Hustle as Strategy

author：	Amar V. Bhide
readBy：	Deaver Brown
inLanguage：	english

The age of competitive strategy may be past. Sophisticated managers are learning that handsome returns come directly from superior strategic execution - not strategic planning. Their method: hustle and get it right. A look at the financial-services industry provides valuable lessons. Few of the bases of competitive advantage exist; there are no economies of scale, few obstacles to product imitation, and minimal costs and time required to bring out a new product. The organization's people and their executional skills - not the company's fixed assets - determine the bottom line. Subjects covered include competitive decision making, corporate strategy, strategic planning, and strategy implementation.