Trade Paperback. Welcome back. But not, unlike Drucker, something I looked back to. Competitive Advantage of Nations book was a 6-year. Overview. 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. Goodreads helps you keep track of books you want to read. Be the first to ask a question about Competitive Advantage. The classic foundation of business theory, impervious to trends and fads in business theory. A must-read for those interested in strategic planning subject. Competitive Advantage introduces a whole new way of understanding what a firm does. Start by marking “Competitive Advantage: Creating and Sustaining Superior Performance” as Want to Read: Error rating book. 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. I'd be loathe to recommend this book to anyone outside of a business degree or the financial industry. 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. Download for offline reading, highlight, bookmark or take notes while you read 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. Now an essential part of international business thinking, Competitive Advantage takes strategy from broad vision to an internally consistent configuration of activities. Free eBook offer available to NEW US subscribers only. Refresh and try again. 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. Competitive advantage is defined in terms of cost and differentiation while linking it to profitability. It's outdated in many aspects. Competitive advantage. Porter, M. E. The Competitive Advantage: Creating and Sustaining Superior Performance. Its powerful framework provides the tools to understand the drivers of cost and a company's relative cost position. Tell us what you like and we'll recommend books you'll love. 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). Industrial management , Competition , Competitions , Marketing , Concurrentie , Strategisch management , Gestion d'entreprise , Concurrence , Wettbewerbsvorteil. In this book, 'Competitive Advantage', Porter focuses on the business itself. To see what your friends thought of this book, Competitive Advantage: Creating and Sustaining Superior Performance. Strategic Logic by Jose Jarillo. We’d love your help. The core concepts for building competitive advantage are still relevant even though the book was published back in 1985. 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. Amazon says that the book is now in its 60 th edition and has been translated into 19 languages. Must redeem within 90 days. Book Cover Image (jpg): Competitive Advantage. See full terms and conditions and this month's choices. 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. There are two basic types of competitive advantage: cost leadership and differentiation. Subjects. 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. You have to know the forces. 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. A very comprehensive discussion on strategy development. 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. Let us know what’s wrong with this preview of, Published Everyday low … 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. In his book, Porter explained that a company must create clear goals, strategies, and operations to build sustainable competitive advantage. Reads like an old textbook. ISBN-10: 0684841460 This is the book for understanding what business is all about. A low cost producer must find and exploit all sources of cost advantage. Get our latest book recommendations, author news, competitions, offers, and other … "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 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. June 1st 1998 We’ve got your back. Everytime i read i find something useful. Great base material ripe for being refreshed to encompass the internet age. 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. Some useful concepts illustrated with examples from companies that are no longer part of today's world.....making its content harder to apply. from adjacent markets/technologies). Having defined the 'what' and 'why' of competitive strategy in his earlier book, he now defines the 'how' in Competitive Advantage. 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. eBook; LIST PRICE £16.99 PRICE MAY VARY BY RETAILER. First published in 1985. Just a moment while we sign you in to your Goodreads account. 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