Producing sustainable competitive advantage Essay

At the outset, this paper aims to establish what constitutes a sustainable competitive strategic advantage, and the methods through which this can be achieved. Barney (1991) in his research established that a company is able to develop and sustain a competitive strategic advantage when it implements value creating strategies that are unique to the company, and when the benefits of these strategies are difficult to duplicate. Based on this definition, this paper identifies customer loyalty, acquisition…

Introduction Competitive advantage can be defined as a means by which a firm manages to keep making money, add value by providing distinct products and sustain its position against its competitors. Wal-Mart Stores Inc. is one of such companies in the retail sector that has achieved sustainable competitive advantage over a period of time. ¬This report focuses on how Wal-Mart has achieved competitive advantage by adopting cost leadership strategy and providing consumer goods at lower prices. The report…

Anhueser-Busch/InBev: A Sustainable Competitive Advantage! ! Operations Management is a key component in the success of any firm. The textbook outlines ten critical areas to focus on for Operational Managers--many firms have developed these one or two of these areas into a competitive advantage. One firm, Anhueser-Busch/InBev has successfully incorporated all ten areas of focus and developed them into a legacy of quality and a sustainable competitive advantage. This focus on Operations Managemnt…

evaluate whether and how Zara generates sustainable competitive advantage Introduction The Resource-Based View, is a model that sees resources a key to superior firm performance. Resources include all assets, capabilities, organizational processes, firm attributes, information, knowledge and other major elements controlled by a firm’ (Barney, J, 1991). Theoretical Models- (Heterogeneity and First-Mover Advantage) A model identified is that of the ‘first-mover advantage’ (Lieberman & Montgomery 1988). This…

Criteria used to create Sustainable Competitive Advantage, in relation to Core Competencies, Resources, and Capabilities Word Count: [ ] This article explains the concept of sustainable competitive advantage, the relationship between strategic management and the four specific factors in relation to core competencies, resources and capabilities. It encompasses the Issues relating to competitive performance, and a critical view on how acknowledgement of these issues enables managers to gain an…

What is Sustainable Competitive advantage? Sustainable competitive advantage (SCA) is the remarkable position that a company or organization builds in order have an upper hand over its competitors that helps the business outperform from the rest consistently. “Sustainable Competitive Advantage is the unique position that an organization develops in relation to competitors that allows it to outperform them consistently” (Hofer and Schendel, 1978). SCA is basically the value creating process and position…

possible source of competitive advantage. It should be noted that human resources and their management play an important role to asset the organisation to achieve the goal. It be identified the linking between strategic goals and human resource as strategic human resources management (SHRM), which is one of key element of achieving sustained competitive advantage. This essay presented the selected two approaches that the extremely useful in achieving sustained competitive advantage. These approaches…

have a sustainable competitive advantage” (Porter M. E., 2008). The airline industry is the highest competitive industry, and I believe a sustainable completive advantage is essential to succeed in the future of the aviation industry. The competitive advantages that an airline embrace, needs to be based on the airlines strategy and differentiation to competitors. Emirates displays how it has a strategy and how the airline gets ahead of its competitors through how unique it is. A sustainable competitive…

|Producing sustainable competitive advantage through the | |effective management of people | | | | | Impressive remarks The author points out thirteen practices for managing people in order to achieve a competitive advantage. I am impressed by the way the author points out the importance of the workforce and how it is managed. The importance: As…

A key to achieving competitive advantage is producing a product that has value (Fortenberry, 2010). To achieve value Health Smart Nurse Consulting Group (HSNCG) has to engage in activities that that can build value. Michael Porter Value Chain will be utilized to identify value-producing activities that are within in the consulting group. If these activities run efficiently, the company will gain competitive advantage of the product or service. All the activities in an organization have cost, and…