Greenwald, Bruce C. N.. Competition demystified: a radically simplified approach to business strategy / Bruce Greenwald and Judd. Kahn. p. cm. Includes index. Competition Demystified: A Radically Simplified Approach to Business Strategy professor Bruce Greenwald offers a bold new theory of competition – a theory. In Competition Demystified, Bruce Greenwald and Judd Kahn define strategy as outward facing decisions addressing two primary issues: the.
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Competition Demystified – Hurricane Capital
If a company can erect strong barriers to entry – through customer captivity, lower production costs, or economies of scale – it can manage these advantages, anticipate competitors’ moves, or achieve stability through bargaining and cooperation. In fact, many of them are solutions to Harvard Business School cases.
Oct 08, Forrest Hosten rated it it was amazing. I loved the chapter on Nintendo and the lasts chapter are rbuce good.
While the framework is simple, Greenwald backs up his ideas heavily with case studies. They’re trying to give insight into the business-cases presented from an investors standpoint, but fail time and time again. I re read the first chapters. He also is very colorful with his language just like in classand has some very memorable business insights like, “In the long run, everything is a toaster. Abstract From the publisher: Competition dmystified is legit one of the best books in the entire category of business.
Be the first to ask a question about Competition Demystified. Each theoretical concept, no matter how short, is accompanied by loads of examples. What is needed for a sustainable competitive edge?
Like the DCF method and how it is fundamentally flawed by mixing good info with bad info past sales with future projections. I expect it to be helpful in my job as a consultant to customers as well as my internal management role. In the earlier part of the book, he mentioned how competition is local. I think this book could be one of the go to books for an investor or business owner.
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Competition Demystified: A Radically Simplified Approach to Business Strategy
Just a moment while we sign you in to your Goodreads account. The first half of the book introduces this idea via case studies indicating the sources of barriers to entry and thus competitive advantage and the strategic analysis process that one should undergo to identify the existence of barriers to entry.
This book is the only book I know that demystivied kind of against Porter’s five forces and makes legit arguments. Through the use of thesis and hypothesis with real world examples. However, the author’s idea on how to analyze each competitive market, I find it to be useful.
Competition Demystified by Bruce C. Greenwald, Judd Kahn | : Books
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Market position is key for long-term profitability, usually together with either proprietary technology or customer captivity. If it does, the firm needs to figure how to best manage its interactions with its competitors. Competition Demystified brought the strategic perspective to current and real world terms. Economies of scale experienced by incumbents demystiified a major barrier to entry for new entrants. Rich opinions and expertise’s comments.
I felt this book was more helpful in understanding the pursuit of business strategy than books like The Art of War. Many investors and analysts are too optimistic about growth, especially after meeting a charismatic CEO with an aggressive plan for expansion.
Examples help to drive home the point, but another that belongs on every investor’s bookshelf. Dejystified Greenwald argues that there is only one essential factor in determining competitive advantages: I didn’t love it all, but there are some chapters that are really interesting. Perhaps I just had terrific strategy professors in grad school, but TAoW seemed too plain and bland to me, grrenwald like I was reading something I had read or learned before.
It would benefit from being more structured and to the point. Nov 21, David Skinner rated it it was amazing.
Grossly simplified it is this. To ask other readers questions about Competition Demystifiedplease sign up. Good book for understanding the market condition and evaluating the market a company is in.
No trivia or quizzes yet. Greenwald has build a framework from Michael Porter’s famous theories, but put into an updated and more simplified form. However, I would say that at times it can be quite boring and lengthy.