Competitive Advantage: A firm’s edge comes from unique strengths—craft strategies that highlight these.
MICHAEL E. PORTER
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Today's readers, tomorrow's leaders. I explain handpicked books designed to transform you into leaders, C-level executives, and business moguls.
Essential strategies for a competitive edge—Porter’s must-reads refine your path to success.
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A competitive advantage can vanish
The only thing harder than gaining a competitive edge is not losing an advantage when you have one.
Sears was the largest retailer in the world and so dominant at retailing efficiency that it could spread its efficiency to unrelated industries. But then the growing inco...
1. Do a competitor analysis
First, identify your competitors. You can do this by doing a quick google search and subscribing to the your competitors' newsletters. Gather all the information you can get.
Secondly, analyze your competitor's strengths and weaknesses. What do they have that you don't and how can you incor...
Most people won’t make an extraordinary effort. They’ll make an ordinary effort. The only competitive advantage comes from having people who will make an extraordinary effort.
FRANK SLOOTMAN
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