Harvard Business Review

JANUARY 29, 2018

For the latter, we measured incumbents’ operational efficiency, commitment to innovation, and defenses against attack. But companies in this state often face increasing pressure to improve efficiency and reduce operating costs in their legacy businesses, and this pressure attracts opportunistic disruptors.

Industry 8

Industry Fixed Assets Retail Market Penetration 8

Strategy Driven

MARCH 18, 2011

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.

Resources 55

Resources Industry System Strategy 55

Harvard Business Review

JANUARY 3, 2011

For example, a Towers Perrin study conducted in 2007-2008 among 90,000 employees in 18 countries found that companies with the most engaged employees had a 19 percent increase in operating income during the previous year, while those with the lowest levels had a 32 percent decline.

Fixed Assets 15

Fixed Assets Competitive Advantage Commitment Definition 15