Summary
In a competitive marketplace, understanding the core elements that grant lasting advantage is essential. This book offers a structured framework to identify and build sustainable business strengths. It moves beyond fleeting tactics and explores the foundational forces that create enduring economic moats, providing leaders and strategists with tools to design and evaluate strategic options methodically.
- Seven distinct types of business powers form the basis of sustainable competitive advantage.
- Scale economies create barriers by reducing costs as production grows, discouraging new entrants.
- Network economies increase a product's value as more users join, reinforcing customer retention.
- Counter-positioning leverages new business models...
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