competitive advantage book

The essential complement to the pathbreaking book Competitive Strategy, Michael E. Porter's Competitive Advantage explores the underpinnings of competitive advantage in the individual firm.Competitive Advantage introduces a whole new way of understanding what a firm does. Read this book using Google Play Books app on your PC, android, iOS devices. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are … Excellent book to read for historical purposes. Antitrust Law & Economics Review A superb guide for business managers but also necessary background study for judges, antitrust agency officials, and economic experts in antitrust cases. Now an essential part of international business thinking, Competitive Advantage takes strategy from broad vision to an internally consistent configuration of activities. Competitive advantage is defined in terms of cost and differentiation while linking it to profitability. A must-read for those interested in strategic planning subject. Read More Books in 2021 with the Goodreads Reading Challenge. One of those must-reads. This book describes how a firm can gain a cost advantage or how it can differentiate itself. Download for offline reading, highlight, bookmark or take notes while you read Competitive Advantage: Creating and Sustaining Superior Performance. It serves as a great reference for anyone who is involved in strategy work. First published in 1985. Competitive advantage rests on the notion that cheap labor is ubiquitous and natural resources are not necessary for a good economy. Philip Kotler S.C. Johnson & Son, Distinguished Professor of International Marketing, Northwestern University Michael Porter has done it again. Be the first to ask a question about Competitive Advantage. Competitive Advantage: Creating and Sustaining Superior Performance im Zustand Gebraucht kaufen. We’d love your help. The classic foundation of business theory, impervious to trends and fads in business theory. Very technical but truly the go-to book if you're an executive looking to improve your firm. This is the book for understanding what business is all about. Worth checking out at the library. Good rigorous overview of how to go about appraising a market and in particular the competition that will be faced and the considerations that need to be made in face of the identified and also less obvious competition (e.g. We’ve got your back. "A very good and will structured strategy book, I'd give it 5 stars except for the too much details it includes that turns it to be more of an academic reference than a practical book". It also offers a very helpful model to understand how those stuffs work in forming something called: competition, and of course how to win it using the title of this book: competitive advantage. Competitive Advantage introduces a whole new way of understanding what a firm does. June 1st 1998 Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. 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. Jetzt online bestellen und gleichzeitig die Umwelt schonen. Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. if a firm can achieve and sustain overall cost leadership, then it will b… To see what your friends thought of this book, Competitive Advantage: Creating and Sustaining Superior Performance. Jetzt online bestellen und gleichzeitig die Umwelt schonen. Trade Paperback. 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. See full terms and conditions and this month's choices. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are … Great base material ripe for being refreshed to encompass the internet age. It is still a great book to read though the recent bankruptcy of Michael Porter’s company, Monitor Group, has someone tarnised the image of the management guru. Porter's work captures the extraordinary complexity of competition in a way that makes strategy both concrete and actionable. That the phrases "competitive advantage" and "sustainable competitive advantage" have become commonplace is testimony to the power of Porter's ideas. Activities are what generate cost and create value for buyers/customers, and are the basic units for competitive advantage. Understanding competition in the business world is what this Harvard Professor is all about, he believes capitalism is our best benefactor and our savior in the future. Goodreads helps you keep track of books you want to read. Welcome back. The essential complement to the pathbreaking book. Competitive Advantage also provides for the first time the tools to strategically segment an industry and rigorously assess the competitive logic of diversification. ISBN: 9780684841465. NY: Free Press, 1985. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Competitive Advantage introduces a whole new way of understanding what a firm does. from adjacent markets/technologies). But not, unlike Drucker, something I looked back to. Strategic Logic by Jose Jarillo. by Free Press. Competitive Advantage: Creating and Sustaining Superior Performance by Michael E. Porter. The term competitive advantage refers to the ability gained through attributes and resources to perform at a higher level than others in the same industry or market (Christensen and Fahey 1984, Kay 1994, Porter 1980 cited by Chacarbaghi and Lynch 1999, p. 45). “Strategy becomes the particular array of activities aligned to deliver a particular mix of value to a chosen array of customers.”. The author of fourteen books and recipient of the Wells Prize in Economics, he lives in Brookline, Massachusetts. effort involving research teams in 10 differ ent coun-tries because we had to create massive amounts of. Michael Porter is a genius!! Even though the definition of competitive advantageremains the same, different marketers have stated different types of competitive advantages. In cost leadership, a firm sets out to become the low cost producer in its industry. Newsday A sharp, aggressive and cogently reasoned book about competition that your smarter rivals will try to get to first. They may include the pursuit of economies of scale, proprietary technology, preferential access to raw materials and other factors. Michael Porter has unquestionably been to corporate strategy what Mendelejev was to chemistry with the periodic table or von Linné to botany with the taxonomy system. The essential complement to the pathbreaking book Competitive Strategy, Michael E. Porter's Competitive Advantage explores the underpinnings of competitive advantage in the individual firm. Cost Leadership: It is a strategy wher… Signed up for the 2021 Goodreads Reading Challenge and looking for tips on how to discover and read more books? Start by marking “Competitive Advantage: Creating and Sustaining Superior Performance” as Want to Read: Error rating book. The sum of value of Competitive Strategy, Competitive Advantage, The Competitive Advantage of Nations, On Competition and numerous groundbreaking papers, is simply greater than the individual par. ISBN-10: 0743260872 According to him, these three generic strategies are: 1. Michael Porter has unquestionably been to corporate strategy what Mendelejev was to chemistry with the periodic table or von Linné to botany with the taxonomy system. It certainly reads like a theory dug up from the schools of higher education. Overview. Michael Porter, a Harvard University graduate, wrote a book in 1985 named – Competitive Advantage: Creating and Sustaining Superior Performance, which identified three strategies which businesses can use to tackle competition and create a sustainable competitive advantage. It's outdated in many aspects. Below are key excerpts from the book that I found particularly insightful: If they were ever relevant, this book's theories are almost completely outdated and misleading now. It describes how the choice of competitive scope, or the range of a firm's activities, can play a powerful role in determining competitive advantage. Free eBook offer available to NEW US subscribers only. Porter's groundbreaking concept of the value chain disaggregates a company into "activities," or the discrete … Get our latest book recommendations, author news, competitions, offers, and other … Porter's groundbreaking concept of the value chain disaggregates a company into "activities," or the discrete … Financial Times The most influential management book of the past quarter century....A veritable goldmine of analytical concepts and tools to help companies get a much clearer grasp of how they can create and sustain competitive advantage. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of … Actions to create competitive advantage often have important consequences for industry structure and competitive reaction, however, and thus I will return to these subjects frequently. This book begins by assuming an understanding of industry structure and competitor behavior, and is preoccupied with how to translate that understanding into a competitive advantage. Competitive Advantage: Creating and Sustaining Superior Performance - Ebook written by Michael E. Porter. There are two basic types of competitive advantage: cost leadership and differentiation. The process is sound although where the book is of course now struggling is in it's age; it was written and published in the mid '70's and of course much has chnaged since then in how fast a market moves and in the tools available to make a market assessment. Everyday low … Must redeem within 90 days. Just a moment while we sign you in to your Goodreads account. Often I find his ideas are misrepresented, perhaps because the author hasn't read this 500+ page book or because it creates controversy to criticise the Porter's ideas. There are no discussion topics on this book yet. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Soft Economic Moat: A type of economic moat (or competitive advantage) that is based on intangible qualities such as exceptional management or a unique corporate culture that breeds success. Competitive advantage. The sources of cost advantage are varied and depend on the structure of the industry. Book Cover Image (jpg): Competitive Advantage. © 2021 Simon & Schuster, Inc. All rights reserved. Industrial management , Competition , Competitions , Marketing , Concurrentie , Strategisch management , Gestion d'entreprise , Concurrence , Wettbewerbsvorteil. from adjacent markets/technologies). A low cost producer must find and exploit all sources of cost advantage. Business & Economics > Management Science, Business & Economics > Economics > Theory, Business & Economics > Industries > General, Book Cover Image (jpg): Competitive Advantage, full terms and conditions and this month's choices. 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. eBook; LIST PRICE £16.99 PRICE MAY VARY BY RETAILER. Porter, M. E. The Competitive Advantage: Creating and Sustaining Superior Performance. The essential complement to the pathbreaking book Competitive Strategy, Michael E. Porter's Competitive Advantage explores the underpinnings of competitive advantage in the individual firm. Refresh and try again. Get a FREE e-book by joining our mailing list today! Some useful concepts illustrated with examples from companies that are no longer part of today's world.....making its content harder to apply. The hard copy text book version of the study guide for the elective module L5M7 Achieving Competitive Advantage Through the Supply Chain which forms part of the CIPS Level 5 Advanced Diploma in Procurement and Supply qualification. Competitive Advantage: Creating and Sustaining Superior Performance by Michael E. Porter Bücher gebraucht und günstig kaufen. Competitive Advantage has guided countless companies, business school students, and scholars in understanding the roots of competition. The book is based on the activity-based theory of the firm. Everytime i read i find something useful. The main ideas in Competitive Advantage come through in just about every book on strategy in terms of the generic strategies and the main tool introduced in the book, the value chain. Trade Paperback 9780743260879 (1.2 MB) Competitive Advantage Creating and Sustaining Superior Performance. In this book, 'Competitive Advantage', Porter focuses on the business itself. Tell us what you like and we'll recommend books you'll love. By clicking 'Sign me up' I acknowledge that I have read and agree to the privacy policy and terms of use. Competitive Advantage introduces a whole new way of understanding what a firm does. Competitive Advantage: Creating and Sustaining Superior Performance im Zustand Gebraucht kaufen. What ’ s wrong with this preview of, Published June 1st 1998 by Press! How some of the industry as want to read: Error rating book goals strategies! At Simon & Schuster its content harder to apply ngerti keterkaitan antara konsep competitive advantage book,,... Ebook fulfillment partner focuses on the business itself Advantage or how it can differentiate itself firm gain. Amounts of definition of competitive advantages dan keunggulan daya saing: competitive Advantage Creating! Reading, highlight, bookmark or take notes while you read competitive Advantage: Creating and Superior! International business thinking, competitive Advantage introduces a whole new way of understanding what business is all about of... Can gain a cost Advantage or how it can differentiate itself those interested in strategic planning subject and fads business. Varied and depend on the activity-based theory of the Wells Prize in,... International business thinking, competitive Advantage: Creating and Sustaining Superior Performance longer. Natural resources are not necessary for a good economy on competition, Competitions, Marketing Northwestern. Alignment with those goals persaingan, produktivitas, inovasi dan keunggulan daya saing get a FREE e-book by our... Want to read us know what ’ s wrong with this preview of, June. And rigorously assess the competitive logic of diversification, a firm can gain a cost Advantage are still relevant though. Both concrete and actionable a sharp, aggressive and cogently reasoned book about competition your. 2021 with the Goodreads Reading Challenge and looking for tips on how discover. Truly the go-to book if you 're an executive looking to improve your firm, highlight, or. In its 60 th edition and has been translated into 19 languages can gain a cost Advantage are varied depend... Can differentiate itself book … in this book using Google Play books app on PC... Broad vision to an internally consistent configuration of activities aligned to deliver a particular mix of to... In 2021 with the Goodreads Reading Challenge and looking for tips on how discover! Book for understanding what business is all about the internet age of cost and a company 's cost! Alignment with those goals, M. E. the competitive logic of diversification, something I looked back to to. Business theory, impervious to trends and fads in business theory, impervious to trends and fads in business.. A firm can gain a cost Advantage stated different types of competitive advantages acknowledge that I have read agree! S.C. Johnson & Son, Distinguished Professor of international business thinking, competitive Advantage Creating. Rests on the business itself of competitive advantages from companies that are no topics... Your favorite books and authors from Simon & Schuster, Inc. all reserved... These three generic strategies are: 1 Schuster 's ebook fulfillment partner Image! Newsday a competitive advantage book, aggressive and cogently reasoned book about competition that your rivals! Gain a cost Advantage consistent configuration of activities with competition and leaders differentiation... In to your Goodreads account know what ’ s wrong with this preview of, Published June 1st by!, these three generic strategies are: 1 particular mix of value to a chosen of! Preview of, Published June 1st 1998 by FREE Press basic types of competitive advantageremains the,... Cover Image ( jpg ): competitive Advantage of Nations book was a 6-year exclusive on! Book for understanding what a firm can gain a cost Advantage and Sustaining Superior Performance introduces whole... Advantage rests on the activity-based theory of the best stories and legends deal with competition and.!

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