Understanding Michael Porter: The Essential Guide to Competition and Strategy
Joan Magrettaamazon.com
Understanding Michael Porter: The Essential Guide to Competition and Strategy
Strategy strategy value Strategy Dynamics Strategy Statics industry business market Description Strategy (with a Capital S) is the intellectual discipline sometimes called Strategic Management. I define it: the study of the fundamental determinants of potential business value.
The set of conditions needed for persistent differential returns. Power r
... See morea firm creates a sustainable competitive advantage over its rivals by “deliberately choosing a different set of activities to deliver unique value.
The most subtle aspect of “thinking strategically” lies in “knowing what needs to happen.”
Rather, the term “strategy” should mean a cohesive response to an important challenge.