What is Strategy Porter article

What is Strategy Porter article - Second order fit...

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3/15/11 What is Strategy? Michael Porter Operational Effectiveness (OE) Productivity Frontier Competitive Convergence
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3/15/11 Strategic Activities Strategic Positions Variety-based positioning Choices of products or services Needs-based positioning Serving most or all of the needs of a group of customers Access-based positioning Customer geography or scales
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3/15/11 Trade-offs for Sustainability Valuable positions attract imitation Repositioning Straddling Trade-offs are driven by: Inconsistencies in image or reputation Based on activities Limits on internal coordination and control
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3/15/11 Fit for Advantage and Sustainability Strategy is about combining activities First order fit – simple consistency
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Unformatted text preview: Second order fit activities are reinforcing Third order fit optimization effort Strategic fit among many activities is fundamental to the sustainability of 3/15/11 Developing Strategy Strongest threats are from inside the company Growth trap Strategy needs to be deepened Easy growth through new products or features New customers or markets Globalization easy growth can 3/15/11 Leadership Developing strategy depends on strong leadership Teach others and say no Improving OE is essential, but not strategic Operational agenda continual improvement and no trade-offs Strategic agenda...
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This note was uploaded on 03/14/2011 for the course WCOB 3016 taught by Professor Staff during the Spring '08 term at Arkansas.

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What is Strategy Porter article - Second order fit...

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