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  2. Porter's generic strategies - Wikipedia

    en.wikipedia.org/wiki/Porter's_generic_strategies

    Porter wrote in 1980 that strategy targets either cost leadership, differentiation, or focus. [1] These are known as Porter's three generic strategies and can be applied to any size or form of business. Porter claimed that a company must only choose one of the three or risk that the business would waste precious resources.

  3. Cost leadership - Wikipedia

    en.wikipedia.org/wiki/Cost_leadership

    Cost leadership is often driven by company efficiency, size, scale, scope and cumulative experience (learning curve). A cost leadership strategy aims to exploit scale of production, well-defined scope and other economies (e.g., a good purchasing approach), producing highly standardized products, using advanced technology. [2]

  4. Strategic management - Wikipedia

    en.wikipedia.org/wiki/Strategic_management

    Michael Porter's Three Generic Strategies. Porter wrote in 1980 that strategy target either cost leadership, differentiation, or focus. [17] These are known as Porter's three generic strategies and can be applied to any size or form of business.

  5. Competitive advantage - Wikipedia

    en.wikipedia.org/wiki/Competitive_advantage

    In business, a competitive advantage is an attribute that allows an organization to outperform its competitors.. A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology and to proprietary information.

  6. Michael Porter - Wikipedia

    en.wikipedia.org/wiki/Michael_Porter

    Michael Eugene Porter (born May 23, 1947) [2] is an American businessman and professor at Harvard Business School.He was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a social impact consultancy.

  7. Hypercompetition - Wikipedia

    en.wikipedia.org/wiki/Hypercompetition

    In his book Competitive Strategy, Michael Porter stated that there are only two basic competitive advantages, and thus only two main generic strategies: cost leadership and differentiation, and further, that attempts to achieve both at once will result in doing neither well. [10] Porter assumes a tradeoff between quality and price. [11]

  8. Porter's five forces analysis - Wikipedia

    en.wikipedia.org/wiki/Porter's_five_forces_analysis

    Porter's Five Forces Framework is a method of analysing the competitive environment of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability.

  9. Category:Michael Porter - Wikipedia

    en.wikipedia.org/wiki/Category:Michael_Porter

    Cost leadership; D. Diamond model; N. North East of England Process Industry Cluster; P. Porter's generic strategies; Michael Porter; Porter's five forces analysis;