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Competitive Strategy is about being different

What is Strategy?

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A presentation I created for a Michigan State University PR Strategies class based on an article by Michael E. Porter.

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Page 1: What is Strategy?

CompetitiveStrategyis aboutbeingdifferent

Page 2: What is Strategy?

Offers low-cost faresfor price-sensitive customers.

Page 3: What is Strategy?

Targets young furniture buyers whowant style at a low cost.

Page 4: What is Strategy?

1.) Variety-based Positioning

1.) Variety-based Positioning

Page 5: What is Strategy?

2.) Needs-based positioning

Page 6: What is Strategy?

3.) Access-based Positioning

Page 7: What is Strategy?

The essence of strategic positioning is to choose activitiesthat are different from your rivals…

Page 8: What is Strategy?

A sustainable strategic positionrequires trade-offs…

Page 9: What is Strategy?

Repositioning =

Straddling =

Page 10: What is Strategy?

Made trade-offs to its benefit!

Page 11: What is Strategy?

Fit drives both competitive advantage and sustainability.

3 Types of fit:

• Simple Consistency

• Reinforcing Activities

• Optimization of Effort

Page 12: What is Strategy?

Strategy means doing many things well,not just a few.

Page 13: What is Strategy?

Strategy Problems:

•The Failure to Choose

•The Growth Trap

Page 14: What is Strategy?

Strategy Solutions:

•Profitable Growth

•The Role of Leadership

Page 15: What is Strategy?

Thank you!-Tara Stewart Kuhnen