Management Strategy Perspectives and Paradoxes - Essay Example

Only on StudentShare

Extract of sample
Management Strategy Perspectives and Paradoxes

In such environ, it is important for an organisation to find a 'differential aspect' of its product or service in order to survive the market competencies, otherwise the organisation will be driven out of the business ruthlessly.
"Having a competitive advantage is like having a gun in knife fight". The paper explores this statement and illustrates the key factors through which a firm can attain this competitive gun while all the competitors remain fighting with their competitive knives. It goes for a gross understanding of the term 'competitive advantage', realising how it can be interpreted as 'a gun in the knife fight', plus analysing and examining a bunch of important issues underlying this concept.
The focus of this paper remains to be the factors that need to be addressed by an organisation in its quest to dig out a competitive advantage to create and maintain its position in the market that is unbeatable for its competitors in a specific point in time. There happen to be several areas where a firm can manage to obtain a competitive advantage against its competitors. These areas are discussed in this paper with the help of the literature available on the given subject.
"Having a competitive advantage is like having a gun in a knife fight". Consider a fight in which everybody has got a knife as weapon and using it in all ways to win the battle. ...
Download paper


This paper demonstrates an insightful study into the concept of competitive advantage for the success of an organisation in today's competitive environment. The contemporary business environment is marked with rapid transformation in terms of opportunities and threats…
Author : hilbertmills

Related Essays

Strategic Management Corporate Strategy
7 pages (1757 words) Essay
Human Resource Management strategy
4 pages (1004 words) Essay
Broad Strategy HR Management
11 pages (2761 words) Essay
Assignment for Critical Perspectives on Management
13 pages (3263 words) Essay
Paradoxes of Whistle-blowing
4 pages (1004 words) Essay
Organisation and Management Different Perspectives
6 pages (1506 words) Essay
strategy management
12 pages (3012 words) Literature review
Got a tricky question? Receive an answer from students like you! Try us!