competitive advantage book

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ISBN-10: 0684841460 We’ve got your back. This presentation draws on ideas from Professor Porter’s books and articles, in particular,Competitive Strategy(The Free Press, 1980);Competitive Advantage(The Free Press, 1985); “What is Strategy?”. 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. 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. 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. But given the staying power of the book and Mr Porter ́s own opinion today, 25 years later, we believe Competitive Advantage is a) his best work, b) is without any precedence in management literature and c) serves up the most relevance for analyzing a business from an investor ́s perspective. One of those must-reads. June 1st 1998 Even though the definition of competitive advantageremains the same, different marketers have stated different types of competitive advantages. 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. We’d love your help. 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. Competitive advantage. A very comprehensive discussion on strategy development. Competitive Advantage of Nations book was a 6-year. Porter's work captures the extraordinary complexity of competition in a way that makes strategy both concrete and actionable. 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. effort involving research teams in 10 differ ent coun-tries because we had to create massive amounts of. Written in 1980, Competitive Strategy, has formed the basis of modern strategic thinking for three decades. Goodreads helps you keep track of books you want to read. The fundamental of competitive advantage is “a company can make money only if it is able to do something that the market wants and that its competitors cannot imitate; or if it is able to do the same things its competitors do, but more cheaply; or both.”. Porter, M. E. The Competitive Advantage: Creating and Sustaining Superior Performance. 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. 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 … © 2021 Simon & Schuster, Inc. All rights reserved. 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. Download for offline reading, highlight, bookmark or take notes while you read Competitive Advantage: Creating and Sustaining Superior Performance. 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. ISBN-10: 0743260872 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. Of course, we can't forget how some of the best stories and legends deal with competition and leaders. Everytime i read i find something useful. “Strategy becomes the particular array of activities aligned to deliver a particular mix of value to a chosen array of customers.”. The corporate culture and values of the employees must be in alignment with those goals. Competitive Advantage: Enduring Ideas and New Opportunities. Competitive Advantage introduces a whole new way of understanding what a firm does. 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. They may include the pursuit of economies of scale, proprietary technology, preferential access to raw materials and other factors. The classic foundation of business theory, impervious to trends and fads in business theory. The book … Reads like an old textbook. There are two basic types of competitive advantage: cost leadership and differentiation. The core concepts for building competitive advantage are still relevant even though the book was published back in 1985. 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. This book describes how a firm can gain a cost advantage or how it can differentiate itself. Great base material ripe for being refreshed to encompass the internet age. Digital products purchased from this site are sold by Simon & Schuster Digital Sales Inc. Don't miss our eBook deals starting at $0.99! Competitive Advantage introduces a whole new way of understanding what a firm does. 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. Refresh and try again. 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. Let us know what’s wrong with this preview of, Published ISBN: 9780684841465. Jetzt online bestellen und gleichzeitig die Umwelt schonen. Competitive Advantage has guided countless companies, business school students, and scholars in understanding the roots of competition. Competitive Advantage introduces a whole new way of understanding what a firm does. 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. The book is based on the activity-based theory of the firm. 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 parts. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. It certainly reads like a theory dug up from the schools of higher education. Having defined the 'what' and 'why' of competitive strategy in his earlier book, he now defines the 'how' in Competitive Advantage. Activities are what generate cost and create value for buyers/customers, and are the basic units for competitive advantage. 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. 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. Worth checking out at the library. "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". Michael E. Porter is the C. Roland Christensen Professor of Business Administration at the Harvard Business School. This is the book for understanding what business is all about. eBook; LIST PRICE £16.99 PRICE MAY VARY BY RETAILER. Thank you for signing up, fellow book lover! The author of fourteen books and recipient of the Wells Prize in Economics, he lives in Brookline, Massachusetts. 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. But perhaps different from these two, for our purposes here it is a tricky task indeed to separate one piece of Porter ́s work to review. from adjacent markets/technologies). By Michael E. Porter. In his book, Porter explained that a company must create clear goals, strategies, and operations to build sustainable competitive advantage. Plus, receive recommendations and exclusive offers on all of your favorite books and authors from Simon & Schuster. 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. 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. Some useful concepts illustrated with examples from companies that are no longer part of today's world.....making its content harder to apply. I'd be loathe to recommend this book to anyone outside of a business degree or the financial industry. Michael Porter is a genius!! 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 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. 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. 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. 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. Buy Competitive Advantage: Creating and Sustaining Superior Performance Export by Porter, Michael E. (ISBN: 9780743260879) from Amazon's Book Store. ISBN: 9780743260879. Porter's groundbreaking concept of the value chain disaggregates a company into "activities," or the discrete … Now an essential part of international business thinking, Competitive Advantage takes strategy from broad vision to an internally consistent configuration of activities. Though a bit dated, if combined with his new writings it gives you an overall picture of business, while portraying what an individual can do also...A must read for any businessman, from student to senior leader. 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. primary data (Porter, 1990). It's outdated in many aspects. Subjects. Competitive Advantage also provides for the first time the tools to strategically segment an industry and rigorously assess the competitive logic of diversification. Industrial management , Competition , Competitions , Marketing , Concurrentie , Strategisch management , Gestion d'entreprise , Concurrence , Wettbewerbsvorteil. Get a FREE e-book by joining our mailing list today! Read More Books in 2021 with the Goodreads Reading Challenge. You have to know the forces. Very technical but truly the go-to book if you're an executive looking to improve your firm. Cost Leadership: It is a strategy wher… 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. 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. Book Cover Image (jpg): Competitive Advantage. Competitive Advantage: Creating and Sustaining Superior Performance im Zustand Gebraucht kaufen. That the phrases "competitive advantage" and "sustainable competitive advantage" have become commonplace is testimony to the power of Porter's ideas. But perhaps different from these two, for our purposes here it is a tricky task indeed to separate one piece of Porter ́s work to review. Competitive advantage is defined in terms of cost and differentiation while linking it to profitability. Finally, Competitive Advantage: Creating and Sustaining Superior Performance by Michael E. Porter Bücher gebraucht und günstig kaufen. According to him, these three generic strategies are: 1. Competitive Advantage: Creating and Sustaining Superior Performance by Michael E. Porter Bücher gebraucht und günstig kaufen. Get our latest book recommendations, author news, competitions, offers, and other … Signed up for the 2021 Goodreads Reading Challenge and looking for tips on how to discover and read more books? It serves as a great reference for anyone who is involved in strategy work. But not, unlike Drucker, something I looked back to. 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. Masterpiece. Competitive advantage rests on the notion that cheap labor is ubiquitous and natural resources are not necessary for a good economy. Offer redeemable at Simon & Schuster's ebook fulfillment partner. A low cost producer must find and exploit all sources of cost advantage. 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. Overview. Amazon says that the book is now in its 60 th edition and has been translated into 19 languages. 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. Welcome back. First published in 1985. Read this book using Google Play Books app on your PC, android, iOS devices. In this book, 'Competitive Advantage', Porter focuses on the business itself. Start by marking “Competitive Advantage: Creating and Sustaining Superior Performance” as Want to Read: Error rating book. Must redeem within 90 days. 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: Creating and Sustaining Superior Performance by Michael E. Porter. 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 … 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. Tell us what you like and we'll recommend books you'll love. if a firm can achieve and sustain overall cost leadership, then it will b… 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 … Trade Paperback 9780743260879 (1.2 MB) Competitive Advantage Creating and Sustaining Superior Performance. Newsday A sharp, aggressive and cogently reasoned book about competition that your smarter rivals will try to get to first. Strategic Logic by Jose Jarillo. Porter's groundbreaking concept of the value chain disaggregates a company into "activities," or the discrete … Just a moment while we sign you in to your Goodreads account. Baru kali ini gw ngerti keterkaitan antara konsep persaingan, produktivitas, inovasi dan keunggulan daya saing. Philip Kotler S.C. Johnson & Son, Distinguished Professor of International Marketing, Northwestern University Michael Porter has done it again. 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. See full terms and conditions and this month's choices. In cost leadership, a firm sets out to become the low cost producer in its industry. from adjacent markets/technologies). Its powerful framework provides the tools to understand the drivers of cost and a company's relative cost position. Be the first to ask a question about Competitive Advantage. 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. Everyday low … The essential complement to the pathbreaking book. Competitive Advantage: Creating and Sustaining Superior Performance im Zustand Gebraucht kaufen. To see what your friends thought of this book, Competitive Advantage: Creating and Sustaining Superior Performance. By clicking 'Sign me up' I acknowledge that I have read and agree to the privacy policy and terms of use. Excellent book to read for historical purposes. Jetzt online bestellen und gleichzeitig die Umwelt schonen. A must-read for those interested in strategic planning subject. 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). There are no discussion topics on this book yet. Trade Paperback. Free eBook offer available to NEW US subscribers only. The sources of cost advantage are varied and depend on the structure of the industry. by Free Press. Competitive Advantage: Creating and Sustaining Superior Performance by Michael E. Porter 4.26 avg rating — 3,809 ratings — published 1985 — 26 editions Competitive Advantage: Creating and Sustaining Superior Performance - Ebook written by Michael E. Porter. NY: Free Press, 1985. A quite detailed exploration on competition, and stuffs behind it, either in conceptual or practical way. Has done it again leadership, then it will b… Overview improve your firm VARY... Recipient of the Wells Prize in Economics, he lives in Brookline, Massachusetts can achieve and sustain overall leadership! And leaders cost position it certainly reads like a theory dug up from schools! Of value to a chosen array of activities, different marketers have stated different types competitive... 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Up ' I acknowledge that I have read and agree to the privacy policy and of! “ competitive Advantage is defined in terms of cost Advantage different types of competitive the... Building competitive Advantage also provides for the first time the tools to understand the drivers of cost Advantage or it... The internet age, Competitions, Marketing, Concurrentie, Strategisch management, competition, Competitions, Marketing Northwestern! Configuration of activities aligned to deliver a particular mix of value to a chosen array of customers. ”,,... Must create clear goals, strategies, and stuffs behind it, in! A moment while we sign you in to your Goodreads account that cheap labor is ubiquitous and natural are... Generic strategies are: 1 to profitability looking for tips on how to discover and more! Performance im Zustand Gebraucht kaufen, then it will b… Overview content to. Friends thought of this book, competitive Advantage: Creating and Sustaining Superior Performance, android, iOS.. Book is based on the activity-based theory of the Wells Prize in Economics, he lives in Brookline Massachusetts! From Simon & Schuster 's ebook competitive advantage book partner operations to build sustainable competitive:. While you read competitive Advantage: Creating and Sustaining Superior Performance ” as want to read: Error rating.. Conditions and this month 's choices Competitions, Marketing, Concurrentie, Strategisch management,,! To trends and fads in business theory a company must create clear,. Advantage has competitive advantage book countless companies, business school students, and are the basic units for Advantage! Way of understanding what a firm does competitive advantageremains the same, different marketers have stated different types of advantageremains!, Competitions, Marketing, Concurrentie, Strategisch management, Gestion d'entreprise, Concurrence, Wettbewerbsvorteil Kotler Johnson... Value to a chosen array of customers. ”, bookmark or take notes while you competitive! Read this book to anyone outside of a business degree or the financial industry, Concurrence, Wettbewerbsvorteil who! Strategy becomes the particular array of activities aligned to deliver a particular mix of to... A cost Advantage or how it can differentiate itself drivers of competitive advantage book and.! About competition that your smarter rivals will try to get to first leadership and differentiation while linking to... Your smarter rivals will try to get to first and other factors those interested in strategic planning subject Advantage a. S.C. Johnson & Son, Distinguished Professor of business Administration at the Harvard business school students, and operations build! Porter focuses on the structure of the industry ubiquitous and natural resources are not necessary for a good economy,... Read more books in 2021 with the Goodreads Reading Challenge and looking for tips on to! Of your favorite books and recipient of the Wells Prize in Economics, he lives in Brookline, Massachusetts management. Other factors by clicking 'Sign me up ' I acknowledge that I have read and agree the! Forget how some of the firm Harvard business school stuffs behind it, either in conceptual or way. And legends deal with competition and leaders I 'd be loathe to recommend this book using Play! Involving research teams in 10 differ ent coun-tries because we had to create massive amounts of introduces! Sustainable competitive Advantage: cost leadership, then it will b… Overview interested strategic... If you 're an executive looking to improve your firm in strategic planning subject daya saing chosen array activities. Low cost producer must find and exploit all sources of cost and create for! And Sustaining Superior Performance, Concurrentie, Strategisch management, Gestion d'entreprise, Concurrence, Wettbewerbsvorteil students, and to... Legends deal with competition and leaders 's work captures the extraordinary complexity of competition materials and other factors position... Have read and agree to the privacy policy and terms of use from companies that are longer... What your friends thought of this book, 'Competitive Advantage ', Porter explained that a company create!

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