Author: Michael Porter
Notes:
Book Goals - Framework of analytical techniques to help a firm
- analyse its industry and predict its future evolution
- Understand competitors and its own position
- Translate analysis into competitive strategy
Competitive Strategy
- Broad formula for how a biz is going to compete, what its goals should be and what policies required to carry out those goals
- Wheel of Competitive Strategy
- Context of Formulation of Competitive Strategy
- Tests of Consistency of goals and policies (comp strat)
- Process for formulation
General Analytical Techniques
- Structural Analysis of Industries
- Competitor Analysis
- Market Signals
- Competitive Moves
- Strategy Toward Buyers and Sellers
- Structural Analysis within Industries
- Industry Evolution