Strategic groupings as competitive benchmarks for formulating future competitive strategy: A modelling approach
Publication Type
Journal Article
Publication Date
1990
Abstract
Previous studies on strategic groups have examined issues such as the identification of strategic groups, the relationship between strategic groups structure and industry performance, and the movement of strategic groups over time. In contrast to previous studies, this paper uses the analytical concepts of game theory to explore the question of what strategic groups will exist in the future. These benchmark (future) strategic groups represent long-run strategic positions available within an industry and thus reference points for firms in developing sustainable competitive strategies. The benchmark strategic groups are discussed and comments are offered to illustrate how firms can use the benchmark information to redirect their strategic positions in order to survive and remain competitive in the long run.
Discipline
Business
Research Areas
Strategy and Organisation
Publication
Managerial and Decision Economics
Volume
11
Issue
2
First Page
99
Last Page
109
ISSN
0143-6570
Identifier
10.1002/mde.4090110203
Citation
Kumar, K.R.; Thomas, Howard; and Fiegenbaum, A..
Strategic groupings as competitive benchmarks for formulating future competitive strategy: A modelling approach. (1990). Managerial and Decision Economics. 11, (2), 99-109.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/3956