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Resolution 2011: Make Your Strategy Coherent

Harvard Business Review

Putting Capabilities at the Foundation of Your Competitive Advantage. Competitive advantage stems from what the company does better than any other and from using those capabilities over and over again to create value for customers. That's because winning strategies don't start outside the company.

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How Likely Is Your Industry to Be Disrupted? This 2×2 Matrix Will Tell You

Harvard Business Review

For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. Previously strong barriers to entry have perished; fixed assets such as car fleets, hotels, bank branches, and landline infrastructure have become weaknesses.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

Further, they need to limit their focus to, at most, six capabilities, and make those capabilities work together as a mutually reinforcing system that perpetuates competitive advantage. Assets are important, but they are, increasingly, table stakes in most competitive industries; everyone in the game has them.