- Lexicon Home [1]
- About Us [2]
See Also
theory of business [3]
strategic focus [4]
Hedgehog Concept [5]
strategic intent [6]
organizational purpose [7]
Definition
Michael Porter's description for what is at the core of a successful strategy, where strategy is creating fit among company activities.
Elements of fit and position --
- Strategic positions should have a horizon of a decade or more
- Continuity fosters improvements in individual activities and fit across activities...
- ...this allows an organization to build unique capabilities and skills tailored to its strategy
- Continuity reinforces identity
Source: Porter, 1996