Competitive Strategy
Competitive Strategy
Michael E. Porter
Jamie Dimon
On Jamie Dimon's list of favorite books.
Bill Gurley
All entrepreneurs should read. - Bill Gurley
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2
All books

Competitive Strategy

Competitive Strategy: Techniques for Analyzing Industries and Competitors

Michael E. Porter
By
Michael E. Porter
4.2
153
ratings on Goodreads

In the realm of business strategy, Michael E. Porter's "Competitive Strategy" emerges as a seminal work, reshaping the landscape of how companies approach the battlefield of market competition. With its publication, Porter unfurls the intricacies of industry dynamics through the lens of five foundational forces, a concept that has electrified academic and corporate worlds alike with its simplicity and profound insight. The book lays out a triad of generic strategies—cost leadership, differentiation, and focus—each acting as a beacon for companies navigating the treacherous waters of competitive positioning. This framework not only demystifies how competitive advantage is forged and sustained but also connects it intricately with profitability, offering a revolutionary perspective on the creation and distribution of profit. Beyond its immediate utility in forging strategies, Porter's masterpiece has cultivated a new domain of academic inquiry and practical application: competitor assessment. Having influenced over a million managers, scholars, and consultants worldwide, "Competitive Strategy" serves as a cornerstone upon which contemporary business strategy and competitive analysis rest. It transcends mere theoretical discourse, offering a robust, pragmatic lens through which companies can evaluate their competitors and carve out a profitable niche. In doing so, Porter's work stands not just as a guide for the strategic positioning of companies but as a transformative force that has redefined the very paradigms of management thinking for decades to come.

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Released
1980
1 Oct
Length
397
Pages

2

recommendations

recommendation

On Jamie Dimon's list of favorite books.
All entrepreneurs should read. - Bill Gurley
consumers tend to be more price sensitive if they are purchasing products that are undifferentiated, expensive relative to their incomes, or of a sort where quality is not particularly important to them.
— Michael E. Porter, Competitive Strategy

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