After almost fifteen years, the idea of creating a Blue Ocean Strategy is still very popular. But caution is needed because it involves three key risks.

Michael Porter developed the generic strategies in 1985 and aimed them at helping companies achieve a competitive ... Here are Michael Porter's four generic strategies. Cost Leadership Strategy.

Four Generic Strategy Alternatives for Marketing. Business management guru and author Michael Porter laid out his generic marketing strategies in his 1985 book "Competitive Advantage: Creating and ...

Strategy as we know it, is all about simplicity. Organizations are supposed to choose from three or four generic strategies, come up with simple, preferably one-phrase mission and vision ...

Core Strategies for Marketing Products. Any effective marketing strategy has a specific focus. The strategy must give the company direction in utilizing its available resources as effectively as ...

In 1980, Michael Porter described three generic strategies that a company of any size (small, medium or big) can choose to pursue its competitive advantage. These strategies are lowering the cost ...

As I discussed in last month's column, a Competitive Advantage is vital to the ongoing success and indeed viability of a company/business. Once a company/business has achieved a clear ...

If a company starts planning its lifecycle management strategy early, it has more strategies available. However, many companies leave planning until late in the lifecycle.