Acumen Partners Articles

Book Recommendation: Competitive Strategy

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Competitive Strategy: Techniques for Analyzing Industries and Competitors

by Michael E. Porter

Ratings: MUST READ Right Things: 5.0;   Right Way: 4.5;   Right Team: 4.5;
TOTAL: 4.7 
Leadership/Management Maturity: ___ Entry (0–1yrs); ___ Early (1–3yrs);   Competent (3-5yrs);    Proficient (5-10yrs);   Expert (10+yrs);
Target Audience: C-Suite, Senior Leadership, Management/Leadership Development
Target Business Stage: Start-up Stage; Growth Stage; Established Stage;
Est. Reading Time: 8-10 hours, 397 pages


Competitive Strategy is a must read for any business professional who interacts with business strategy. By default, that includes all business dreamers, start-up leaders, and the management, executive, and C-Suite personnel for any growth or established company…and anyone aspiring to fill any of those positions.

Required reading by many MBA programs, Competitive Strategy clearly maps fundamental market realities that have either directly or indirectly inspired most leading business thinkers to rise over the past 40 years.

Key Concepts Include:

  • How to accurately evaluate market conditions and map changes that impact the competitive environment in which your company engages.
  • Core competitive positions to take in any market condition and how to respond to moves from your most dangerous competitors.
  • How to develop superior longer-term offensive and defensive competitive strategies in dynamic market conditions.
  • How to identify and avoid the most damaging competitive conditions and company situations

Competitive Strategy is a MUST READ regardless of whether your business is a for-profit or non-profit; or must deal with government bureaucracy in order to succeed.  Several of Dr. Porter’s follow-on books take the core principles introduced in Competitive Strategies and applies them more directly to special or unique industry, national, or global conditions.

 


Amazon Link: http://ow.ly/BV0S30cxhZ7
Audible Available: http://ow.ly/mS5u30cxibX
Author: Michael E. Porter
Author Bios https://www.linkedin.com/in/professorporter/

https://twitter.com/michaeleporter

https://www.amazon.com/Michael-E.-Porter/e/B000AQ3BBY

http://www.hbs.edu/faculty/Pages/profile.aspx?facId=6532

https://en.wikipedia.org/wiki/Michael_Porter

Copyright/Publisher: 1980 by The Free Press (Division of Simon & Schuster, Inc.)
ISBN-13: 978-0684841489
ISBN-10: 0684841487
Acumen AdminBook Recommendation: Competitive Strategy

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