1. Strategy As Leverage
Another key element for top managers to succeed in gaining a competitive advantage is to understand to concepts of company fit versus company stretch. ... While both approaches produce productivity gain, a company that continues to downsize without leveraging its resources will soon find itself continuing to downsize until drastic leadership changes have to be made. ... Accumulation of resources through extracting can be best described as the ability to maximize the insights gained from every experience (80). ... Shielding is understanding the competitors" blind spots and orthodoxies. A...
- Word Count: 975
- Approx Pages: 4
- Grade Level: Undergraduate