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Competitive advantage: creating and sustaining superior performance
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TLDR
Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as discussed by the authors, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.Abstract:
COMPETITIVE ADVANTAGE introduces a whole new way of understanding what a firm does. Porter's groundbreaking concept of the value chain disaggregates a company into 'activities', or the discrete functions or processes that represent the elemental building blocks of competitive advantage. Now an essential part of international business thinking, COMPETITIVE ADVANTAGE takes strategy from broad vision to an internally consistent configuration of activities. Its powerful framework provides the tools to understand the drivers of cost and a company's relative cost position. Porter's value chain enables managers to isolate the underlying sources of buyer value that will command a premium price, and the reasons why one product or service substitutes for another. He shows how competitive advantage lies not only in activities themselves but in the way activities relate to each other, to supplier activities, and to customer activities. That the phrases 'competitive advantage' and 'sustainable competitive advantage' have become commonplace is testimony to the power of Porter's ideas. COMPETITIVE ADVANTAGE has guided countless companies, business school students, and scholars in understanding the roots of competition. Porter's work captures the extraordinary complexity of competition in a way that makes strategy both concrete and actionable.read more
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A literature synthesis of innovation in small construction firms: insights, ambiguities and questions
Martin Sexton,Peter Barrett +1 more
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The influence of green product competitiveness on the success of green product innovation
TL;DR: In this paper, the influence of green product innovation and product process innovation on two constructs of green innovation casual chain: green product competitive advantage and green new product success was investigated, and it was found that green product and process innovations are positively associated with green product competitiveness and green New Product success.
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Patrick T. Gibbons,Tony O'Connor +1 more
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Relationship Marketing from a Value System Perspective
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Information systems strategy as practice
TL;DR: This Special Issue of The Journal of Strategic Information Systems explores information systems strategy and strategizing from a practice perspective and the emergence of a body of research that focuses on strategizing or the ‘doing of strategy’.
References
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Archetypes of Strategy Formulation
Danny Miller,Peter H. Friesen +1 more
TL;DR: In this paper, the authors tried to understand the strategy making process by examining the organizational and environmental context in which it occurs by looking for simultaneous associations among a fairly large number of variables It was hoped that these variables would configure into models or archetypes which describe a series of different, though very frequently occurring modes or organizational failure and success.