What's Your Competitive Advantage?: 7 strategies to discover your next source of value

What's Your Competitive Advantage?: 7 strategies to discover your next source of value

by Cliff Bowman (Author), Cliff Bowman (Author), Paul Raspin (Author)

Synopsis

This business book is great for leaders, middle managers and entrepreneurs interested in the following categories;

  • STRATEGY
  • LEADERSHIP AND MANAGEMENT
  • ENTREPRENEURSHIP

What's Your Competitive Advantage offers a way to work with the realities of a complex world and the changing needs of your business.

We live in a complex world, no-one can predict the future and we can't anticipate the ultimate impact of any actions we take. These realities make the task of successfully leading a business incredibly challenging. What's Your Competitive Advantage? offers a way to work with the realities of a complex world and the changing needs of your business.

Choose from the seven value plays to set the broad direction the firm should head in, and gain your competitive advantage. Each play has an associated set of capabilities which deliver customer value efficiently:

SPECIALIZATION - choose to focus on a single product or product group and compete through superior product performance.

ADAPTIVE - increase the system's ability to respond to changing circumstances, particularly to

changing customer needs.

LOW COST - Deliver equivalent product quality compared to competitors but with a continual and

relentless focus on cost reduction

INNOVATION - Competing through product innovations.

EXCELLENCE - Continuous incremental improvement of product or service quality

NO-FRILLS - Serve price sensitive customers with a stripped down alternative product or service.

TARGETING - Focus on a specific market segment and serve the needs of these customers more effectively than less targeted rivals.

Built on insights from research into economics, strategy, organization theory and complexity science, you'll discover a practical approach to creating value for your business in turbulent times, with advice on how to enable these plays with the structures, systems and culture of your business.

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More Information

Format: Paperback
Pages: 336
Edition: 1
Publisher: FT Publishing International
Published: 20 Dec 2018

ISBN 10: 1292259396
ISBN 13: 9781292259390

Author Bio

Cliff Bowman is Professor of Strategic Management at Cranfield School of Management, UK. He previously held the post of Dean of the School of Management and Director of Graduate Programmes, and is a past Chairman of the European Case Clearing House. Cliff has also been a non-executive director for Institute of Physics Publishing Ltd. Bowman's 'Strategy Clock' which emerged from his PhD is a widely use tool for analysing the competitive positioning of products.

Paul Raspin completed a PhD in Strategy Management at Cranfield School of Management in 2004. He established Stratevolve, a strategy consultancy in 2001, which works with executives and senior management teams to develop effective business strategies, resolve complex business issues, and develop strategic investment options. Paul is also a visiting senior fellow at Cass Business School where he delivers strategy and finance courses to Executive MBA students.