Competitive Strategy
The competitive strategy concept explains Michael Porter’s theory of competitive strategy and describes the five forces that determine how competition in industry is shaped. It will give you an understanding of the theory’s practical application and will help you to make more informed business decisions.
Technique Overview
Competitive Strategy Definition
Competitive strategy refers to how a company competes in a particular industry and seeks to gain a competitive advantage over its rivals (Porter, 1980).
Competitive Strategy Description *
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Business Evidence
Strengths, weaknesses and examples of Competitive Strategy *
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Business Application
Implementation, success factors and measures of Competitive Strategy *
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Professional Tools
Competitive Strategy videos and downloads *
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Further Reading
Competitive Strategy web and print resources *
Competitive Strategy references (4 of up to 20) *
- Burke, A., van Stel, A. and Thurik, R. (2010) Blue Ocean vs. Five Forces. Harvard Business Review, May.
- Business Week (2006) Fashion Conquistador. [Online] Available at: http://www.businessweek.com/magazine/content/06_36/b3999063.htm
- Campbell-Hunt, C. (2000) What Have We Learned about Generic Competitive Strategy? A Meta-analysis. Strategic Management Journal, Vol. 21, pp. 127-54.
- Gillen, D. and Lall, A. (2004) Competitive Advantage of Low-Cost Carriers: Some Implications for Airports. Journal of Air Transport Management, Vol. 10(1), pp. 41-50.
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