Simply copying the strategies of existing players is not enough for success in the competition. Whether it is an existing market or a new market, it is important to develop methods to add more value at a lower price in order to increase the value limit. For most companies, this is an ad hoc procedure, which are rarely structured. In addition, existing frameworks such as the value chain very good at explaining strategy after the fact, but not so good at helping managers are designing a strategy from scratch. Developed a s … Read more »

Simply copying the strategies of existing players is not enough for success in the competition. Whether it is an existing market or a new market, it is important to develop methods to add more value at a lower price in order to increase the value limit. For most companies, this is an ad hoc procedure, which are rarely structured. In addition, existing frameworks such as the value chain very good at explaining strategy after the fact, but not so good at helping managers are designing a strategy from scratch. Developed a simple framework that all companies can use to design successful strategies with the tactical details can be clearly defined in the planning. This framework provides managers with more choices in the development of new business models.
«Hide

from
Sayan Chatterjee
Source: California Management Review
18 pages.
Release date: 01 February, 2005. Prod #: CMR302-PDF-ENG
Core objectives: Clarity in Designing Strategy HBR case solution

[related_post themes="flat"]