Business Strategy Approach: Competitive Advantage
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Reflect for a moment upon the traditional and more innovative business strategy approaches and paradigms to which you have been exposed. Put yourself in the position of a consultant who is attempting to gain a contract with a medium-sized Information and Communications Technology (ICT) firm, which you hope will hire you to devise a comprehensive business strategy approach. Incorporate the concepts and models into a personal statement that denotes your summative understanding of business strategy and the potential value-added that the particular approaches, metrics, and concepts might bring to the firm under your advice.
Example of Concepts and models:
Blue Ocean Strategy
Six path framework
Value chain analysis
Swot Analysis
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Solution Summary
This posting gives you a step-by-step explanation of competitive advantage. The response also contains the sources used.
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I can offer approaches, metrics, and concepts that will given new direction to a medium size Information and Communications Technology firm. The approaches, metrics, and concepts will help develop a strategy for the firm, improve its market position, increase revenues, and earn more profits. I can develop a strategy based on the Blue Ocean Strategy. According to this strategy, your firm can succeed by not battling competitors but rather by creating "blue oceans" of uncontested market space. This strategy can help create substantial value for the company, its buyers, and its employees while unlocking new demand and making competition irrelevant (a). This model is effective because it is grounded in data, pursues differentiation and low cost, and helps create uncontested market space. Further, it will empower your company through tools, frameworks, and step by step process.
I can also help your technology company ...
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