Competing
Strategy & Business published a review for The Curse of The Mogul, which we’ve read recently. It’s a must-read for several reasons: media, capital allocation, competitive strategy and leadership. Not that we agree with Greenwald 100%. Chapter 2, on competitive strategy, is especially interesting because it assesses the competitive strategy framework from a specific industry’s standpoint (always better than ‘generic speeches’) and it was useful for thinking about other industries as well.
We have put together a small collection of links regarding competition and corporate strategy as defined by Harvard’s Michael Porter. As this blog will always remind readers, “take it with a grain of salt”! No matter how famous the expert, how “make-sense” his arguments, always check, search for contradictions and weaknesses and then make up your own mind.
Underdogs stand a better chance to win when they don’t play by the “rules” – when they innovate. Can’t beat the opponent at his game? Change the game. From a basketball team of 12-yr-old white girls making it to the Nationals to David to Lawrence of Arabia, Malcolm Gladwell’s (long) article at the New Yorker [...]