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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

Bill Gates saw where customer priorities were shifting in the computer industry time and time again—from languages to operating systems to applications to communications to the Internet.

three or four potential customers, who is the most important?

Managers should think of: (1) what their customers’ needs and priorities are; (2) what channels can satisfy those needs and priorities; (3) the service and products best suited to flow through those channels; (4) the inputs and raw materials required to create the products and services; and, (5) the assets and core competencies essential to the inp

Many other profit models can define how a firm makes money: relative market share, experience curve, transaction scale, local leadership, capacity utilization within a supply–demand cycle, structural control of key points in the value chain, and others. Learning the full