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Competitive Strategy
- Techniques for Analyzing Industries and Competitors
- Narrated by: Scott R. Pollak
- Length: 15 hrs and 31 mins
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Publisher's summary
Now nearing its 60th printing in English and translated into 19 languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world.
Electrifying in its simplicity - like all great breakthroughs - Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies - lowest cost, differentiation, and focus - which bring structure to the task of strategic positioning. He reveals how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment.
More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the audiobook address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing.
Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century. Competitive Strategy is skillfully narrated by Scott R. Pollak.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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Considered an indispensable source of cutting-edge research and ideas among the world's top investment firms and money managers, the journal The Manual of Ideas boasts a subscriber list that reads like a Who's Who of high finance. Written by that publication's managing editor and inspired by its mission to serve as an "idea funnel" for the world's top money managers, this book introduces you to a proven, proprietary framework for finding, researching, analyzing, and implementing the best value investing opportunities.
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When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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How can great companies do everything right - identify real customer needs, deliver excellent innovations, beat their competitors to market - and still fail? The sad truth is that many companies fail because they focus too intensely on their own innovations, and then neglect the innovation ecosystems on which their success depends. In our increasingly interdependent world, winning requires more than just delivering on your own promises. It means ensuring that a host of partners - some visible, some hidden - deliver on their promises, too.
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Great book
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Liked it better when it was written by Taleb
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Fantastic book - volume lower than usual
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What listeners say about Competitive Strategy
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Pete DeLay
- 01-22-23
Very well done
A Very well done work. A must read for any serious student of business strategy.
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- Mulamfu C. Simuyuni
- 11-07-19
Excellent Book
The Best business book I have read so far. A must read for every entrepreneur.
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2 people found this helpful
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- Here4Quality
- 05-20-22
Competitive Strategy
Fantastic read for market insights and analysis. Definitely one to keep in the aresenal!
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- Consumer Expert!
- 05-20-23
My best purchase yet!
Amazing job on every front! This book was definitely worth the credit I spent on it. It’s full of helpful information if you’re interested in the business world and it’s strategic functions.
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- Rich Kreitz
- 08-10-23
Dated and slow reading
The book was cutting edge and its major points remain just as viable now 40 years later. However industries moved way beyond his examples from the late 70’s and the narration was slow and monotonous.
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1 person found this helpful
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- Terence
- 01-07-23
Academic but still helpful
A highly cited work on corporate strategy. Although dated it still provides valuable insights.
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- Fran Stoker
- 11-29-22
Best dang textbook you could read!
This book is extremely useful. It gives you the essential building blocks of how to compete in a business industry. However, it is DENSE. Information is packed in tightly with little practical examples and not a very entertaining narrative voice.
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1 person found this helpful
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- Omar Issa
- 11-20-19
Great book, poor audio book
This is a very rich textbook, I bought it as an attempt to go around reading the entire huge textbook, but it just doesn't work, very hard to keep track of the context while listening.
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- JohanAE
- 12-02-19
Great Book
This is a great book on competition and entering or exiting a market. Other than my firm belief that a company should NOT try to make government a tool to stop or limit competition; (i.e. influencing laws) I think the book was awesome!
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3 people found this helpful
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- Patrick C.
- 09-10-19
text book
hard to get through. written like a text book. examples are quite dated. very general. some gold in the nuggets of information but a lot of dedication and perseverance to find them.
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1 person found this helpful