Sublime

What is the price of admission for a company to enter the business?

which activities are embedded, are the basic units of competitive advantage.

“The essence of strategy,” Porter often says, “is choosing what not to do.”

Good strategies depend on the connection among many things, on making interdependent choices.

The first is that you begin to see each activity not just as a cost, but as a step that has to add some increment of value to the finished product or service.

Using five forces analysis simply to declare that an industry is attractive or unattractive misses its full power

Competing to be the best feeds on imitation. Competing to be unique thrives on innovation.

In war, there can be only one winner. Victory requires that the enemy be crippled or destroyed.

The most common error of all is that competitive success comes from “being the best.” This mind-set is highly intuitive. It is also self-destructive, leading to a zero-sum race to the bottom. Only by competing to be unique can an organization achieve sustained, superior performance.