Creating sustainable competitive advantages - Offensive and defensive competitive strategies
6 important questions on Creating sustainable competitive advantages - Offensive and defensive competitive strategies
What are four competitive strategies?
- Niche (or focus) strategies
- Harvest (or reaping) strategies
- Deletion (divestment) strategies
What is the difference between a holding and defensive strategy?
Defensive strategies
While in some markets competitor aggression may be low, making a holding strategy relatively easy to execute, in most, especially where the potential gains for an aggressor are high, more constructive defensive strategies must be explicitly pursued
What is a market nich strategy?
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What is a harvesting strategy?
What is a divestment/ deletion strategy?
What type of manager fits to each strategy?
Ø Administrators to hold position
Ø Focused creators to niche
Ø Economizers for divestment
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