Abstract
A competitive strategy augments a corporate organization with inherent capabilities to sustain superior performance on a long-term basis [84]. Many strategy concepts exist and will be described in this chapter, with a special focus placed on practical matters such as key challenges and “programs” that can be used as roadmaps for implementation. Popular strategies include the five forces, the value chain , the product life cycle , disruptive innovation and blue ocean, to name a few. The reader is invited to consider these models as a simple aid to thinking about reality, since none of these theoretical concepts or authors thereof ever claim to describe the reality for any one particular circumstance. They claim to facilitate discussion and creativity over a wide range of concrete business issues. Armed with such tools, the consultant may examine whether his/her client does indeed enjoy a competitive advantage, and develop a winning strategy.
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Notes
- 1.
Except in circumstances of nearly perfect correlation between different stock.
- 2.
SaaS = “Software-as-a-Service”.
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Curuksu, J.D. (2018). Principles of Strategy: Primer. In: Data Driven. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-70229-2_8
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