitive intelligence? How does competitive intelligence fit into the strategic planning process? What is ...
Competitive advantage has a lot to do with leveraging the knowledge assets of the firm, while at the same time determining how competitors are likely to leverage theirs.
Competitive intelligence should have a single-minded objective -- to develop the strategies and tactics necessary to transfer market share profitably and consistently from specific competitors to the company.
And, competitive strategy is concerned with how to create competitive advantage in each of the businesses in which a company competes based upon core competencies.
www.aurorawdc.com /whatisci.htm   (1826 words)

  
 strategy - competitive advantage
Following on from his work analysing the competitive forces in an industry, Michael Porter suggested four "generic" business strategies that could be adopted in order to gain competitive advantage.
The four strategies relate to the extent to which the scope of a businesses' activities are narrow versus broad and the extent to which a business seeks to differentiate its products.
With this strategy, the objective is to become the lowest-cost producer in the industry.
www.tutor2u.net /business/strategy/competitive_advantage.htm   (853 words)

  
 Strategy
A mission and competitive strategy is formulated that matches opportunities with strengths and plans are made to strengthen areas of weakness.
Some risks (potential threats) of pursuing this strategy are that competitors may imitate the strategy, thus driving overall industry profits down, technological breakthrough in the industry by other firms (generally firms pursuing this strategy have low R and D budgets), or buyer interest may swing to other differentiating feature besides price.
Focus strategies are the most effective when consumers have distinctive preferences or requirements and when rival firs are not attempting to specialize in the same target segment.
www.uri.edu /research/lrc/scholl/Notes/Strategy.htm   (1504 words)

  
 COMPETITIVE STRATEGIES - Basic Requirements, Survival and Leadership Strategies
Competitive strategy means "deliberately choosing a different set of activities to deliver a unique mix of value."
Sustainable competitive advantage allows the maintenance and improvement of your enterprise's competitive position in the market.
They show that Welch's competitive strategy is founded on a refusal to let his company to join the undifferentiated procession of competitors offering similar products, winning some contracts and losing others.
www.1000ventures.com /business_guide/crosscuttings/competing_strategy.html   (957 words)

  
 COMPETITIVE STRATEGY DEVELOPMENT
Competitive Expansion is a competency that relates weakly to moderately to the customer value factors, so success is this area is not necessarily something the customer feels as it relates to his in-store experience.
It is evident that the competition has realized that this core competency is something that they can quickly emulate in order to steal market share from The Home Depot, by hiring key people, providing extensive product knowledge and customer service training, and providing better in-store signage.
The competitive advantage in expanding the number of store locations is not sustainable as these physical assets have a specific rate of depreciation and would thereby have a limited life span.
cck.net /karlr/HD/9.0.htm   (3210 words)

  
 Porter's Five Forces
The model of pure competition implies that risk-adjusted rates of return should be constant across firms and industries.
Ideas and knowledge that provide competitive advantages are treated as private property when patented, preventing others from using the knowledge and thus creating a barrier to entry.
Michael Porter identified three generic strategies (cost leadership, differentiation, and focus) that can be implemented at the business unit level to create a competitive advantage.
www.quickmba.com /strategy/porter.shtml   (3195 words)

  
 Competitive Strategy   (Site not responding. Last check: 2007-11-04)
Price-Induced Patterns of Competition, Robert C. Blattberg, Kenneth J. Wisniewski, 8, 4.
Competitive Positioning in Markets with Nonuniform Preferences, Asim Ansari, Nicholas Economides, and Avijit Ghosh, 13, 3.
Competition in Durable Goods Markets: The Strategic Consequences of Leasing and Selling, Preyas S. Desai, Devavrat Purohit, 18, 1.
bear.cba.ufl.edu /centers/mks/abstracts/keywords/competitivestrat.html   (850 words)

  
 Harvard Business School - Institute for Strategy and Competitiveness
Competitive strategy refers to how a company competes in a particular business (note: overall strategy for diversified firms is referred to as corporate strategy).
Competitive strategy is concerned with how a company can gain a competitive advantage through a distinctive way of competing.
In contrast, the essence of strategy is choosing a unique and valuable position rooted in systems of activities that are much more difficult to match.
www.isc.hbs.edu /firm-competitve.htm   (618 words)

  
 How to Gather Competitive Research on BNET
Competitive intelligence is a field of strategic research that specializes in the collection and analysis of information about rival firms.
Competitive research demands resourcefulness and creativity, but as you proceed, be mindful of the ethics and legalities of your sleuthing work.
Competitive researchers seldom have 20-20 vision into the activities of their rivals, but that's no barrier to being able to figure out what's really going on.
www.bnet.com /2403-13241_23-60253.html   (3337 words)

  
 STUDENTS: Course Information
This course examines the strategies of major companies in network industries set within the framework of a public policy transition from regulation to competition.
It considers the effects on competitive strategy of barriers to entry, universal service requirements, price regulation, state versus federal regulation, the relation of antitrust to regulation, mandated access, and pricing of interconnection.
Both theory and cases are emphasized, with the cases involving student oral critiques of strategies of companies currently seeking to deal with this complex set of conditions and to emerge as the competitive leader.
www.som.yale.edu /students/courses/elective/Strategy-Electives-2000-01.asp   (1309 words)

  
 :.: Zanthus › Business Strategy
According to Porter, developing a winning competitive strategy requires a sophisticated understanding of the rules of competition that determine an industry’s attractiveness.
The rules of competition are embodied in five competitive forces: the entry of new competitors, the threat of substitutes, the bargaining power of buyers, the bargaining power of suppliers, and the rivalry among the existing competitors (see Figure 1).
The Strategy Canvas is comprised of two factors: the factors of competition for the industry (the horizontal access) and the degree to which industry players and providers of substitute products or services invest in the competitive factors.
www.zanthus.com /databank/strategy/business_strategy.asp   (3638 words)

  
 eBook - Competitive Strategy Dynamics - Kim Warren
Common approaches to Strategy are often derived from statistical methods, and are inadequate for responding to this need for time-based understanding.
Competitive Strategy Dynamics has been written for MBA and Executive Education courses in strategic management, business policy and international management, but the concepts are relevant, too, in other subjects, such as marketing, organizational behaviour and new venture development.
It is also an important tool for strategy consultants and practising managers, whether in large or small firms, manufacturing or service sectors, public service or not-for-profit organizations.
www.strategydynamics.com /products/ebook.asp   (481 words)

  
 Strategic Intelligence: Business Intelligence in Competitive Strategy
Corporate strategy decisions include mergers and acquisitions, new ventures, allocation of corporate resources, etc. Business strategy is concerned with how the firm competes within a particular industry.
In other words, it is what defines the competitive advantage a firm must attain in order to win or to survive in an industry.
With the introduction of industry averages in the scope of analysis, organizations get a better picture of where they are in terms of strategy and how effective their execution is with respect to their corporate and competitive strategies.
www.dmreview.com /article_sub.cfm?articleId=5601   (1175 words)

  
 Chapter 6: A Competitive Analysis And Strategy
Firstly it must be competitive with other agricultural systems or any other system for that matter (say wildlife management) in attracting resources, and secondly it must be absolutely competitive against similar commodity systems or industries in other countries.
In identifying the competitor's strategy to date, it is not enough to believe what they say but to reconstruct their strategy.
The "copy adapt" strategy is a relatively well tried strategy in which an organisation may seek to copy a successful product/market strategy pioneered by another organisation and adapt it to local conditions or other markets.
www.fao.org /docrep/W5973E/w5973e0a.htm   (3486 words)

  
 Amazon.co.uk: Competitive Strategy: Techniques for Analyzing Industries and Competitors: Books: Michael E. Porter   (Site not responding. Last check: 2007-11-04)
This text unravels the rules that govern competition in business and turns them into powerful analytical tools to help management interpret market signals, forecast the direction of industry development, and position a company to compete more successfully.
This is emphatically not a work of strategy and and not a book about strategic analysis.
In Part II, Porter discusses competitive strategy within various generic industry environments, such as fragmented industries (with no real market leader), emerging industries (e-commerce and Internet are excellent examples, although not mentioned in this book as it was written in 1980), mature industries, declining industries, and global industries.
www.amazon.co.uk /Competitive-Strategy-Techniques-Industries-Competitors/dp/0684841487   (1543 words)

  
 Successful competitive strategy and plans
Your competitors may or may not have a rock solid strategy to grow their business.
You can choose to ignore your competitors' strategies and plans, to compete head-on against then, or to maneuver around them – but the most important advantage you give your business is the ability to make informed competitive choices when developing your own strategies and plans.
Predicting the what, when, and how of your competitors' strategies, business plans and marketing plans could make it possible for you to proactively outmaneuver your competitors, gain efficiencies in how you deploy your resources, and lead to higher quality results with less time and money expended.
www.bishopmarketresources.com /strategy-planning-solutions.html   (145 words)

  
 Competitive Marketing Strategy - Wharton Executive Education
Learning about competitive pricing, the impact of technology, and making decisions in uncertain markets will give you to the tools to be able to define the sources of competitive advantage.
His current areas of research are marketing, organic growth strategies, strategic planning, organizational change, and competitive strategies in global markets.
Case studies and competitive simulations that compress years of competition into a few short days help you gain a hands-on understanding of competitive interactions in your industry.
executiveeducation.wharton.upenn.edu /course.cfm?Program=CMS   (1515 words)

  
 WebWire® | Frost & Sullivan Commends Schneider Electric’s Outstanding Competitive Strategy Leadership   (Site not responding. Last check: 2007-11-04)
The 2006 Frost & Sullivan Award for Competitive Strategy Leadership is presented to French power and control giant, Schneider Electric.
A strategy based on selective acquisitions has enabled Schneider Electric to strengthen its core electrical distribution and industrial automation-related businesses, while broadening its product line and sales presence in many targeted regions including the emerging markets of Asia Pacific and Eastern Europe.
Frost & Sullivan’s Competitive Strategy Leadership Award is presented to the company whose unique competitive strategies have yielded significant gains in market share.
www.webwire.com /ViewPressRel.asp?aId=16388   (596 words)

  
 Strategy Formulation and Implementation   (Site not responding. Last check: 2007-11-04)
The work may encompass formulating vision/mission statements, building a framework to evaluate possible strategies, aligning organization to the strategy (organization design, reward system) and establishing implementation priorities.
Competitive strategy is needed to convert a market opportunity into a successful performance.
Finally, efficient operations need to be coupled with the strategy, so that day-to-day activities support the organization's goals.
www.ampolbiz.com /consulting/services/srv-sfi.htm   (145 words)

  
 AU Solar Decathlon - Competitive Strategy
Our team has weighed the point significance of each competitive task and summarized this information in a spreadsheet for use during the competition.
Should energy become limiting, this spreadsheet will identify energy consuming equipment that can easily be removed from or added to the competition hourly schedule.
Within the unpredictable environment of the competition, a good competition strategy may be as or more important than the characteristics of the house.
www.eng.auburn.edu /organizations/solar_decathlon/strategy.html   (125 words)

  
 INSEAD - Executive Education - Competitive Strategy
The pressure for short-term financial results does not absolve managers from the responsibility for the long-term success of their business.
This intensive programme is designed to quickly and effectively sharpen participants competitive strategy skills.
It will provide practical answers to questions such as: Which industries and markets should be entered, which products developed and how value can be created.
executive.education.insead.edu /competitive_strategy   (142 words)

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