Competitive Advantage For Private Sector And Public Sector

3598 WordsDec 17, 201415 Pages
Table of Contents Table of Contents 1 1) Competitive Advantage: 2 1.1) Private Sector and Public Sector: 2 1.2) Michael E. Porter’s Generic Strategies: 2 1.2.1) Cost Leadership 3 1.2.2) Differentiation 3 1.2.3) Focus 3 1.3) Competitive Advantages in Private Sector and Public Sector: 4 1.4) Resource Based View Approach: 4 • Valuable: 5 • Rare: 5 • Inimitable: 5 • Non-substitutable: 5 1.5) John Kay (1995) Model: 5 2) Hyper Competition in Business: 6 3) Corporate Strategy: 6 3.1) Dell’s Corporate Strategy: 7 3.2) Strategy of Adidas: 7 4) Corporate Parenting: 9 5) Ansoff Growth Matrix: 9 6) Conclusion: 10 References 12 Appendices 14 Appendices (A): 14 Appendices (B): 14 Appendices (C): 15 Appendices (D): 15 Appendices (E): 16 1) Competitive Advantage: Competitive advantage is supremacy gained by a company and is an invisible component of a company’s strategy. It has as its dependent noticeable components of a company’s strategy such as: mission, goals, strategic decisions, resources, time (Nilsson & Rapp, 2010). According to Michael E. Porter (2008), “a company’s competitive advantage, in essence, implies ensuring a reduced cost or a product or service that differentiates itself through its qualities from other products offered by others or by most competitors”. 1.1) Private Sector and Public Sector: Generally private sector is a composition of the private owned organisations and the organisations that are not a part of the government. The private sector includes personal
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