Competition and Business Strategy in Historical Perspective

Ghemawat Competition and Business Strategy in Historical Perspective

A review of theories of competition and business strategy over the last half-century reveals a fairly linear development of early work by academics and consultants into efforts to understand the determinants of industry profitability and competitive position and, more recently, to add a time or historical dimension to the analysis. The possible implications of the emergence of a market for such...

Modeling Competition-Driven Business Strategy for Business IT Alignment

Business strategy aims at supporting the vision of an enterprise, by paving the way to achieve it through goals that direct the strategy’s execution. Aligning business strategy to system requirements requires explicit models from both business strategy and requirements engineering. However, existing business strategy definition approaches are informal and their syntax is based on natural langua...

Modeling Business Strategy: A Consumer Value Perspective

Business strategy lays out the plan of an enterprise to achieve its vision by providing value to its customers. Typically, business strategy focuses on economic value and its relevant exchanges with customers and does not directly address consumer values. However, consumer values drive customers’ choices and decisions to use a product or service, and therefore should have a direct impact on bus...

Understanding logistics-based competition in retail: a business model perspective

Purpose Logistics scholars, as well as strategic management scholars, have in recent years shown that capabilities in logistics and supply chain management may be the foundation for a company’s sustainable competitive advantage. It can be argued that beside product-, production-, or market-oriented companies, there are also floworiented companies, in which the business models are based on super...

The direction of war: contemporary strategy in historical perspective.