Cover image for Competing in the Right Space : A Process for Developing the Right Priorities Through Strategic Thinking.
Competing in the Right Space : A Process for Developing the Right Priorities Through Strategic Thinking.
Title:
Competing in the Right Space : A Process for Developing the Right Priorities Through Strategic Thinking.
Author:
Putsis, William.
ISBN:
9781118747025
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (145 pages)
Contents:
Compete Smarter, Not Harder: A Process for Developing the Right Priorities Through Strategic Thinking -- Contents -- Introduction -- Chapter 1: The Importance of Fundamentals -- Sunk Cost Fallacy -- Distinguishing Rizzutoisms and Sheer Folly from Business Brilliance -- The Key Is Attributes, Not Core Competencies -- The Master of Salient Differentiators: Apple -- Process -- The Importance of Reinforcing Business Models -- Grocery Delivery -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 2: Finding the Right Market Opportunities -- TDS-A Transition to the Publishing Supply Chain of Today -- MP3.com, Apple, Sony and Lessons Learned Today -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 3: Managing the Risk of Growth -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 4: Choosing and Competing Effectively -- The Story of the Agricultural Chemical Manufacturer and the Helicopter Pilot -- Legacy Frameworks: The Industry's Supply Chain -- The Value Chain, Strategic Control Points, and Competency Gaps-Jeppesen's Expansion into the Marine Environment -- Key Points in Developing a Strategic Control Point -- Expanding along the Value Chain Follows a Classic Process -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 5: Targeting the Right Customers in the Right Space with the Right Offering -- The Story of Henry Ford and the Vagabonds -- Intuition -- Nike's Beachhead Strategies-Getting to the Key Segments and Following the Money -- American Express and the Strategic Implications of Segmentation Choice -- Process -- How-to Guide for Managers -- Segmentation Exercise -- Chapter Summary and Key Business Principles -- Some General Rules to Remember -- Key Business Tools -- Chapter 6: Understanding Your Customers in the Right Space.

Choice Analysis and Customer Insight, Quantified -- Research-Be Wary of Sales Force Intelligence -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 7: Vertical Incentive Alignment and Asset Specificity -- Virtual Vertical Integration -- Issues That Arise -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 8: Setting Tactics in Today's Environment -- The Story of the Whaling Ship Essex . . . Why What You Know May Be More Dangerous than What You Don't -- Points of Positioning -- Points in Time-Offering Timing -- Points of Value-Value Extraction Considerations -- Winner's Curse -- The "Yes but . . ." Winner's Curse Rizzutoism -- How to Take Advantage of the "Yes but" Winner's Curse Rizzutoism -- Points of Access-Strategic Barriers to Entry and the Story of Blockbuster -- Points of Touch-The Embodiment of Your Strategy -- Chapter Summary and Key Business Principles -- Key Business Tools -- Chapter 9: What Is So Different about Today? Conclusions and Lessons for the Future -- Speed -- Interconnectedness -- Ubiquity (Mobile) -- Always On -- Notes -- Index.
Abstract:
How to compete in the right space for greater profitability and growth The Internet, mobile technology, the ubiquity of information and the availability of big data have dramatically increased the speed and impact of success and failure. Companies today know that they must be competitive, but precisely where, and more importantly how, to compete is not always easy to identify-until now. Compete Smarter, Not Harder explains how to prioritize market opportunities so that a company's strengths in one area can be leveraged across multiple markets. Using cutting-edge academic research and extensive industry practice, author William Putsis outlines the strategic decisions needed to determine which space provides the best margins, overall profitability, and growth potential. Details a step-by-step process for strategic prioritization, from strategic market selection to the tactics of execution, providing competitive advantage across markets Written by Doctor William Putsis, a professor of marketing, economics, and business strategy at the University of North Carolina at Chapel Hill, who has consulted and led executive development efforts with leading companies throughout the world Prioritize with conviction. Make absolutely sure that all of your hard work goes toward the right space.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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