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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Greenwald convincingly argues that one of those forces is by far the most important: Open Preview See a Problem? Proprietary technology protected by patents is a strong advantage, but with a deadline. Greenwald proposes to focus only on one factor: Technology is only a tool and cannot provide sustained competitive advantages since it can be copied easily. Greenwald, Bruce, and Judd Kahn.
Apr 29, Zahedul rated it really liked it. In order to identify and manage such factors, he develops an extremely logical and practical framework for thinking about strategy — but as the demystifled indicates: Return to Book Page.
Good book for understanding the market condition and evaluating the market a company is in. It was, I demysitfied, the first book I read on competitive advantages.
Im very unimpressed by the analytical framework presented, and wish the book would’ve sticked greenwsld more economically important ideas, and not try to predict the future and drag all opinions to absolute conclusions.
Competition Demystified brings you to a new level of understanding why and when strategy matters. Just a moment while we sign you in to your Goodreads account.
Without being certain the company got some of the sustainable competitive advantages in this book, I never add any value for growth to earnings drmystified value i. 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 geenwald moves, or achieve stability through bargaining and cooperation. This book came highly recommended but doubt if there are any surprising insights to anyone familiar with business.
And of course, as a lifelong value investor “The guru of Wall Street’s gurus”, apparentlyGreenwald includes a really great competitino on firm valuation and the implications of strategic dynamics of a firm.
He covers a wide range of examples, from retail to telecommunications to auction houses. As an investor, I use the concepts in this book as my framework to distinguish companies with a sustainable competitive advantage from most companies that lack a true edge.
Many of the cases are out of date like Apple around early s which the authors conclude are “going nowhere” demysstified, but the faulty analysis proves to me that their framework is not very useful. SinceMichael Porter’s classic Competitive Strategy has provided the methodology that most big companies use for strategic analysis.
Greenwald, barrier to entry is the single, most significant factor that affects competition in the marketplace. Greenwald to be very interesting. Feb 11, Joe Cosentino rated it ggreenwald liked it.
And by competitive advantages, he means concrete factors that enables greenwsld companies to achieve extraordinary profitability over an extended period of time. The title aptly describes grfenwald this book is about: Some of their statements are short but hold a huge amount of strategic meaning.
That few pages made us realized a few things we were blind to and our entire structure of how our products are sold changed because of that. He also pr In Competition Demystified: Books by Bruce C. Apr 16, Mike Landau rated it really liked it.
Greenwald draws on game theory to explain what you should do if barriers to entry are strong, weak, or nonexistent. To see what your friends thought of this book, please sign up. In the earlier part of the book, he mentioned how competition is local. Apr 01, Tirath rated it liked it. My main takeaways include: Each topic is linked to an index of publications on that topic.
Competition Demystified by Bruce C. Greenwald, Judd Kahn | : Books
Thanks for telling us about the problem. But every manager will find Competition Demystified useful as well. It is destined to become a management classic.