Blind spots in competitive analysis
Article Abstract:
The effectiveness of strategic planning in business and industry is greatly dependent on competitive analysis. By engaging in competitive analysis, strategic planners can better understand and predict the decisions of competitors. However, flawed analysis often results from the complex and time-consuming procedures involved in competitive analysis. If such defective analysis is left uncorrected, strategic plans may be rendered ineffective and may even be disastrous to the company. Six potential flaws in competitive analysis are presented along with suggestions on how to avoid them.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1993
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Charting the landscape of global competition: reflections on emerging organizational challenges and their implications for senior executives
Article Abstract:
Global competition is an emerging trend and it will be helpful for organizations to determine the patterns of emerging global competition that they may be better able to adapt. There is very little research effort on the influence of the environment on patterns of global competition but the interaction between the environment and business organization will probably explain the variation in global competition pattern. There is a need to develop an emergent adaptation strategy to cope with the increasing global competition.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1998
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Transforming technological pioneering into competitive advantage
Article Abstract:
Companies can use technological innovations to establish themselves as market leaders. Innovations can be developed and marketed so that the pioneering company becomes the single standard by which related technologies are developed. The innovation should be patented and marketed as a unique product that will create its own niche, thus avoiding competition. In addition, the company can license patents and copyrights and dictate low prices to the market.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1995
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