The End of Competitive Advantage - How to Keep Your Strategy Moving as Fast as Your Business

Rita Gunther McGrath

Key Facts and Insights from "The End of Competitive Advantage"

  1. Transient competitive advantage: The notion of sustainable competitive advantage is outdated. In today's fast-paced, ever-changing business landscape, companies need to seek transient competitive advantages.
  2. Continuous innovation: To maintain a transient competitive advantage, companies need to continuously innovate and pursue new opportunities.
  3. Discontinuous strategies: Companies should adopt discontinuous strategies and be ready to alter course as circumstances change.
  4. Healthy disengagement: Companies need to learn when to disengage from declining competitive advantages and channel resources to potentially more productive areas.
  5. Resource fluidity: Companies must encourage resource fluidity, where resources are moved...

    Please log in or register to view the full book summary.

Please log in or register to view the video summary.

Rohitash Gupta

Rohitash Gupta IN

ex-CFO, eClerx