¶ … strategy?
Strategic positioning means offering different goods and services from rivals or offering goods and services in a unique way.
The company must provide a unique product or service, in contrast to its rivals.
This might include offering a relatively narrow range of services to a broad range of customers or serving the many needs of a targeted niche market.
The reverse is also true: a company can serve broad needs for a narrow market and narrow needs for a niche market.
Strategy requires trade-offs: no company can do everything well and be all things to all people.
There must be a good 'fit' between disparate company activities to achieve organizational efficiency.
Operational effectiveness (OE) means performing certain actions better than competitors such as improving quality and speed.
A. OE has received increasing emphasis in management literature in recent decades.
B. Maximizing the productivity frontier to improve organizational efficiency is critical for OE: this means being more productive by pushing the frontier using new techniques (such as Total Quality Management practices) or technology. Companies can 'do more with less' (fewer labor and input costs) through OE.
C. But regardless of OE, reducing competitive convergence (i.e., not being the same as one's competitors in terms of goods and services...
"Serving small rather than large customers or densely rather than sparsely situated customers are other examples in which the best way to configure marketing, order processing, logistics, and after-sale service activities to meet the similar needs of distinct groups will often differ" (Porter, 1996, p.67). But choosing a unique position, however, is not enough to guarantee a sustainable advantage. A competitor can reposition itself to match a superior performer by
Strategic Management It is very important that the factor of 'change' figures within an organization prominently. Different people utilize different approaches to implement these changes, and most often, it is that particular method that suits the organization the best that is used. Among some of the tried and tested methods of implementing change within an organization is the 'Delta Technique', which is one of the more popular and extremely successful methods
These categories, along with analytical information, are as follows, in no particular order: MARKET SHARE- Competitive pressures and the tendency of consumers to be exceedingly fickle pose threats to Panera Bread's maintenance of current market share and the gaining of market share in the future. Therefore, strategy must be undertaken that will hold and grow market share as the company moves forward. INNOVATION- it is important to understand that the dietary
In short, it might be difficult for a small firm to incorporate all of this various evidence from such a large, industry-wide perspective, and to take into consideration the various global implications of even a niche market upon the firm's future strategies. Sometimes, focusing on small improvements might be the more feasible strategy in the short run. PIMS strengths and weakness is its far-reaching, ambitious, and all encompassing perspective. However,
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