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Competitive Advantage : Creating and Sustaining Superior Performance

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Title: Competitive Advantage : Creating and Sustaining Superior Performance
by Michael E. Porter
ISBN: 0-684-84146-0
Publisher: Free Press
Pub. Date: 01 June, 1998
Format: Hardcover
Volumes: 1
List Price(USD): $37.50
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Average Customer Rating: 4.67 (24 reviews)

Customer Reviews

Rating: 5
Summary: A Must Read For Any Senior Manager or Business Owner
Comment: Mr. Porter's book did an excellent job in outlining all the key areas that matter in the real world. Mr. Porter takes you through the exercise of properly choosing strategies (price, differentiation, technology) while focusing on buyer values to create sustainable competitive advantages and barriers.

His outline of industry segmentation helps to keep readers focused on properly using capital to maximize earnings and competitive positions (a common mistake in the business world). I found the read most helpful in structuring a much more sound strategic plan for my own company. Thank you to Mr. Porter for providing such a wonderful strategic guide.

CEO Profit Line of America, Inc.

Rating: 5
Summary: This book must be read by all strategists!
Comment: Porter has highlighted many important considerations for those who are pursuing possible strategies to employ for their organisation. In order to pursue generic strategies like cost, differentiation & quick response (recent), you would have to gear your value chain towards these options. Porter has shown how this may be done in his book which is a great reference for strategic formulation. However, in order to have the optimum strategy(s) for an organisation, you would have to consider the human side. Porter's book tends to sway towards the organisational design dimension. I recommend Miller & Dess's Strategic Management (McGraw-Hill Series in Management) for a complete overview of strategic management. Also look out for Warren Bennis's Organizing Genius for an insight into great teams.

Rating: 5
Summary: The Porter Advantage
Comment: I am an MBA student and the book, Competitive Advantage, by Michael Porter is one of the best books I have read on the theory of sustaining competitive advantage. The text illustrates the five forces theory and the generic strategies which companies must use as analytical tools in designing the right strategy to maintain supremacy in their field.

I recommend this book to anyone interested in gaining fantastic insight into Michael Porter's theories of competition.

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