“Understanding Michael Porter: The Essential Guide to Competition and Strategy” by Joan Magretta (Harvard Business Review Press, $24.95). Michael Porter is to competitive strategy as Peter Drucker is ...
Value investing used to be about betting on the underdog — finding the down-and-out losers and gambling that they might have one more fight left in them. Today’s value investors have a new gospel: ...
Competitive strategy refers to a company's short-term and long-term strategies to gain market share against its competitors. Small businesses must compete not only against their peers but also against ...