Competitive Advantage - Revision history

Paulreed at 16:56, 1 January 2013

2013-01-01T16:56:05Z

← Older revision		Revision as of 11:56, 1 January 2013
Line 1:		Line 1:
	Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.		Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.

	Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a [[term::Hygiene ~~factor~~]], unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies		Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a [[term::Hygiene Factor]], unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies
	Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.		Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.

Paulreed at 16:55, 1 January 2013

2013-01-01T16:55:48Z

← Older revision		Revision as of 11:55, 1 January 2013
Line 1:		Line 1:
	Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.		Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.

	Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a [[term::~~hygiene~~ factor]], unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies		Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a [[term::Hygiene factor]], unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies
	Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.		Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.

Paulreed at 16:55, 1 January 2013

2013-01-01T16:55:07Z

← Older revision		Revision as of 11:55, 1 January 2013
Line 1:		Line 1:
	Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.		Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.

	Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a hygiene factor, unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies		Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a [[term::hygiene factor]], unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies
	Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.		Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.

Paulreed at 12:43, 13 October 2012

2012-10-13T12:43:35Z

← Older revision		Revision as of 07:43, 13 October 2012
Line 1:		Line 1:
	Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy		Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy.

	Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the l-r. More likely a hygiene factor, unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies		Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the long-run. More likely a hygiene factor, unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies
	Differentiation - Allows a firm to command a premium price ~~becuase~~ a combination of product offerings is difficult to copy.		Differentiation - Allows a firm to command a premium price because a combination of product offerings is difficult to copy.

	Sources of CA - Structural - Installed Base - Microsoft		*Sources of CA - Structural - Installed Base - Microsoft
	Execution - Organizational Learning, Culture of ~~Cust~~ Service		*Execution - Organizational Learning, Culture of Customer Service
	Insight - Tech innovation (copyable) Pricing, Arbitrage		*Insight - Tech innovation (copyable) Pricing, Arbitrage

	CA is about creating imperfections - Tech Innovation, Controlling Info, Barriers to entry/exit, High switching costs, Size (MES), Product Differentiation = PRICE MAKERS		CA is about creating imperfections - Tech Innovation, Controlling Info, Barriers to entry/exit, High switching costs, Size (MES), Product Differentiation = PRICE MAKERS
Line 13:		Line 13:

	The sustainability of CA is based on		The sustainability of CA is based on
	Power		*Power
	Catching up - nullifying CA		*Catching up - nullifying CA
	Keeping ahead		*Keeping ahead
	Re-~~inforcement~~ - mutually re-~~inforcing~~ existing advantages		*Re-enforcement - mutually re-enforcing existing advantages

	Is there more than one generic Strategy possible		Is there more than one generic Strategy possible
	YES Org innovation, technology allows high quality/low cost.		*YES Org innovation, technology allows high quality/low cost.
	NO Stuck in the middle, most ~~orgs~~ are not flexible, different strategies need different and conflicting strategies		*NO Stuck in the middle, most organizations are not flexible, different strategies need different and conflicting strategies

	The three major routes to CA		The three major routes to CA
Line 29:		Line 29:
	Pharma - few and large - patented drugs		Pharma - few and large - patented drugs

	See also [[Differential Advantage]],[[Porter's Generic Strategy]]		See also
			*[[Differential Advantage]],
	~~See~~ [[Competitive Advantage History]]		*[[Porter's Generic Strategy]]
			*[[Competitive Advantage History]]

	[[Category:Strategy]]		[[Category:Strategy]]

Paulreed: Created page with "Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen indust..."

2010-12-22T01:19:20Z

Created page with "Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen indust..."

New page

Sustainable Competitive Advantage is a set of assets, positions and environmental conditions that enable a company to consistently outperform its competitors in its chosen industry. It is NOT a strategy it the outcome of strategy

Attributes - Cost Advantage - Unlikely MES > 75% and unlikely to be sustainable in the l-r. More likely a hygiene factor, unless you are the only one who lives on top of gold mine - Monopolies, Oligopolies
Differentiation - Allows a firm to command a premium price becuase a combination of product offerings is difficult to copy.

Sources of CA - Structural - Installed Base - Microsoft
Execution - Organizational Learning, Culture of Cust Service
Insight - Tech innovation (copyable) Pricing, Arbitrage

CA is about creating imperfections - Tech Innovation, Controlling Info, Barriers to entry/exit, High switching costs, Size (MES), Product Differentiation = PRICE MAKERS

It has to be perceived by the Customer

The sustainability of CA is based on
Power
Catching up - nullifying CA
Keeping ahead
Re-inforcement - mutually re-inforcing existing advantages

Is there more than one generic Strategy possible
YES Org innovation, technology allows high quality/low cost.
NO Stuck in the middle, most orgs are not flexible, different strategies need different and conflicting strategies

The three major routes to CA
* Specialize on a customer group - Focus
* Differentiation
* Lowest Cost Producer

Pharma - few and large - patented drugs

See also [[Differential Advantage]],[[Porter's Generic Strategy]]

See [[Competitive Advantage History]]

[[Category:Strategy]]