Competitive Advantage: Creating and Sustaining Superior Performance

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Simon and Schuster, Jun 30, 2008 - Business & Economics - 592 pages
21 Reviews
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. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America.

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. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. 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. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy.

Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.
  

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Review: Competitive Advantage: Creating and Sustaining Superior Performance

User Review  - Sean - Goodreads

If they were ever relevant, this book's theories are almost completely outdated and misleading now. Still the core concepts are useful to understand, because they've been drilled into the heads of ... Read full review

Review: Competitive Advantage: Creating and Sustaining Superior Performance

User Review  - يوسف زهدى - Goodreads

"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" Read full review

Contents

The Core Concepts
1
PRINCIPLES OF COMPETITIVE ADVANTAGE
31
COMPETITIVE SCOPE AND THE VALUE CHAIN
53
THE VALUE CHAIN AND ORGANIZATIONAL
59
C0sT BEHAVIOR
70
C0sT ADVANTAGE
97
STEPs IN STRATEGIC C0sT ANALYSIS
118
DIFFERENTIATION STRATEGY
150
INTERRELATIONSHIPS AMONG BUsINEss UNITS
323
INTANGIBLE INTERRELATIONSHIPS
350
Horizontal Strategy
364
STRATEGY
375
Achieving Interrelationships
383
MANAGING HORIZONTAL ORGANIZATIGN
409
Complementary Products and Competitive
416
BUNDLING
425

STEPS IN DIFFERENTIATION
162
TECHNOLOGY STRATEGY
176
TECHNOLOGICAL EVOLUTION
194
Competitor Selection
201
Industry Segmentation and Competitive
231
THE INDUSTRY SEGMENTATION MATRIX
248
STRATEGY
255
INDUSTRY SEGMENTATION AND INDUSTRY
272
Substitution
273
CORPORATE STRATEGY
315
CROss SUBSIDIZATION
436
COMPLEMENTS AND COMPETITIVE STRATEGY
442
Defensive Strategy
482
DEIENsIvE STRATEGY
503
Attacking an Industry Leader
513
SIGNALs 0I LEADER VULNERABILITY
533
l
541
About the Author
559
Copyright

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About the author (2008)

Michael E. Porter, one of the world's leading authorities on competitive strategy and international competitiveness, is the C. Roland Christensen Professor of Business Administration at the Harvard Business School. In 1983, Professor Porter was appointed to President Reagan's Commission on Industrial Competitiveness, the initiative that triggered the competitiveness debate in America. He serves as an advisor to heads of state, governors, mayors, and CEOs throughout the world. The recipient of the Wells Prize in Economics, the Adam Smith Award, three McKinsey Awards, and honorary doctorates from the Stockholm School of Economics and six other universities, Porter is the author of fourteen books, among them Competitive Strategy, The Competitive Advantage of Nations, and Cases in Competitive Strategy, all published by The Free Press. He lives in Brookline, Massachusetts.

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