In competitive markets the quality of the competitive strategy is now as important as the customer strategy in determining customer performance. All strategies require information and competitive strategies are no exception. As a result there is an existing and growing requirement for competitive intelligence. This book shows how to collect and analyze competitive intelligence, including the use of electronic resources, as part of a competitive strategy.

This selection of papers from "Long Range Planning - The International Journal of Strategic Management" examines the evolution of competitive advantage over the past decade, setting out areas of major change and areas which have been less subject to change. It begins by examining how strategic management has been influenced by the transformation of industries and the changes in the rules for success, and the dramatic rise in the strategic importance of information technology. In many industries, the established rules of the game no longer apply, and their continued use will most likely lead to failure, even for firms which appear to have unassailable positions of strength. It is not that strategic planning has failed, but rather that in a previous era of greater certainty and clearer boundaries, the unquestioning application of established strategic rules often worked. In the new era of competitive uncertainty and uncertain boundaries, many of the rules of strategy still apply, but they can only have utility when applied in an appropriate context. The book concludes that when clarity exists about business definition, industry definition and competitor definition and how strategic techniques or measures should be applied, then the strategic fundamentals which have obtained for many years are likely to continue to do so.

Expanding Competition in Regulated Industries reviews the changing regulatory environment, notably incentive regulation and competition in regulated industries. Some of the major changes in electricity, gas, and telephone utilities allow for competition in local service through unbundling. This book is of interest to researchers, utility managers, regulatory commissions, and the Federal Government.

"Negotiation is a key part of daily lives, but learning how to negotiate successfully is a valuable skill. The author provides a tool kit for negotiation, demonstrating new methods and giving practical advice"--

Economic activities are becoming increasingly globalised. One result being that for companies in developed market economies price-based competition is being replaced or supplemented by other forms of competitiveness. This book explores the shift towards design-based competitiveness and the escalation in the design-intensity of goods and services.

This volume contains chapters by different authors describing the development of competition policy in 10 European Union Member States, as well as the interaction of those policies with EU competition policy. The convergence of Member State competition policy to the EU approach is put in evidence, as is the influence of Member State practice on EU competition policy. The chapters are rich in institutional detail, but also analyze the functioning of competition policy from an economic point of view.

Regulation Under Increasing Competition brings together practitioners, regulators, and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. This volume reviews such topics as competitive entry, stranded costs, pricing and market mechanisms. It provides a unique perspective on problems in a newly deregulated environment.

Luxury is booming. The rise of emerging-market luxury brands and the digital revolution are reshaping the industry, but what's next and what trends will the future bring?
The rise of emerging market luxury brands, digital and online innovations, and growth in consumption globally has opened the doors for seasoned luxury houses and new players to expand their horizons. This book charts the trends that are shaping the luxury industry, particularly the rise of the luxury industry in Asia and emerging markets.

This book provides the know-how that is required to successfully respond to counterfeit trade. It constitutes a unique combination of in-depth insights into the counterfeit market, best-practice strategies, novel management tools, and product protection technologies. The book thereby aids the definition and implementation of market monitoring, reaction, and prevention strategies. Key benefits are the unbiased analysis of the supply- and demand-side of the illicit market, the strong focus on assisting practitioners to deal with the challenge, as well as the high standard of research that supports the presented findings.

Competition, Power and Industrial Flexibility assesses the varying ways in which automobile assemblers in several countries of East and Southeast Asia, Europe and the Americas have sought to enhance their efficiency and flexibility in response to heightened global competition during the 1980s and early 1990s. It then explores the implications of such managerial strategies for workers and trade unions, and the responses of unions in seeking to preserve or enhance worker welfare and voice under industrial restructuring.

This book focuses on East Asia, which has been attracting FDI and a centre of industrial agglomeration, and because of this, the production structure in the world has been dynamically transforming. This book analyzes this world trend and provides a framework for strategy that is required not only for Japanese local governments to implement industrial cluster policy, but also for firms to survive the global competition.

The world of business has undergone unparalleled change in recent years as a result of dramatic social, economic and political events. Senior managers are faced with a business landscape that bears little resemblance to the world in which they began their careers and are challenged with more risks than ever before.
A new model for management in a new time, this book introduces the Risk-Based Performance Management methodology. This pioneering and practical framework enables senior management to understand, manage and control the risks facing their organizations while exploiting emerging opportunities to gain and maintain competitive advantage. By establishing the wider context of change within business, from the Credit Crunch, the upheaval of the Arab Spring, the uncertainty created by the Euro-zone Crisis and the increasing global influence of social media, the authors explain how and why a revolution is taking place in how organizations are structured, regulated and go to market. This results-focused guide to embedding risk management into strategic and operational decision-making gives executive teams the tools to align their risk-taking to strategy, enabling them to drive sustainable success while operating within appetite.

Can Japan Compete? is a major new development of Michael Porter's theory of competitive positioning, in which he examines the 'two Japans' - one highly competitive and one highly uncompetitive. Porter draws upon previously unseen research to set the record straight on what did and did not happen during the 'Japanese Miracle'. This book represents a major contribution to the understanding of Japan and a major new strategic analysis from the world's leading thinker on strategy.

Hardbound. This volume provides a collection of papers at the cutting edge of competitive strategy, analyzing and assessing the role and value of strategic moves and groups in industry. Theoretical models are supplemented by empirical studies on the dynamics of competitive moves and the link between strategic groups and performance.Linking commentaries and extensive reviews of research issues make this a comprehensive survey of the subject. The book will be of value to corporate strategists, consultants, senior managers, as well as academics concerned with research into competitive strategy.

Competition between market centers is a driving force for innovation, dynamic growth, and reasonable pricing structures. Consolidating the order flow amasses liquidity, sharpens price discovery, and lowers trading costs. This book addresses such timely topics as the impact of technology on financial markets and includes contributions from prominent academics, policymakers and professionals in the field. It is the latest title in established conference proceedings series.

The modern industrial states desperately need more competition in order to generate growth and employment. Although the European Union pushed its member states to open several sectors to competition, there is much left to be done. At the same time powerful interest groups try to avoid or to reduce competition on European labour markets, in the health systems, in the transport and energy sector, in public services, and in many other areas. This book shows that there is much to be gained from intensifying competition and that especially consumers would benefit. One task is to lay a sound basis for the application of competition. The other task is to implement and guarantee competition. The authors cover both issues.

While economic globalization benefited Southeast Asia, especially during the 1990s boom, the region now seems to be caught between two emerging economic giants - China and India. What challenges and opportunities does the rise of China and India pose for Southeast Asia and how should policy-makers respond? Are bilateral free trade arrangements and bilateral economic partnerships a boon or bane for competitiveness? In identifying approaches and strategies to coping with these challenges and leveraging on the opportunities available, this book also links the quest for competitiveness with the necessity of social protection. The link comes in the form of the people who work for firms as human resources, and as users and innovators of technology. The book acknowledges and discusses the problems of inadequate technological and innovative capacity and the problems of managing labour productivity in Southeast Asia. However, the book also cautions against focusing on people solely as productive labour, whether in production or the knowledge sector. By highlighting the adverse social, economic and political consequences of ignoring social protection issues and challenging the myth that addressing social protection undermines competitiveness, the book emphasizes the social responsibilities incumbent on governments and firms in this age of growing economic insecurities.

The main thrust of Part 1 is to give some understanding of the concept of 'global competition'. In doing so, the chapters rely heavily on industrial studies. Part 2 deals with two different aspects of this change viewed from two different perspectives. The one is economic and more macro: the other political and social and more micro, being concerned with the way in which companies have to utilize their various organisational units and integrate information on a fragmented environment into a strategic whole. Part 3 deals specifically with technology, as the particular segment of the environment which often has the largest impact on future strategies. In Part 4 the perspective of global competition is applied at industry, country and company levels and it is shown that this perspective adds new dimensions to old problems. The final parts address the problem of management in global competition.

Work has changed forever. How can HR and leaders adapt? How can they deal with the wellbeing and productivity crisis, address the skills gap and build better organizations? This book has the answer. Written by a leading voice in the people profession, The New World of Work takes an evidence-based approach to provide practical advice on how the business and employees can succeed. It covers how to combat stalling productivity, poor wellbeing and the increase in mental health issues in the workplace as well as the need for agile learning, ways to close the skills gap and a refreshingly realistic look at the impact of technology. There is also essential discussion of job design, flexible working, diversity and inclusion (D&I) and how to engage both an ageing workforce and new Gen Z recruits. This book also includes guidance on how to build a business which is responsible, trustworthy and transparent, is based on the principles of 'good work' and is one that employees are proud to work for. With global examples and case studies from private and public sector organizations, The New World of Work is the book that HR and business professionals need to seize the opportunity and allow both the business and its people to succeed.

The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based their arguments on the claim that markets are imperfectly competitive. On the other hand laissez faire advocates have argued the opposite by claiming that in fact free market policies will eliminate "market imperfections" and reinvigorate perfect competition. The goal of this book is to enter into this important debate by raising critical questions about the nature of market competition in both the neoclassical and Kaleckian traditions By drawing on the insights of the classical political economists, Schumpeter, Hayek, the Oxford Economists' Research Group (OERG) and others, the authors in this book challenge this perfect versus imperfect competition dichotomy in both theoretical and empirical terms. There are important differences between the theoretical perspectives of several authors in the broad alternative theoretical tradition defined by this book; nevertheless, a unifying theme throughout this volume is that competition is conceptualized as a dynamic disequilibrium process rather than the static equilibrium state of conventional theory. For many of the authors the growth of the firm is consistent with a heightened degree of competitiveness, as the classical economists and Schumpeter emphasized, and not a lowered one as in the conventional 'monopoly capital' and imperfect competition perspectives. Contributions by Rania Antonopoulos, Serdal Bahce, Cyrus Bina, Scott Carter, Benan Eres, Jason Hecht, Jack High, William Lazonick, Andreis Lazzarini, Fred S. Lee, J. Stanley Metcalfe, Jamee Moudud, John Sarich, Anwar Shaikh, Persefoni Tsaliki, Lefteris Tsoulfidis, and John Weeks.

The aim of this book is to tackle the question of what the European territory will look like over the next fifteen years by providing quali-quantitative territorial scenarios for the enlarged Europe, under different assumptions on future globalisation strategies of BRIC (Brazil, Russia, India and China) and East and West European countries. The approach is as neutral as possible vis-a-vis the results, leaving to a new forecasting model, the MASST model, built by the authors, to produce the tendencies and behavioural paths of regional GDP and population growth in each individual European region under alternative assumptions on the competitiveness strategies of different blocks of countries. The results are accompanied by strong policy messages intended to encourage long-term strategic thinking among a wide range of actors, scientists and policy makers in response to the risks and opportunities that the European territory will face."

Following World War II, the U.S. manufacturing sector emerged as the dominant industrial force in the world in virtually all areas, including productivity, market share, innovations, and capital investments. Though other countries have caught up with and surpassed the United States in many industries, Romesh Diwan and Chandana Chakraborty argue that America can recapture its dominant role by moving forcefully into high-technology industries. In this work, they examine competitiveness in a range of high-technology enterprises, analyzing the industries as an aggregate as well as through three specific examples: semi-conductors, telecommunications, and computers. The authors provide a complete understanding of the technical changes and developments that are taking place in U.S. high technology, and offer guidance to policy makers in promoting competitive strength. Their work defines and quantifies the high-tech industrial sector of the U.S, economy, and analyzes the productivity of this sector by utilizing a translog cost function, which provides information about the structure of the input-output relations in a particular industry. Using these functions, Diwan and Chakraborty answer quantitatively a number of questions relating to the growth of various inputs, productivities, and outputs, which lead to conclusions regarding the structure of production, costs, and capacity in U.S. industry. Their conclusions--that technical change is biased in the main in favor of capital and material, and that capital and skilled labor are complements--are consistent with new ideas and theories in the field. This work will be a valuable reference source for professional economists and policy experts, as well as for scholars and students in international trade, finance, and development.

Hardbound. The convergence of telecommunications, mass media and computer technologies has brought spectacular developments of ubiquitous intelligent interconnected systems. In the course of these evolutionary changes, debate and policy has swung again towards privatization, deregulation and increased reliance upon competition. Nevertheless, the underlying and powerful role of new information continues to bring so much restructuring and organizational change, that a reassessment of ideas about competition in this dynamic context, is essential. The aim of this volume is to provide an update of research and policy debates in this important field. An international perspective is provided with contributions from academic, business and governmental communities. The volume will be invaluable to researchers in telecommunications and information activities; decision-makers in industry, government and regulatory fields; consultants; and information service provide

Managers in developing countries, whether operating in the private or public sectors, are constantly aware of the problems of underdevelopment. Effective management of international business activities in developing countries can improve the competitiveness and development prospects of these countries and, in turn, the companies operating within them. But to do so, managers need a developing country perspective on international trade agreements, international finance, foreign exchange, and national financial management. These topics, as well as practical chapters on the management of export production, financing exports, government export programs, and international investment make this very valuable reading for executives and those interested in international business.

Hella Engerer analyzes the emergence, evolution, and theory of property rights and establishes the limits for privatization of state-owned enterprises in the transitional economies of Eastern Europe. She counters the assumption that reduction of the state sector helps to create the basis for a private property system, showing that privatization presupposes a stable framework for property. This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.