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Strategic group theory: A customer-oriented view 被引量:3
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作者 Y. Datta 《Chinese Business Review》 2010年第7期11-26,36,共17页
Barney and Hoskisson (1990) argue that the strategic group research has neither established the existence of strategic groups, nor their relationship to firm performance. The primary reason behind the unsatisfactory... Barney and Hoskisson (1990) argue that the strategic group research has neither established the existence of strategic groups, nor their relationship to firm performance. The primary reason behind the unsatisfactory results is the lack of a theoretical framework: what strategic variables to include in the analysis and their relative importance; the definition of an industry, and how to make competitive strategy operational. First, the author presents a customer-oriented theory of management which submits that, like Procter and Gamble, understanding customers should be the primary focus of a business. Second, the author proposes an integrated approach to competitive strategy. Because customer-perceived quality is far more critical to long-term success than any other factor, it should be the centerpiece of competitive strategy. The author suggests that competitive strategy should be divided in two interdependent dimensions: external and internal. It is the external strategy that should be considered the primary dimension because it reflects the customers' perspective, and provides a sense of direction regarding how the internal resources should be used. Next, the author presents an operational framework of competitive strategy which proposes that the best route to market share leadership in consumer markets is competing in the mid-price segment, offering superior quality compared to competition at a somewhat higher price: (1) to maintain an image of quality, and (2) to ensure that the strategy is profitable and sustainable. Finally, the author offers a framework of business or industry definition that extends Abell's (1980) three dimensions to seven. He suggests that an integrated approach to market segmentation provides the foundation for conducting strategic group analysis in consumer markets. So, in strategic group research, we need a bottom-up approach that begins with a product-market segment. In each product market, real competition occurs at the brand level. This is the ground where actual competitive wars are fought, and this is where the rich dynamics of competition often come to light. 展开更多
关键词 strategic group theory resource-based theory customer-based theory of management market segmentation price-quality segmentation defining a business or industry
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Pingguo Fully Promotes The Second Round of Business Startups of the Aluminum Industry
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《China Nonferrous Metals Monthly》 2017年第4期6-7,共2页
At the end of 2016,Pingguo County had developed a production capacity of 6 million tons of bauxite and 2.596 million tons of alumina,a processing capacity of 845,000 tons of aluminum products,and an
关键词 Pingguo Fully Promotes The Second Round of business Startups of the Aluminum industry
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The Tri-Party Model──A New Approach for Transforming Farming into Big Business The Research Team For the Industrialization of Farming
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《Social Sciences in China》 1997年第4期14-21,共8页
关键词 Team A New Approach for Transforming Farming into Big business The Research Team For the Industrialization of Farming The Tri-Party Model
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