· 2012· Book chapter
Gaining and sustaining a competitive advantage
- 2,038citations
- 2012year
Short summary
This book provides a comprehensive framework for understanding and achieving competitive advantage, covering strategic analysis, business-level strategies (cost leadership, differentiation, flexibility), and corporate-level strategies (integration, diversification, alliances, M&A, international).
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Key points
- Strategic analysis involves evaluating firm performance, environmental threats/opportunities, and internal strengths/weaknesses.
- Business strategies include cost leadership, product differentiation, and flexibility through real options analysis.
- Corporate strategies encompass vertical integration, diversification, strategic alliances, M&A, and international expansion.
- The book systematically breaks down strategy formulation from foundational analysis to specific implementation tactics.
AI-generated from the title and abstract; the full text is not read.
Abstract
PART I: The Logic of Strategic Analysis Chapter 1. Introduction: What Is Strategy? Chapter 2. Firm Performance and Competitive Advantage Chapter 3. Evaluating Environmental Threats Chapter 4. Evaluating Environmental Opportunities Chapter 5. Evaluating Firm Strengths and Weaknesses: The Resource-Based View PART II: Business Strategies Chapter 6. Cost Leadership Chapter 7. Product Differentiation Chapter 8. Flexibility: Real Options Analysis Under Risk and Uncertainty Chapter 9. Tacit Collusion: Cooperation to Reduce Competition PART III: Corporate Strategies Chapter 10. Vertical Integration Strategies Chapter 11. Diversification Strategies Chapter 12. Implementing Corporate Diversification Chapter 13. Strategic Alliances Chapter 14. Merger and Acquisition Strategies Chapter 15. International Strategies
The authors' abstract, as published at the source., 2012 · DOI ↗
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Field: Strategy and Management
Strategy and ManagementBusiness, Management and Accounting