Michael Porter is recognized as one of the top authorities on corporate strategy and business competition. The historical review of strategic management clearly shows that Porters research has bridged up two general paradigms (before and after the 1980s) thus helping both researchers and practitioners to better understand unanticipated global changes. His two generic strategies: costs and diversification, the two interdependent strategic options, are key in the context of the competitiveness of orthodox microeconomic theory. This is where Porter went further, constructing a popular value chain concept that provides the ability to disaggregate the key activities of business process in creating products and services in terms of cost analysis and value creation.
This book is a collection of seven interconnected chapters that provides a coherent understanding of Michael Porters contribution to the field of strategic management. It addresses key changes and challenges in the global business environment. The value chain concept has become highly applicable in both theory and practice. In the book, the authors offer an original interpretation of the Porters research on strategic management in order to unravel or simplify his key theoretical concepts. It will be of interest to researchers, academics, practitioners, and students in the fields of strategic management and international business.
This book is a collection of seven interconnected chapters that provides a coherent understanding of Michael Porters contribution to the field of strategic management. It addresses key changes and challenges in the global business environment.
1. Shifting Paradigms in Business Competition
2. Porter's Contribution
to Strategic Management
3. Competitive Advantage
4. Analysis of the
Environment: Porter's Concept of 5 Competitive Forces Strategic analysis of
the environment
5. Corporation Analysis: Porter's Value Chain Concept
6.
The Corporation and Environment Interaction: Porter's Concept of Generic
Strategies
7. Porter's New View on Competitive Advantage: Green and
Competitive
Jovo Ateljevi is a Professor of Economics and Business Studies in the Department of Economics at the University of Banja Luka, Bosnia and Herzegovina.
Denan Kulovi is an Associate Professor of Management and Organization in the Department of Economics at the University of Zenica, Bosnia and Herzegovina.
Filip okovi is an Associate Professor of Tourism and Business Studies at Singidunum University, Serbia.
Mirza Bavi is a Country Manager and Co-owner of Express Courier Authorised Service Contractor for UPS in Sarajevo, Bosnia and Herzegovina.
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