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Competitive Advantage by Michael E. Porter — WisdomDeck honest review
Honest review · Entrepreneurship

Competitive Advantage

by Michael E. Porter

The 1985 follow-up introducing the value chain: how a firm's activities create cost or differentiation advantage, and how to sustain it. Longer than Competitive Strategy and more operational.

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Read it if…

you want to analyse where in your operations advantage comes from.

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Skip it if…

you want strategy at industry level; see Competitive Strategy.

Try instead: Managing the Professional Service Firm →

Three things you will actually use

  1. Advantage lives in activities.
  2. Cost drivers and uniqueness drivers.
  3. Linkages between activities are hard to copy.

Do this first

Map your value chain and mark where you differ from rivals.

Our verdict

The value chain.

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