June 2011
Intermediate to advanced
378 pages
14h 11m
English
Content preview from Performance Management Systems and StrategiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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SPM AND GENERIC STRATEGIES
Michel Porter's (1980) generic strategies are the most commonly identified syndromes in organizations. Organizations worldwide make use of these generic strategies even in managing their performance. Porter (1980) proposed three generic strategies that can yield competitive advantage, namely cost leadership, product differentiation, and focus. To ensure long-term profitability, organizations need to embrace one of the generic strategies, rather than simultaneously following all. For example, cost leadership strategies require the organizations to lower costs and cost advantages through process innovations, learning curve benefits, economies of scale, product designs, optimizing the cycle time for production, reengineering, ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.