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Richard A. D'Aveni

    Beating the Commodity Trap
    Hypercompetition
    • Beating the Commodity Trap

      How to Maximize Your Competitive Position and Increase Your Pricing Power

      • 224 Seiten
      • 8 Lesestunden

      Commoditization-a virulent form of hypercompetition-is destroying markets, disrupting industries, and shuttering long-successful firms. Conventional wisdom says the best way to combat commoditization is differentiation. But differentiation is difficult and expensive to implement, and keeps you ahead of the pack only temporarily.In Beating the Commodity Trap, Richard D'Aveni provides a radical new framework for fighting back. Drawing on an in-depth study of more than thirty industries, he recommends first identifying the commoditization trap you're - Low-end firms enter with low-cost/low-benefit offerings that attract the mass market-as Zara did to high-end fashion companies.- Companies develop new combinations of price paired with several unique benefits that attack part of an incumbents' market-as Japanese motorcycle makers did to Harley-Davidson.- Players offer more benefits for the same or lower price, squeezing everyone's margins-as the iPhone did in mobile devices.The author provides a tool for diagnosing your competitive position and shows how to strengthen it while also boosting your pricing power-by destroying the commoditization trap confronting you, escaping it, or turning it to your advantage.Illustrated with a wealth of examples, this concise, practical guide gives you the framework and tactics you need to battle commoditization.

      Beating the Commodity Trap2010
    • Hypercompetition

      Managing the Dynamics of Strategic Maneuvering

      • 444 Seiten
      • 16 Lesestunden

      General Motors and IBM have faced significant challenges, with Jack Welch describing the 1980s as a "white knuckle decade" and predicting even greater competition in the 1990s. In this groundbreaking work on "hypercompetition," Richard D'Aveni illustrates how today's competitive landscape demands a fundamental shift in strategic focus. He presents an operational model that reveals how companies ascend "escalation ladders," where advantages are continuously created, eroded, and recreated through strategic moves across four competitive arenas: "price and quality," "timing and know-how," "stronghold creation/invasion," and "deep pockets." D'Aveni supports his analysis with numerous examples from hypercompetitive sectors like computers, automobiles, and pharmaceuticals, showing how successful firms disrupt the status quo and maintain a cycle of temporary advantages. He introduces the "New 7-S's" strategies—Superior Stakeholder Satisfaction, Strategic Soothsaying, Speed, Surprise, Shifting the Rules of Competition, Signaling Strategic Intent, and Simultaneous and Sequential Thrusts. His findings suggest that firms must often dismantle their own advantages to establish new ones, emphasizing the need for dynamic strategies over static long-term plans. D'Aveni warns that American antitrust laws may hinder competitiveness, making this essential reading for managers, planners, and students navigating hypercompetitive industries.

      Hypercompetition1994