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| competitive strategy michael porter book summary: Competitive Strategy Michael E. Porter, 2008-06-30 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. |
| competitive strategy michael porter book summary: An Analysis of Michael E. Porter's Competitive Strategy Pádraig Belton, 2017-07-05 First published in 1980, Competitive Strategy contradicted the accepted wisdom of the time that said firms should focus on expanding their market share. Instead, Porter claimed, they should analyze the five forces that mold the environment in which they compete: new entrants, substitute products, buyers, suppliers, and industry rivals. |
| competitive strategy michael porter book summary: Summary of "Competitive Strategy: Techniques for Analyzing Industries and Competitors" by M.E. Porter Friederike Berg, 2020-01-07 Literature Review from the year 2018 in the subject Economics - International Economic Relations, grade: 4.0, Harris University (Harrisburg University of Science & Technology), language: English, abstract: The book Competitive strategy: techniques for analyzing industries and competitors: with a new introduction by Michael E. Porter (New York: Free Press, c1980. 396pp.) is the epitome of competitive strategies. The author explains the dynamism of competition within the industry. Furthermore, he developed analyzing tools step by step to examine a branch on the basis of practical examples. The author, Michael E. Porter, was born in 1947 and is a professor at the Harvard Business School where he has the Institute for Strategy and Competitiveness. |
| competitive strategy michael porter book summary: Understanding Michael Porter Joan Magretta, 2012 A guide to Michael Porters thinking on competition and strategy, classic and current. |
| competitive strategy michael porter book summary: An Analysis of Michael E. Porter's Competitive Strategy Pádraig Belton, 2017-07-05 First published in 1980, Competitive Strategy contradicted the accepted wisdom of the time that said firms should focus on expanding their market share. Instead, Porter claimed, they should analyze the five forces that mold the environment in which they compete: new entrants, substitute products, buyers, suppliers, and industry rivals. |
| competitive strategy michael porter book summary: Competition, Competitive Advantage, and Clusters Robert Huggins, Hiro Izushi, 2012-09-20 Harvard professor, Michael Porter has been one of the most influential figures in strategic management research over the last three decades. He infused a rigorous theoretical framework of industrial organization economics with the then still embryonic field of strategic management and elevated it to its current status as an academic discipline. Porter's outstanding career is also characterized by its cross-disciplinary nature. Following his most important work on strategic management, he then made a leap to the policy side and dealt with a completely different set of analytical units. More recently he has made a foray into inner city development, environmental regulations, and health care services. Throughout these explorations Porter has maintained his integrative approach, seeking a road that links management case studies and the general model building of mainstream economics. With expert contributors from a range of disciplines including strategic management, economic development, economic geography, and planning, this book assesses the contribution Michael Porter has made to these respective disciplines. It clarifies the sources of tension and controversy relating to all the major strands of Porter's work, and provides academics, students, and practitioners with a critical guide for the application of Porter's models. The book highlights that while many of the criticisms of Porter's ideas are valid, they are almost an inevitable outcome for a scholar who has sought to build bridges across wide disciplinary valleys. His work has provided others with a set of frameworks to explore in more depth the nature of competition, competitive advantage, and clusters from a range of vantage points. |
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| competitive strategy michael porter book summary: Wiley CIAexcel Exam Review 2018, Part 3 S. Rao Vallabhaneni, 2018-01-24 WILEY CIAexcel EXAM REVIEW 2018 THE SELF-STUDY SUPPORT YOU NEED TO PASS THE CIA EXAM Part 3: Internal Audit Knowledge Elements Provides comprehensive coverage based on the exam syllabus, along with multiple-choice practice questions with answers and explanations Deals with governance and business ethics, risk management, information technology, and the global business environment Features a glossary of CIA Exam terms—good source for candidates preparing for and answering the exam questions Assists the CIA Exam candidate in successfully preparing for the exam Based on the CIA body of knowledge developed by The Institute of Internal Auditors (IIA), Wiley CIAexcel Exam Review 2018 learning system provides a student-focused and learning-oriented experience for CIA candidates. Passing the CIA Exam on your first attempt is possible. We'd like to help. Feature section examines the topics of Governance and Business Ethics, Risk Management, Organizational Structure and Business Processes and Risks, Communications, Management and Leadership Principles, IT and Business Continuity, Financial Management, and Global Business Environment |
| competitive strategy michael porter book summary: Wiley CIA Exam Review 2013, Internal Audit Knowledge Elements S. Rao Vallabhaneni, 2013-02-12 The most comprehensive Certified Internal Auditor Exam preparation guide available One exam, three volumes of preparation. Here is the best source to help you prepare for the Certified Internal Auditor (CIA) exam covering the new syllabus, effective 2013. Wiley CIA Exam Review, Volume 3: Business Analysis and Information Technology addresses topics such as governance and business ethics; risk management; organizational structure, business processes, and risks; communication; management and leadership principles; information technology and business continuity; financial management; and global business environment. Includes fully developed theories and concepts, as opposed to superficial outlines found in other study guides Offers indicators that help candidates allot study time based on the weight given to each topic on the exam Indicates the level of difficulty expected for each topic on the exam as either Awareness or Proficiency so more time and effort can be assigned for the proficiency topics than for the awareness topics Presents highly comprehensive coverage of theory with glossary of technical terms Every volume in the Wiley CIA Exam Review series offers a successful learning system of visual aids and memorization techniques that enable certification candidates to form long-lasting impressions of covered material. |
| competitive strategy michael porter book summary: Competition, Competitive Advantage, and Clusters Robert Huggins, Hiro Izushi, 2012-09-20 Harvard professor, Michael Porter has been one of the most influential figures in strategic management research over the last three decades. He infused a rigorous theoretical framework of industrial organization economics with the then still embryonic field of strategic management and elevated it to its current status as an academic discipline. Porter's outstanding career is also characterized by its cross-disciplinary nature. Following his most important work on strategic management, he then made a leap to the policy side and dealt with a completely different set of analytical units. More recently he has made a foray into inner city development, environmental regulations, and health care services. Throughout these explorations Porter has maintained his integrative approach, seeking a road that links management case studies and the general model building of mainstream economics. With expert contributors from a range of disciplines including strategic management, economic development, economic geography, and planning, this book assesses the contribution Michael Porter has made to these respective disciplines. It clarifies the sources of tension and controversy relating to all the major strands of Porter's work, and provides academics, students, and practitioners with a critical guide for the application of Porter's models. The book highlights that while many of the criticisms of Porter's ideas are valid, they are almost an inevitable outcome for a scholar who has sought to build bridges across wide disciplinary valleys. His work has provided others with a set of frameworks to explore in more depth the nature of competition, competitive advantage, and clusters from a range of vantage points. |
| competitive strategy michael porter book summary: E-Book Business Driven Technology BALTZAN, 2017-01-16 E-Book Business Driven Technology |
| competitive strategy michael porter book summary: Strategic Thinking Cornelis A. De Kluyver, 2000 Strategic Thinking: An Executive Perspective provides an overview of the major issues in strategy development for corporate executive programs and for practice-oriented executive MBA programs. Any book on such a vast subject as strategy must make compromises and trade-offs. This book is no exception. The choices of what to include, where, and at what level of depth were guided by the book's primary objective as a companion volume to case analysis in an executive setting with a global outlook.--Jacket. |
| competitive strategy michael porter book summary: Business Strategy and Competitive Advantage Jovo Ateljević, Dženan Kulović, Filip Đoković, Mirza Bavčić, 2023-03-24 Michael Porter is recognized as one of the top authorities on corporate strategy and business competition. The historical review of strategic management clearly shows that Porter’s research has bridged up two general paradigms (before and after the 1980s) thus helping both researchers and practitioners to better understand unanticipated global changes. His two generic strategies: costs and diversification, the two interdependent strategic options, are key in the context of the competitiveness of orthodox microeconomic theory. This is where Porter went further, constructing a popular value chain concept that provides the ability to disaggregate the key activities of business process in creating products and services in terms of cost analysis and value creation. This book is a collection of seven interconnected chapters that provides a coherent understanding of Michael Porter’s contribution to the field of strategic management. It addresses key changes and challenges in the global business environment. The value chain concept has become highly applicable in both theory and practice. In the book, the authors offer an original interpretation of the Porters’ research on strategic management in order to unravel or simplify his key theoretical concepts. It will be of interest to researchers, academics, practitioners, and students in the fields of strategic management and international business. |
| competitive strategy michael porter book summary: EBOOK: Crafting and Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases Arthur Thompson, Alex Janes, Margaret Peteraf, Ciara Sutton, John Gamble, A. Strickland, 2013-02-16 Crafting and Executing Strategy has been revised and updated specifically with its European readers in mind. Building upon the success of previous editions, it continues to explain the core concepts and key theories in strategy and illustrate them with practical, managerial examples students can really relate to. Brand new features have been developed to encourage readers to go beyond learning and to apply their knowledge to from a diverse range of real-life scenarios including global brands, SMEs, public sector and not-for-profit organizations. |
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| competitive strategy michael porter book summary: Wiley CIAexcel Exam Review 2016 Focus Notes S. Rao Vallabhaneni, 2015-11-23 Critical review for the CIA exam Wiley CIAexcel Exam Review 2016 Focus Notes: Part 3, Internal Audit Knowledge Elements provides targeted review for the Certified Internal Auditor exam. With expert coverage of all five exam domains, this book helps you internalize the concepts and practices most central to the auditor's role. Practice questions allow you to assess your level of understanding, while test-taking tips and strategies help you approach the exam with confidence. CIA candidates seeking complete and thorough exam prep will find value in this concise, highly practical guide. |
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| competitive strategy michael porter book summary: Crafting and Executing Strategy Alex Janes, Ciara Sutton, 2017-02-16 This new edition of Craftingand Executing Strategy continues to provide a valuable resource forEuropean readers while embracing new and updated core concepts and key theoriesin strategy. Throughout the text you will find a range of examples thatillustrate how strategy works in the real world and encourage the practicalapplication of learning. Complementing the chapters is a section of new casesproviding in-depth analysis of the challenges of strategic management at arange of companies. This edition includes: • A new 6Ds framework, allowing readers to structure theirapproach to strategic management around the fundamental elements of thestrategy process (Diagnosis, Direction, Decisions and Delivery) and the contextwithin which that process is managed (Dynamism and Disorder). • Opening cases that begin each chapter and feature real-lifebusiness scenarios from companies such as Tinder, Ikea and Victorinox,introducing strategic concepts and theories. • Illustration Capsules, which have been updated to illustratecontemporary business concerns and demonstrate how companies have reactedstrategically, increasing understanding of successful strategies. Companiesfeatured include Burberry, TOMS, Aldi, Novo Nordisk and more. • Key Debates that stimulate classroom discussion and encouragecritical analysis. • Emerging Themes that present contemporary strategicopportunities and issues such as ripple intelligence and technology and neworganizational structures. • A Different View encouraging readers to appreciate differingviewpoints on strategic concepts and theories. • End of chapter cases that capture each chapter’s main theoriesthrough engaging cases on companies such as Adidas and Nike, Lego and Uber. • New recommended reading at the end of each chapter which help tofurther knowledge, including classic texts and advanced reading, and authornotes providing context Connect is McGraw-Hill Education’s learning and teachingenvironment that improves student performance and outcomes while promotingengagement and comprehension of content. New for this edition are interview-style videos, featuring authorAlex Janes in discussion with business leaders, exploring how organizationalstrategy has developed within companies as diverse as Jeep, Levi Strauss, NovoNordisk and a prestigious oil and gas company. The videos are provided infull-length or in segments, with questions aimed at encouraging classroomdiscussion or self-testing. This new edition is available with SmartBook, McGraw-HillEducation’s adaptive, digital tool that tests students’ knowledge of key conceptsand pinpoints the topics on which they need to focus study time. Crafting and Executing Strategy is also available with both TheBusiness Strategy Game and GLO-BUS – the world’sleading business strategy simulations. |
| competitive strategy michael porter book summary: EBOOK: Crafting and Executing Strategy: South African Edition Johan Hough, A. Strickland, 2010-12-16 Based on the reputable US text the 2nd Southern African Edition of Crafting & Executing Strategy covers what every senior-level or entry-level MBA student in Southern Africa needs to know about crafting, executing and aligning business strategies, through presentation of core concepts and analytical techniques. A separate case and readings sections build on the main text by demonstrating the theory in practice. The core concepts are explained in language that Southern African students can grasp and provide relevant examples as used by small, medium and large SA companies. |
| competitive strategy michael porter book summary: Wiley CMAexcel Learning System Exam Review 2017 IMA, 2016-12-02 Covers all 2017 exam changes Text matches Wiley CMAexcel Review Course content structure LOS index in Review Course for easier cross-references to full explanations in text Includes access to the Online Test Bank, which contains 1,000 multiple-choice questions and 5 sample essays Multiple-choice question feedback helps CMA candidates focus on areas where they need the most work Prepare for the actual CMA exam with Section Practice Tests and a cumulative Part 1 exam Assess your progress with knowledge check questions/answers and sample essay questions Helps candidates prepare a solid study plan with exam tips Feature section examines the topics of External Financial Reporting Decisions; Planning, Budgeting, and Forecasting; Performance Management; Cost Management; and Internal Controls Based on the CMA body of knowledge developed by the Institute of Certified Management Accountants (ICMA®), Wiley CMAexcel Learning System Exam Review 2017 features content derived from the exam Learning Outcome Statements (LOS). |
| competitive strategy michael porter book summary: Wiley CIA Exam Review 2023 Focus Notes, Part 3 S. Rao Vallabhaneni, 2022-11-15 Convenient, portable study tools for the 2023 Part 3 CIA exam Wiley CIA Exam Review 2023 Focus Notes, Part 3: Business Knowledge for Internal Auditing offer practical and hands-on flashcard-style notes on the third part of the challenging Certified Internal Auditor (CIA) exam. Perfect for targeted review sessions focused on essential, core concepts covered on Business Knowledge for Internal Auditing, the 2023 Focus Notes include: Business Acumen Information Security Information Technology Financial Management Created for motivated CIA candidates sitting for Part 3 in 2023, Wiley CIA Exam Review 2023 Focus Notes, Part 3: Business Knowledge for Internal Auditing are the proven solution for testing your knowledge in quick study sessions leading up to exam day. |
| competitive strategy michael porter book summary: Harvard Business Review Leadership & Strategy Boxed Set (5 Books) Harvard Business Review, John P. Kotter, Clayton M. Christensen, Renée A. Mauborgne, W. Chan Kim, 2016-05-17 The key concepts every manager and aspiring leader must know—from strategy and disruptive innovation to financial intelligence and change management—from bestselling Harvard Business Review authors. Build your professional library, and advance your career with these five timeless, ground-breaking business classics. Includes Financial Intelligence, Revised Edition; The Innovator’s Dilemma; Leading Change; Playing to Win; and Blue Ocean Strategy, Expanded Edition. |
| competitive strategy michael porter book summary: Innovation and Entrepreneurship Charles H. Matthews, Ralph Brueggemann, 2015-03-12 This book presents a new model, the competency framework, for students, innovators, entrepreneurs, managers, and anyone who wants to better understand the dynamic world of innovation and entrepreneurship. Focused on both the individual and strategic organizational level, this book is about people and the competencies each person needs to learn to be successful in creating a more dynamic future. Matthews and Brueggemann’s framework for innovation and entrepreneurship competencies empowers individuals to excel at innovation and new venture creation. It provides a practical guide and clear and concise understanding of the knowledge, skills, attitudes, and experiences that are needed to increase imagination, creativity, innovation and new venture creation capability. Innovation and Entrepreneurship will be attractive for students of entrepreneurship, innovation, management and cross-disciplinary classes, such as design thinking. Presented in a modular format, Innovation & Entrepreneurship informs the future direction of people and technology, as well as the educational systems producing the next generation of innovators and entrepreneurs. Based on extensive academic research, this book is organized into two sections: Twelve innovation elements and twelve competency categories. The elements are the foundation and the competency categories are the building blocks that inform our path toward a more precise understanding of how innovation and entrepreneurship plays an important role in economic development and our daily lives. |
| competitive strategy michael porter book summary: Wiley CMAexcel Learning System Exam Review 2015 IMA, 2014-08-20 Wiley CMAexcel LEARNING SYSTEM EXAM REVIEW 2015 PART 1: Financial Reporting, Planning, Performance, andControlCovers all 2015 exam changesIncludes access to the Online Test Bank, which contains over900 multiple-choice questionsMultiple-choice question feedback helps CMA candidates focus onareas where they need the most workPrepare for the actual CMA exam with Section Practice Tests anda cumulative Part 1 examAssess your progress with knowledge check questions/answers andsample essay questionsLooks at basic budgeting concepts and forecastingtechniquesDeals with the methods of comparing actual financialperformance to the budgetHelps candidates prepare a solid study plan with exam tips Feature section examines the topics of External FinancialReporting Decisions; Planning, Budgeting, and Forecasting;Performance Management; Cost Management; and Internal Controls Based on the CMA body of knowledge developed by the Institute ofCertified Management Accountants (ICMA(R)), WileyCMAexcel Learning System Exam Review 2015 features contentderived from the exam Learning Outcome Statements (LOS). Passingthe CMA exam on your first attempt is possible. We'd like tohelp. |
| competitive strategy michael porter book summary: Wiley CMAexcel Learning System Exam Review 2016 IMA, 2015-06-29 Wiley CMAexcel LEARNING SYSTEM EXAM REVIEW 2016 PART 1: Financial Reporting, Planning, Performance, and Control Covers all 2016 exam changes Includes access to the Online Test Bank, which contains over 900 multiple-choice questions Multiple-choice question feedback helps CMA candidates focus on areas where they need the most work Prepare for the actual CMA exam with Section Practice Tests and a cumulative Part 1 exam Assess your progress with knowledge check questions/answers and sample essay questions Looks at basic budgeting concepts and forecasting techniques Deals with the methods of comparing actual financial performance to the budget Helps candidates prepare a solid study plan with exam tips Feature section examines the topics of External Financial Reporting Decisions; Planning, Budgeting, and Forecasting; Performance Management; Cost Management; and Internal Controls Based on the CMA body of knowledge developed by the Institute of Certified Management Accountants (ICMA®), Wiley CMAexcel Learning System Exam Review 2016 features content derived from the exam Learning Outcome Statements (LOS). Passing the CMA exam on your first attempt is possible. We’d like to help. |
| competitive strategy michael porter book summary: The Competitive Advantage of Knowledge-Based Resources in the Semiconductor Industry Russell W. Wright, 2021-12-12 First Published in 1997. Knowledge and knowledge-based resources occupy critical positions in a company’s value chain. The theme of the book is that organizational distinctive competences are asymmetrical accumulations of knowledge-based resources relative to a firm's competitors. These accumulations of knowledge and capabilities enable and constrain a firm's ability to develop competences in specific areas such as new product development. Knowledge and capabilities are sources of competitive advantage to the extent that they are non-transferable and non-imitable The imitability of knowledge-based resources is a function of two conceptually distinct attributes: tacitness and tangibility. This book looks at how the evolution of industry knowledge influences new product strategies in successive product generations of the semiconductor industry. This book also makes some basic distinctions among the types of organizational resources that tend to generate unusual economic returns. |
| competitive strategy michael porter book summary: Review of Marketing Research Naresh K. Malhotra, 2017-10-19 This book provides current, comprehensive, state-of-the-art articles in review of marketing research. It contains a diverse set of review articles covering areas such as emotions, beauty, business and marketing strategy, organizational performance, reference scales, and correspondence analysis. |
| competitive strategy michael porter book summary: Management, 7th Asia-Pacific Edition John R. Schermerhorn, Jr., Paul Davidson, Peter Woods, Aharon Factor, Alan Simon, Ellen McBarron, Fatima Junaid, 2020-01-21 Eldenburg's Management is an introductory text that focuses on presenting content in an easy to understand way that encourages students to think critically and draw connections between theory and practice. This new seventh edition has a strengthened focus on technology and features have been updated to help students further consolidate their knowledge. This includes various forms of revision materials such as auto-graded knowledge-check questions and self-skill assessment. There is also a broad variety of concise case studies, including new ones with a strategic focus, which enable instructors to have thought-provoking and engaging tutorials. An exciting addition to the interactive e-text are the new ANZ videos that feature a diverse group of management thought-leaders who give insights and ‘tales from the front.’ This will provide supplementary content for lectures or serve as pre-work for a flipped classroom. |
| competitive strategy michael porter book summary: Summary of "Competitive Strategy: Techniques for Analyzing Industries and Competitors" by M.E. Porter Friederike Berg, 2020-01-07 Literature Review from the year 2018 in the subject Economics - International Economic Relations, grade: 4.0, Harris University (Harrisburg University of Science & Technology), language: English, abstract: The book Competitive strategy: techniques for analyzing industries and competitors: with a new introduction by Michael E. Porter (New York: Free Press, c1980. 396pp.) is the epitome of competitive strategies. The author explains the dynamism of competition within the industry. Furthermore, he developed analyzing tools step by step to examine a branch on the basis of practical examples. The author, Michael E. Porter, was born in 1947 and is a professor at the Harvard Business School where he has the Institute for Strategy and Competitiveness. |
| competitive strategy michael porter book summary: Sustainability Strategies R. Orsato, 2016-01-13 By analysing the rationales for sustainability strategies, this book addresses a timely question for managers, academics and MBAs: 'when does it pay to be green?' Based on solid theoretical foundations and empirical research, it clarifies the elements involved in the formation and evaluation of sustainability strategies in firms. |
| competitive strategy michael porter book summary: Rethinking Talent Decisions Sharna Wiblen, 2024-03-18 Finalist in the Leadership - HR and Employee Development category of the Goody Business Book Awards 2024 Talent management is a linchpin of organisational triumph in our dynamic and swiftly evolving business world. As a key decision-maker, your capacity to craft astute talent decisions holds the potential to transcend your company from mere mediocrity to unparalleled excellence. However, brace yourself for a revelation: Many of your long-held convictions about talent may be profoundly flawed. What if we shared a secret that could revolutionise your perspective? What if the gateway to unleashing your team’s boundless talents resides within your thoughts and judgments? Imagine the possibilities if you could harness exponential outcomes by elevating the calibre of your decision-making. In ReThinking Talent Decisions, Sharna Wiblen, PhD, presents an uncomfortable truth: Talent decisions are always subjective. Drawing on examples from business, sports, movies and everyday interactions, Sharna emphasises the importance of understanding complexity and encourages deliberate, intentional, and informed decisions and conversations around talent. This indispensable guide will give you insight into: The Power of Personal Judgment: Learn how your own perspectives shape the today and the future of work. The Complexity of Talent Decisions: Recognise the critical need for key decision-makers to collectively define talent in your unique context. The Human Element: Understand how harnessing your mind can propel you, your team, and your organisation to new heights. Perceptions and Values: Learn how aligning perceptions and values can revolutionise your approach. A New Paradigm: Realise that talent management is a judgment-oriented endeavour. Navigating the Intersection of Talent and Technology: Delve into the world of technology systems and understand how they bolster and shape talent decisions in today’s digital age. ReThinking Talent Decisions is your secret weapon for achieving unparalleled success in the ever-competitive corporate arena. Whether you’re a seasoned executive or a rising star, the wisdom within these pages will empower you to master the art and science of talent decisions. |
| competitive strategy michael porter book summary: Management, International Adaptation John R. Schermerhorn, Daniel G. Bachrach, 2024 Management, 15th edition, continues to offer the same balanced theoretical approach as with previous editions. Students need an active and engaged learning classroom environment that brings personal meaning to course content and the instructor's course objectives. The book communicates with students through rich, timely features, and cases that bring management topics, theories, and concepts to life. The underlying goal is to translate foundation theories into lasting tools for students as they move beyond the classroom where their skills will be put to the test. This international edition has been revised and updated with a focus on timely content, student engagement through real-world challenges, and personal career issues. Centralizing new topics such as diversity, equity, inclusion, and social impact, this edition introduces new feature of Issues to attract learners' attention to timely social and organizational issues as well as new cases and more opportunities for self-assessment. |
| competitive strategy michael porter book summary: Learn & Adapt Mary Drotar, Kathy Morrissey, 2022-07-28 Launch promotion: 25% off through 10/3/2022. In this user guide, we present Exploratory Product Development (ExPD), a strategy-to-launch product development approach that is adaptable and can respond nimbly to environments that are increasingly complex and uncertain. Using the ExPD approach, you can discover how to accelerate your product development process by removing bureaucracy and rework, learning through experimentation, and shifting your focus to the most critical product priorities. We examine the constraints imposed by a traditional phased-and-gated product development process and demonstrate the transformational role of the ExPD approach in adapting to individual product needs. This user guide is for product developers in established enterprises looking to install a new or improved product development process. Product developers in start-ups will also benefit from many of the ideas, tools, and techniques covered in this guide. We provide case studies and examples that transition these concepts from theory into practice. Implementing the ExPD approach will result in a product development function that is stronger, more focused, and more resilient to change. You will better understand the role strategy and business models play in product development and how to build a productive idea pipeline. Also, you will gain a new appreciation for the need to identify, assess and resolve uncertainty and risk before investing in a product, giving you greater confidence in your ability to win savings in resources and time to market and ultimately achieve greater product success. |
| competitive strategy michael porter book summary: Hospitality Strategic Management Cathy A. Enz, 2009-04-07 Updated to include the current models, theories, and hospitality practices, Hospitality Strategic Management: Concept and Cases, Second Edition is a comprehensive guide to strategic management in the international hospitality industry. Author Cathy A. Enz uses the case study approach to cover current topics such as innovation, entrepreneurship, leadership, ethics, and franchising. Eight full case studies with exhibits and documents address the areas of lodging, food service, tourism e-commerce, gaming, cruise lines, and airlines, making this book ideal for executive level training courses or hospitality industry executives interested in developing their strategic management skills. |
| competitive strategy michael porter book summary: Management John R. Schermerhorn, Jr., Daniel G. Bachrach, 2023-05-23 Inspire students to be responsible and self-aware decision-makers. Management, 15th Edition supports active and engaged course environments while centralizing new topics such as diversity, equity, inclusion and social impact. With a refocus on career application, the underlying goal is to translate foundational theories into lasting tools for students as they move beyond the classroom where their skills will be put to the test. |
| competitive strategy michael porter book summary: Public Sector Strategy Design David E. McNabb, Chung-Shing Lee, 2020-09-24 Within the public sector, strategies are not designed to influence markets, but instead to guide operations within a complex environment of multilateral power, influence, bargaining, and voting. In this book, authors David McNabb and Chung-Shingh Lee examine five frameworks public sector organization managers have followed when designing public sector strategies. Its purpose is to serve as a guide for managers and administrators of large and small public organizations and agencies. This book is the product of a combined more than sixty years of researching, teaching and leading organizational seminars on the theory and practice of management applications in industrial, commercial, nonprofit and public sector organizations. The book consists of four parts: Strategic Management and Strategy Fundamentals; Frameworks for Designing Strategies; Examples of Public Sector Strategies; and Implementing Strategic Management. Throughout, the focus is on the widespread value of strategic management and adopting the strategy appropriate for the organization. Including chapters on game theory, competitive forces, resources-based view, dynamic capabilities, and network governance, the authors demonstrate ways that real managers of public sector and civil society organizations have put strategic management to work in their organizations. This book will be of interest to both practicing and aspiring public servants. |
COMPETITIVE Definition & Meaning - Merriam-Webster
The meaning of COMPETITIVE is relating to, characterized by, or based on competition. How to use competitive in a sentence.
COMPETITIVE | English meaning - Cambridge Dictionary
COMPETITIVE definition: 1. involving competition: 2. wanting very much to win or be more successful than other people: 3…. …
Competitive Definition & Meaning | Britannica Dictionary
COMPETITIVE meaning: 1 : of or relating to a situation in which people or groups are trying to win a contest or be more successful …
Competitive - definition of competitive by The Free Dictionary
1. involving or determined by rivalry: competitive sports. 2. (Commerce) sufficiently low in price or high in quality to be …
What does competitive mean? - Definitions.net
Competitive refers to the scenario or tendency of individuals, organizations or nations attempting to achieve superiority, …
COMPETITIVE Definition & Meaning - Merriam-Webster
The meaning of COMPETITIVE is relating to, characterized by, or based on competition. How to use competitive in a sentence.
COMPETITIVE | English meaning - Cambridge Dictionary
COMPETITIVE definition: 1. involving competition: 2. wanting very much to win or be more successful than other people: 3…. …
Competitive Definition & Meaning | Britannica Dictionary
COMPETITIVE meaning: 1 : of or relating to a situation in which people or groups are trying to win a contest or be more successful than others relating to or involving competition; …
Competitive - definition of competitive by The Free Dictionary
1. involving or determined by rivalry: competitive sports. 2. (Commerce) sufficiently low in price or high in quality to be successful against commercial rivals. 3. relating to or …
What does competitive mean? - Definitions.net
Competitive refers to the scenario or tendency of individuals, organizations or nations attempting to achieve superiority, dominance, or success over others in a …
