Purpose – The purpose of this paper is to outline a range of short‐ to medium‐term recession‐specific strategies designed to drive growth and ensure that a company survives this downturn and emerges from it competitively advantaged. Design/methodology/approach – The paper examines...

Purpose – In the author's experience, even veteran executives often make statements about competitive advantage that reflect either genuine misunderstanding or casual misuse of the term. This paper aims to offer a clear explanation of what constitutes competitive advantage so as to facilitate...

Purpose – The authors warn of an emerging competitive crisis. Multinationals are disrupting competitors and pioneering new price points and applications in the developed world with low‐cost offerings created for rapidly developing economies. This paper aims to address this issue....

Purpose – The purpose of this paper is to warn managers of the common missteps that can trip up strategy making and suggest how such pitfalls can be avoided. Design/methodology/approach – Based on their experience and research, the authors identify seven key mistakes and describe the best...

Purpose – The purpose of this paper is to present a discussion with Joan Magretta about her new book, Understanding Michael Porter: The Essential Guide to Competition and Strategy with two veteran S&L contributing editors. Design/methodology/approach – Based on her long editorial...

Purpose There is an extensive research literature on servitisation and the related field of product-service systems that has emerged independently from different fields including engineering, management, design and environmental studies. The purpose of this paper is to conduct a structured...

Purpose – To investigate the key sources of competitive advantage gained from e‐business applications by Chinese real estate developers and whether the value chain theory and its related theories can explain this phenomenon. Design/methodology/approach – A key issue in e‐business is how...

Purpose – The purpose of this paper is to analyze the effect personality has on pay satisfaction among small business managers in China and the USA. Design/methodology/approach – This research is in attempt to further understanding and provide application of how companies can better...