Tag
Entries tagged competition.
3 entries
Stop fighting rivals in a crowded market; create uncontested market space where competition does not yet exist, by delivering differentiation and low cost at once.
8 min
Mental modelIncumbents lose not by managing badly but by managing well: they serve their best customers and cede the low end to cheap, inferior entrants who improve upward and displace them.
8 min
Mental modelAn industry's long-run profitability is decided by five structural forces, and strategy is the search for a position where those forces are weak and defensible.
7 min