Hypercompetition

Book Name : Hypercompetition

By by Richard A. D'aveni

Sub Title : NA

Written by : by Richard A. D'aveni

Subject Category : Economics

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General Motors and IBM have been battered to their cores. Jack Welch, the chairman of General Electric, called the frenzied competition of the 1980's "a white knuckle decade" and said the 1990s would be worse. In this pathbreaking book that will define this new age of "hypercompetition," Richard D'Aveni reveals how competitive moves and countermoves escalate with such ferocity today that the traditional sources of competitive advantage can no longer be sustained. To compete in this dynamic environment, D'Aveni argues that a company must fundamentally shift its strategic focus. He constructs a brilliant operational model that shows how firms move up "escalation ladders" as advantage is continually created, eroded, destroyed, and recreated through strategic maneuvering in four arenas of competition. Using this "Four Arena" analysis, D'Aveni explains how competitors engage in a struggle for control by seeking leadership in the arenas of "price and quality," "timing and know-how," "stronghold creation/invasion," and "deep pockets." Winners set the pace in each of these four competitive battlegrounds. Using hundreds of detailed examples from hypercompetitive industries such as computers, software, automobiles, airlines, pharmaceuticals, toys and soft drinks, D'Avenie demonstrates how hypercompetitive firms succeed in dynamic markets by disrupting the status quo and creating a continuous series of temporary advantages. They seize the initiative, D'Aveni explains, by employing a set of strategies he calls the "New 7-S's" Superior Stakeholder Satisfaction, Strategic Soothsaying, Speed, Surprise, Shifting the Rules of Competition, Signaling Strategic Intent, and Simultaneous and Sequential Thrusts. Paradoxically, firms must destroy their competitive advantages to gain advantage, D'Aveni shows. Long-term success depends not on sustaining an advantage through a static, long-term strategy, but instead on formulating a dynamic strategy for the creating, destruction, and recreation of short-term advantages. America must embrace the new reality of hypercompetition, D'Aveni concludes in a compelling analysis of the potential chilling effect of American antitrust laws on competitiveness. This masterful book, essentially an operating manual of strategy and tactics for a new era, will be required reading for managers, planners, consultants, academics, and students of hypercompetitive industries. Simon & Schuster; May 2010 ISBN 9781439122631 Read online, or download in secure EPUB format Title: Hypercompetition Author: Richard A. D'aveni Imprint: SIMON & SCHUSTER Subject categories Economics > Industries. Land use. Labor > Large industry. Factory system. Big business > Cooperation. Cooperative societies Business > Economics Business > Entrepreneurship Business > Industries Economics > Industries. Land use. Labor > Industry Business > Management Business > Management Science Economics > Industries. Land use. Labor > Management. Industrial management Sports & Recreation ISBNs 1439122636 9780029069387 9781439122631 In The Press George B. Taylor Professor of Entrepreneurial Studies, The Wharton School A matchless contribution, so timely, so relevant, so close to the reality of today's competition that no manager can ignore it. About The Author Richard A. D'Aveni (Ph.D., Columbia University) teaches business strategy at the Amos Tuck School at Dartmouth College and consults for several Fortune 500 corporations. He received the A.T. Kearney Award for his research on why big companies fail, and has been profiled as one of the next generation's promising new management thinkers by Wirtschafts Woche, Germany's equivalent to Business Week.

About The authore

Richard A. D'Aveni (Ph.D., Columbia University) teaches business strategy at the Amos Tuck School at Dartmouth College and consults for several Fortune 500 corporations. He received the A.T. Kearney Award for his research on why big companies fail, and has been profiled as one of the next generation's promising new management thinkers by Wirtschafts Woche, Germany's equivalent to Business Week.

Related subjects

Economics - Industries. Land use. Labor - Large industry. Factory system. Big business - Cooperation. Cooperative societies Business - Economics Business - Entrepreneurship Business - Industries Economics - Industries. Land use. Labor - Industry Business - Management Business - Management Science Economics - Industries. Land use. Labor - Management. Industrial management Sports & Recreation

ISBN

1439122636 - 9780029069387 - 9781439122631

In The Press:

George B. Taylor Professor of Entrepreneurial Studies, The Wharton School A matchless contribution, so timely, so relevant, so close to the reality of today's competition that no manager can ignore it.

Imprint

SIMON & SCHUSTER