7 Powers - The Foundations of Business Strategy

Key Facts and Insights from "7 Powers - The Foundations of Business Strategy"

1. The book provides a structural and systematic approach to business strategy, outlining seven distinct 'Powers' that can drive a company's long-term success. 2. These powers include: Scale Economies, Network Economies, Counter Positioning, Switching Costs, Branding, Cornered Resource, and Process Power. 3. Each power is a unique strategy that can provide a business with a durable competitive advantage. 4. The book emphasizes that a company should focus on one power at a time to maximize effectiveness and avoid diffusing their resources. 5. The author, Hamilton Helmer, uses...