Creating Competitive Advantage Note Pankaj Ghemawat Jan W Rivkin 2002

Creating Competitive Advantage Note Pankaj Ghemawat Jan W Rivkin 2002

Case Study Analysis

Creating Competitive Advantage in the Global Environment This case analysis examines a global company’s approach to “creating competitive advantage” in today’s global environment. The case involves a global company’s approach to developing a new product strategy for an emerging market. The world today is global. Globalization has created new opportunities, challenges, and threats. The global competitive landscape is increasingly complex, with a higher share of global competition (Pang et al., 2000). Competitors are coming from emer

PESTEL Analysis

In today’s business world, it is difficult to make business more successful than rivals. The reason behind is that in this business world, new competitors come up almost every day. Apart from this, competitors try to stay in the market longer, by means of increasing their market power. An analysis of PESTEL Analysis is conducted in this paper. According to this analysis, there are three major factors, which are: 1. Political Environment (PE): The political environment is characterized by the political scenario of the country in which a business operates

Case Study Solution

The following is a note, based on the case study on “Creating Competitive Advantage” by Pankaj Ghemawat, Jan W. Rivkin and W. Edwards Deming, published by Harvard Business School Publishing (www.hbsp.harvard.edu). Paper: Creating Competitive Advantage Authors: Pankaj Ghemawat, Jan W. Rivkin, and W. Edwards Deming Publisher: Harvard Business School Publishing (www.hbsp.harvard.edu) Paper

Porters Model Analysis

1. Creating Competitive Advantage 2. Porters Model Analysis Competitive Advantage is one of the fundamental principles of business strategy, which helps organizations to improve their ability to win customers and to achieve economic success. The PORTER framework is a commonly used approach to explain this principle. This essay will describe and analyze this framework. 1. Strengths: The key strategic strengths of a company can be divided into two groups: tangible and intangible assets. Tangible assets refer to physical properties and assets such as

BCG Matrix Analysis

1. Identify your competitors – Identify the competitors’ strengths and weaknesses – Create a matrix that describes each company – The matrix should be 4×4, with rows representing the competitor’s strengths, and columns representing its weaknesses. 2. Match your strengths to your weaknesses – Rank each company’s strengths – Decide which company needs to invest in which areas to create a significant competitive advantage 3. Focus on areas that will drive profitable growth – Determ

Problem Statement of the Case Study

Creating competitive advantage for organizations that is different from and superior to others’ efforts is the greatest challenge that an organization can face. The process of creating competitive advantage involves achieving four steps. my response These steps include; strategic differentiation, market differentiation, differentiation of capabilities, and differentiation of resources (Ghemawat et al., 2002). Strategic differentiation involves defining the nature of the organization’s core competencies, and this is done to align the company objectives with these core competencies. It enables the organization to differentiate itself

Alternatives

“How to Win in an Uncertain World”, Pankaj Ghemawat and Jan W. Rivkin, Journal of Management Studies 37, (1): 55-74. This is the main idea of the article. Acknowledgment: The authors are too kind to give any thanks, but some more information might help: “Creating Competitive Advantage” by Jan W. Rivkin and Pankaj Ghemawat first appeared in the Journal of Management Studies in 2002. In