Sustainable Competitive Advantage
Shell
October 19
1
Strategic Management is key element for organization survival
Relevant strategies to suit today’s time and the future
The basic purpose for strategic management is to create competitive advantage
It has to do with the way we think
Competitive Advantage is what keeps the organization alive and growing
Customers have the option to choose not only from local production, but from the worldwide production
Innovation is a source of gaining competitive advantage by SMEs
Deliberate alignment of resources and capabilities to strike competitive advantage
Have multiple business models and constantly innovate them
Shell
October 19
2
Quality of the labour
Sentiment
Flexibility
Knowhow
Personal Approach
Goodwill
Customer’s satisfaction
Stabilization on the market
Innovation
Expenditure
Revenue rise
Customer responsiveness
Superior efficiency
Shell
Customer’s feedback
October 19
3
Business Models
Who is the customer?
What do they want?
What value the firm has created for the customers?
What value it has created for itself when it serves a customer?
How it differentiates itself from the competitors?
Shell
October 19
4