"A valuable contribution, this insightful book makes it clear that strategy is not a one-time search for a sustainable
competitive advantage, but a continuous monitoring of the environment, consumers, and competitors with the object of making
the right moves in a dynamically changing competitive landscape." -Philip Kotler S.C. Johnson & Sons Distinguished Professor
of International Marketing J. L. Kellogg Graduate School of Management Northwestern University. "An ambitious and welcomed
effort at addressing strategy from an interdisciplinary perspective." -Professor Don Lehmann Columbia University Graduate
School of Business. "Wharton on Dynamic Competitive Strategy weaves together an unprecedented interdisciplinary analysis
of competitive strategies that any global manager should consider indispensable reading...An impressive book." -Jon M. Huntsman,
Sr. Chairman and CEO Huntsman Corporation. "Provocative and meaningful . . . Provides an excellent framework for formulating
strategy." -Sam Morasca Vice President, Marketing Shell Oil Products Company. "A Rosetta stone for strategy. Read it and
keep it by your side!" -Dale Moss Executive Vice President, Sales and Marketing USA British Airways, New York The competitive
challenges facing you are more complex and fast-moving than ever. This environment demands dynamic competitive strategies-strategies
that anticipate and adjust to competitors' countermoves, shifting customer demands, and changes in the business world. Wharton
on Dynamic Competitive Strategy offers new perspectives on competitive strategy from a distinguished group of faculty at Wharton
and other leading business schools around the world. This book presents the best insights from decades of research in key
areas such as competitive strategy, simulations, game theory, scenario planning, public policy, and market-driven strategy.
It represents the most cohesive collection of insights on strategy ever assembled by a leading school of business. Developed
for the thinking manager, Wharton on Dynamic Competitive Strategy provides deep insights into the true dynamics of competition.
In contrast to popular, quick-fix formulas for strategic success, this book provides perspectives that will help you better
understand the underlying dynamics of competitive interactions and make better strategic decisions in a rapidly changing and
uncertain world. The insights and approaches presented here are illustrated with real-world examples which demonstrate
how these approaches can be applied to your strategic challenges. These chapters will help you better address key strategic
issues such as: * Anticipating competitors' responses using game theory, simulations, scenario planning, conjoint analysis,
and other tools-and designing the best strategy in light of these expected responses * Planning for multiple rounds of
competition in the way that chess players think through multiple moves * Understanding how changes in technology and public
policy or moves by competitors can undermine your current advantages or neutralize future advantages * Broadening your
range of options for reacting to moves by competitors * Signaling and preempting rivals. This groundbreaking new book
will change your view of strategy and give you the tools you need to succeed in a dynamic and intensely challenging world.
Book Info Presents the best insights from decades of research in key areas such as competitive strategy,
simulations, game theory, scenario planning, public policy, and market-driven strategy. DLC: Competition.
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p.17 Once one understands sources of advantage and potential moves of competitors, the next challenge
is to explore the firm's strategic options... The final challenge is to analyze the long-term impact of various potential
strategies to select a strategy to implement... Once managers have conceptualized and generated potential strategies, they
need some mechanism for evaluating the potential consequences of each of these strategies in the light of multiple rounds
or multiple scenarios of competition.
p.18 This book proposes a process for developing dynamic competitive strategies: Assess
the context of competitive moves and advantages, understand the potential moves and mind-sets of competitors, formulate strategies,
and test these strategies before making irreversible moves in the market.
p.48 Strategy is about seeking a competitive edge over rivals while slowing the erosion of present
advantages.
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