Competitive Strategy: Techniques for Analyzing Industries and Competitors
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment.
More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing.
Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.
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Review: Competitive Strategy: Techniques for Analyzing Industries and CompetitorsUser Review - Jordan Lewis - Goodreads
A perfect introduction to strategy. It's long, but exactly what a business school student needs to be able to talk and be heard. Read full review
Review: Competitive Strategy: Techniques for Analyzing Industries and CompetitorsUser Review - Alaeddin Hallak - Goodreads
The key message in this book: If you want to be the top dog in your industry, then you're going to have to put in the time analyzing and understanding your competitors. Everything they do and ... Read full review
General Analytical Techniques
Generic Competitive Strategies
A Framework for Competitor Analysis
Strategy Toward Buyers and Suppliers
Structural Analysis Within Industries
Generic Industry En vironments
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