How do you keep others from invading your strategic position

Assignment Help Other Subject
Reference no: EM131118455

LOGIC, ASSESSMENT, PROOF, AND JUDGMENT

How can you BETTER KNOW (LOGICALLY SUPPORT OR ‘PROVE') that you actually developed a good strategy that is: 1) A unique position (a unique specific fit), 2) Excludable (keeps others from taking away your advantage) and 3) Sustainable over a long term?

Last week, we discussed that experts, data and models are faulty - usually VERY faulty - as prediction (forecasting) tools. History surely gives important lessons, but does not repeat itself (sometimes it "rhymes" as the saying goes), so historical examples are suspect. Since a good strategy is by definition a UNIQUE position, the fact that a same or similar strategy works for a competitor (or worked for one once) is no proof that it will work for you in THIS particular macro, competitive and industry environment for your PARTICULAR firm in the future. Lastly, assuming it is a good strategy and you can convince others that it is...How do you keep others from invading your strategic position (fit) and taking away your advantages (How do you effectively EXCLUDE others - think COST of doing this as well as practical effectiveness)?

Have fun with this one - use examples.

Reference no: EM131118455

Questions Cloud

Cost of television advertising time : Nielsen ratings are very important to both advertisers and television programmers because the cost of television advertising time is based on these ratings.
A roasting-salting machine to produce roasted walnuts : Simple SA has just purchased a roasting/salting machine to produce roasted walnuts. The finance director asks for your advice on how the company should calculate the depreciation on this machine. Details are as follows:
What assumptions about the two populations : What assumptions about the two populations are necessary in Problem 10.2? 10.4 Referring to Problem 10.2, construct a 95% confidence interval estimate of the population mean difference between and 10.5 Referring to Problem 10.2, if and how many de..
Business to competitors undercutting pricing : You are the Vice President of Marketing. Over the past week you have received calls from 5 of the 8 regional sales directors indicating they have lost business to competitors undercutting pricing.
How do you keep others from invading your strategic position : How can you BETTER KNOW (LOGICALLY SUPPORT OR ‘PROVE') that you actually developed a good strategy that is: 1) A unique position (a unique specific fit), 2) Excludable (keeps others from taking away your advantage) and 3) Sustainable over a long t..
Describe the product offering and product strategy : This section is the heart of the marketing mix and should describe the product offering and product strategy. The product includes not only the physical unit but also its product depth and breadth of the line/service, package, warranty, after-sale..
Prepare strategy-evaluation report : Prepare a Strategy-Evaluation Report for PepsiCo Purpose This exercise can give you experience locating strategy-evaluation information. Use of the Internet coupled with published sources of information can significantly enhance the strategy-evaluati..
Admitting edelman to the firm as a partner : At April 30, partners' capital balances in YBG Company are: Younger $30,000, Beyer $16,000, and Giger $10,000. The income-sharing ratios are 5:3:2, respectively. On May 1, the YBGE Company is formed by admitting Edelman to the firm as a partner.
Rearrange the sentences into the correct order : Instructions: Use the following sentences to write a paragraph. You must rearrange the sentences into the correct order in a paragraph so there is unity

Reviews

Write a Review

Other Subject Questions & Answers

  Letter to chief health officer about your nursing experience

Letter to Chief Health Officer about your Nursing experiences dealing with Cardiovascular patient

  Old nationalities have sort of re-emerged

Why even in Britain, the old nationalities have sort of re-emerged. Or in the former soviet union, the nationalities that were surpressed have re-emerged (ie Ukrainians)

  Police recruitment and selection processatthe agency

Describe elements associated with the police recruitment and selection processatthe agency.

  Particular actions when studying moral theology

Why is it important to focus on virtues and not just on particular actions when studying moral theology?

  Schools tend to gear their curricula toward college prep

Which of the following is Not a characteristic of am effective school? Two of the essential features that characterize quality middle school. Which types of schools tend to gear their curricula toward college prep?

  Business of mining natural resources-btz machinery.

TRS is a major international company in the business of mining natural resources in Australia. Soon TRS will negotiate the purchase of heavy mining machinery from BTZ Machinery.

  Define the meaning of early intervention

Define the meaning of early intervention and explain its importance for very young children and their families. Support your thinking about early invention with the outcomes identified by Congress in IDEA 2004.

  What types of things are meaningless according to hume

What types of things are meaningless according to Hume?

  Describe the most important contribution

Submit a 2-page document in which you highlight the important contributions of the individual you selected. Your document should Outline the individual's path to working in the social work field. Describe the most important contribution(s) of the ind..

  Examine influences which promote stereotyping and present

analyze the influences that promote stereotyping and offer strategies to reduce prejudice. what are the consequences of

  Contemporary ethical issue of social significance

Of the following philosophers Plato, Aristotle, Aquinas, Kant, Benedict, Sartre, and Gilligan which one's ethical theories can be closely related to a contemporary ethical issue of social significance.

  Area of cognitive development

A description of your chosen area of cognitive development. A summary of the current knowledge that exists on your chosen theme.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd