Strategy As Action: Competitive Dynamics and Competitive Advantage / Edition 1

by Curtis M. Grimm, Hun Lee, Ken G. Smith

Overview

Strategy as Action presents an action plan for how firms can build, improve, and defend their competitive advantage at every stage of their life cycle. For start-up firms entering a market, it provides a model for exploiting competitive uncertainty and blind spots; for growth firms who have established some market advantages, it provides an action plan for exploiting relative resources; for mature firms, it explains how to exploit market position; finally, for firms that have no decisive resource advantage, it provides an action plan based on firm co-operative reactions.

Product Details

ISBN-13:	9780195161441
Publisher:	Oxford University Press
Publication date:	08/25/2005
Series:	Strategic Management
Edition description:	New Edition
Pages:	288
Product dimensions:	9.58(w) x 6.42(h) x 0.99(d)

About the Author

University of Maryland

George Mason University

University of Maryland

Table of Contents

Part I. The New Competitive Advantage
1. Disruptive Competition: Intensifying Actions and Reactions in the Twenty-First Century
Part II. Strategic Paradigms of Competitive Advantage
2. Economic Theories of Competition and Competitive Advantage: Neoclassical, Industrial Organization Economics, Game Theory, Schumpeterian, and Evolutionary Economics3. Knowing Your Relative Market Position4. Knowing Your Relative Resource Position
Part III. Action-Based Dynamic Model of Competitive Advantage
5. An Action-Reaction Framework for Building Competitive Advantage6. Avoiding Rivals with Entrepreneurial Actions: Exploiting Competitive Uncertainty and Blind Spots7. Engaging Rivals with Ricardian Actions: Exploiting Ownership of Superior Resources8. Defending against Rivals as a Dominant Firm: The Role of Deterrent Actions9. Winning the PeaceTaking "Co-optive" Actions in the Absence of Resource Advantage10. Using the Action Model: Predicting the Behavior of Rivals11. Strategy as Action: Integration and Evolution of Resource PositionsNotesIndex