Managing global competitive dynamics
MetadataShow full item record
Global competitive dynamics refers to the actions and responses undertaken by competing firms around the world. Since one firm's actions are rarely unnoticed by rivals, the initiating firm would naturally like to predict rivals' responses before making its own move. This process is called competitor analysis, advocated a long time ago by the ancient Chinese strategist Sun Tzu's teaching to "know yourself"' and "know your opponents." As military officers have long known, a good plan never lasts longer than the first contact with the enemy because the enemy foes not act according to our plan (!). Thus, the defining feature of competitive dynamics is action, but not plan. This chapter first highlights the "strategy as action" perspective, followed by a "strategy tripod" model on global competitive dynamics. Then, how to cooperate and signal is outlined, with one interesting extension on how local firms fight multinational enterprises (MNEs) in emerging economies. Debates, extensions, and managerial implications follow.
Showing items related by title, author, creator and subject.
Luo, Yadong; Zheng, Q. (2016)© Emerald Group Publishing Limited. Purpose - The purpose this paper is to comment on the "Global Implications of the Indigenous Epistemological System from the East: How to Apply Yin-Yang Balancing to Paradox Management" ...
Impact of knowledge management and inter-organizational system on supply chain performance : the case of Australian agri-food industryNasir Uddin, Mohammad (2010)Motivated by the problems of cost competitiveness, profitability and market development issues in the Australian agri-food industry, this study was designed to addresses research questions as to how levels of knowledge ...
Grimstad, S.; Burgess, John (2014)Purpose – The paper aims to examine the competitive advantage of the environmental behaviour at a firm level and micro-cluster level, building the analysis on Harts model of natural resource-based view of the firm and by ...