Find great ways to use root vegetables of all sorts - potatoes, beets, carrots, turnips, rutabagas, and celery root. Find great ways to use root vegetables of all sorts - potatoes, beets, carrots, turnips, rutabagas, and celery root.
Tweet. Michael Porter developed three generic strategies, that a company could use to gain competitive advantage, back in 1980. These three are: cost leadership, differentiation and focus. Definition: Michael Porter developed three generic strategies, that a company could use to gain competitive advantage, back in 1980. These three are: cost leadership, differentiation and focus.
Michael Porter and Sustainable Competitive Advantage Just because a company is the market leader now, doesn't mean it will be forever. A company must create clear goals, strategies, and operations to build sustainable competitive advantage. The corporate culture and values of the employees must be in alignment with those goals. It's difficult to do all those things well. That's why few companies can create a sustainable competitive advantage. In 1985, Harvard Business School professor Michael Porter wrote Competitive Advantage. It is the definitive business school textbook on the topic. Porter outlined the three primary ways companies achieve a sustainable advantage. They are cost leadership, differentiation, and focus.