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Competitive Advantage: Peter Senge's Advice

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Companies are encouraged to establish a competitive advantage. But Peter Senge (2006), author of The Fifth Discipline, advised, "The only sustainable competitive advantage is an organization's ability to learn faster than the competition." Do you agree? Debate Senge's position versus other established sources of competitive advantage.

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Solution Summary

The solution discuss Peter Senge's theory on competitive advantage and outlines a solution to remain competitive and the steps needed to keep the company ahead of the competition.

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Peter Senge is stating his opinion and now all will agree with it. Learning faster than the competition does not guarantee you will be better than the competition. "By keeping your old marketing tactics, you're losing business" (Simpson, 2017). The best way to secure competitive advantage in ...

Solution provided by:
Jo Ann Prevetti, MBA, PhD (IP)
Education
  • Master of Business Administration, University of Phoenix
  • Bachelor of Science in Paralegal Studies, Kaplan College
  • Business Diploma, Katharine Gibbs Business College for Women
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