Presentation is loading. Please wait.

Presentation is loading. Please wait.

GENERIC STRATEGIES COMPETITIVE ADVANTAGE Low Cost Differentiation Cost

Published byWhitney Potter Modified over 5 years ago

Similar presentations

Presentation on theme: "GENERIC STRATEGIES COMPETITIVE ADVANTAGE Low Cost Differentiation Cost"— Presentation transcript:

1 GENERIC STRATEGIES COMPETITIVE ADVANTAGE Low Cost Differentiation Cost
Leadership Differentiation Broad Target MARKET SCOPE Cost Focus Differentiation Focus Narrow Target Michael E. Porter, Competitive Advantage

2 COST + DIFFERENTIATION
FLEXIBLE PROCESSES STANDARD COMPONENTS, PARTS, PROCESSES PACKAGES OF OPTIONS PARTNERSHIPS - SUPPLIERS, BUYERS

3 FLEXIBLE PROCESSES FLEXIBLE MANUFACTURING FLEXIBLE PROCESSES/PEOPLE
MULTI-PURPOSE EQUIPMENT REDUCE CHANGE OVER TIME NUMBER OF FLEXIBLE PROCESSES/PEOPLE CROSS TRAINING FLEXIBLE THINKING

Download ppt "GENERIC STRATEGIES COMPETITIVE ADVANTAGE Low Cost Differentiation Cost"

Similar presentations

CHAPTER 2 IDENTIFYING COMPETITIVE ADVANTAGES CIS 429: Business Information Systems.

CHAPTER 2 IDENTIFYING COMPETITIVE ADVANTAGES CIS 429: Business Information Systems.
5-1© 2006 by Nelson, a division of Thomson Canada Limited. Business-Level Strategy Chapter Five.

5-1© 2006 by Nelson, a division of Thomson Canada Limited. Business-Level Strategy Chapter Five.
1 Core Competencies and Strategy The resources and capabilities that have been determined to be a source of competitive advantage for a firm over its rivals.

1 Core Competencies and Strategy The resources and capabilities that have been determined to be a source of competitive advantage for a firm over its rivals.
ENTR 452, Chapter 3 (Entrepreneurial Strategy). NEW ENTRY New entry refers to: Offering a new product to an established or new market. Offering an established.

ENTR 452, Chapter 3 (Entrepreneurial Strategy). NEW ENTRY New entry refers to: Offering a new product to an established or new market. Offering an established.
1 Knowledge Objectives 1.Define the term strategic management and explain components of strategy formulation and implementation 2.Understand synergy and.

1 Knowledge Objectives 1.Define the term strategic management and explain components of strategy formulation and implementation 2.Understand synergy and.
By: Kavita, Chris, and Jake PORTER’S GENERIC STRATEGIES AND FIVE FORCES.

By: Kavita, Chris, and Jake PORTER’S GENERIC STRATEGIES AND FIVE FORCES.
 Business Level Strategies are the course of action adopted by an organization for each of its businesses separately, to serve identified customer groups.

 Business Level Strategies are the course of action adopted by an organization for each of its businesses separately, to serve identified customer groups.
GENERIC COMPETITIVE STRATEGIES COST, LEADERSHIP, DIFFERENTIATION & FOCUS MMM SEM V.

GENERIC COMPETITIVE STRATEGIES COST, LEADERSHIP, DIFFERENTIATION & FOCUS MMM SEM V.
CHAPTER 4 Market-Oriented Strategic Planning. PERSPECTIVES OF THE FIRM  Objective of the firm is to:  Maximize profits - Economist  Maximize shareholder.

CHAPTER 4 Market-Oriented Strategic Planning. PERSPECTIVES OF THE FIRM  Objective of the firm is to:  Maximize profits - Economist  Maximize shareholder.
10.1 Capon: Understanding Organisational Context 2nd edition © Pearson Education 2004 Understanding Organisational Context 2e Slides by Claire Capon Chapter.

10.1 Capon: Understanding Organisational Context 2nd edition © Pearson Education 2004 Understanding Organisational Context 2e Slides by Claire Capon Chapter.
Chapter 8 8-1 CHAPTER EIGHT OVERVIEW SECTION 8.1 – OPERATIONS MANAGEMENT Operations Management Fundamentals OM in Business IT’s Role in OM Competitive.

Chapter CHAPTER EIGHT OVERVIEW SECTION 8.1 – OPERATIONS MANAGEMENT Operations Management Fundamentals OM in Business IT’s Role in OM Competitive.
Focus strategy Lecture No. By Salman Shahid. Business Level Strategy An organization strategy that seek to determine how an organization should compete.

Focus strategy Lecture No. By Salman Shahid. Business Level Strategy An organization strategy that seek to determine how an organization should compete.
CORPORATE STRATEGY Decisions about what markets to compete in Competing in these markets via existing operations, diversification, repositioning, Business.

CORPORATE STRATEGY Decisions about what markets to compete in Competing in these markets via existing operations, diversification, repositioning, Business.
IB Business and Management

IB Business and Management
IDENTIFYING COMPETITIVE ADVANTAGES Three common tools used in industry to analyze and develop competitive advantages include: – Porter’s Five Forces Model.

IDENTIFYING COMPETITIVE ADVANTAGES Three common tools used in industry to analyze and develop competitive advantages include: – Porter’s Five Forces Model.
LEVELS OF STRATEGY CORPORATE BUSINESS (SBU) FUNCTIONAL (OPERATIONAL)

LEVELS OF STRATEGY CORPORATE BUSINESS (SBU) FUNCTIONAL (OPERATIONAL)
Business Plan Your Proposed Company Name Here. Mission / Purpose of Your Business Give an overview here.

Business Plan Your Proposed Company Name Here. Mission / Purpose of Your Business Give an overview here.
Review At what levels are goals set?

Review At what levels are goals set?
What determines a firm’s competitiveness? – Business strategy How to compete – looks at how a firm competes within an industry or market. Also known as.

What determines a firm’s competitiveness? – Business strategy How to compete – looks at how a firm competes within an industry or market. Also known as.
Selecting Marketing Strategies A2 Business Studies.

Selecting Marketing Strategies A2 Business Studies.

Similar presentations

Ads by Google