- Hardcover: 397 pages
- Publisher: Free Press; 1 edition (June 1, 1998)
- Language: English
- ISBN-10: 0684841487
- ISBN-13: 978-0684841489
- Product Dimensions: 6.5 x 1.5 x 10 inches
- Shipping Weight: 2.4 pounds (View shipping rates and policies)
- Average Customer Review: 140 customer reviews
- Amazon Best Sellers Rank: #21,697 in Books (See Top 100 in Books)
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Competitive Strategy: Techniques for Analyzing Industries and Competitors 1st Edition
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About the Author
Michael E. Porter, one of the world's leading authorities on competitive strategy and international competitiveness, is the C. Roland Christensen Professor of Business Administration at the Harvard Business School. In 1983, Professor Porter was appointed to President Reagan's Commission on Industrial Competitiveness, the initiative that triggered the competitiveness debate in America. He serves as an advisor to heads of state, governors, mayors, and CEOs throughout the world. The recipient of the Wells Prize in Economics, the Adam Smith Award, three McKinsey Awards, and honorary doctorates from the Stockholm School of Economics and six other universities, Porter is the author of fourteen books, among them Competitive Strategy, The Competitive Advantage of Nations, and Cases in Competitive Strategy, all published by The Free Press. He lives in Brookline, Massachusetts.
Top customer reviews
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Everyone else writing on this topic after Porter is pretty much saying, "Me too". Start with the original.
Reading Art of War and those kinds of books gives you another kind of strategy, which is very useful in combination with the things Porter gives you. Basically, I think Porter has done a great job of "summarizing" the strategy-process, and this is why the book is fo famous, and it is also why I give it 4 and not 5 stars. With sound theory and thorough work you will get the same insights as with Porters framework, and you will also be better equipped to deal with the peculiarities in every situation. Nevertheless, many peole don't have time/the interest for more than a summary, so for them this book is great. And for the rest it's great to get through it to learn the "common language" that is prevalent in the industry of strategy and anlysis today.
This is THE seminal book for defining how businesses compete.
As technology fads and internet business models ("New economy") come and go, every company must still address the basics of competition as outlined within this book. The frameworks within the book outline:
-How to assess the competitive structure of your industry,
-Generic competitive strategies
-Effects of market signals on competitive behavior
-Competitive moves in response to your strategy
-Competitve strategy in a number of different market environments
-Impact of strategies such as Vertical integration, growth through new products, scale, and M&A
-... much more
You will use this book as a reference, and find it is timeless. It is no wonder the Mr. Porter is widely regarded as the preeminent strategist.
To put this in practice I recommend books on gaming theory.