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Understanding Michael Porter: The Essential Guide to Competition and Strategy by Joan Magretta

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CHAPTER 6

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Fit:

The Amplifier

THIS CHAPTER ADDRESSES THE fourth test of strategy, something Porter calls “fit.” Fit has to do with how the activities in the value chain relate to one another. Its role in strategy highlights yet another popular misconception, that competitive success can be explained by one core competence, the one thing you do really well. The fallacy here is that good strategies don’t rely on just one thing, on making one choice. Nor do they typically result from even a series of independent choices. Good strategies depend on the connection among many things, on making interdependent choices.

Good strategies depend on the connection ...

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