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  1. Dictionary
    competitive advantage

    noun

    • 1. a condition or circumstance that puts a company in a favourable or superior business position: "expansion is vital to maintaining a competitive advantage"
  2. 3 days ago · Sustainable competitive advantage is the unique quality or set of qualities that allows a company to consistently outperform its rivals and deliver superior value to its customers over time.

  3. 3 days ago · They struggled to adapt by overcoming barriers to change.Flexibility problems were inevitable. Even if competitive conditions were not impacted by exogenous change forces, sustaining advantage in a steady-state competitive arena became difficult; sustaining advantage in dynamic arenas became nearly impossible.

  4. 1 day ago · Adaptable systems, empowered employees, and a culture open to change drive superior business performance. To create a competitive advantage in an increasingly uncertain and unpredictable world, building an organizational change muscle is as important, if not more so, than having a great strategy, well-run operations, or the right talent.

  5. 4 days ago · Identifying core competencies is the crucial first step for investor-entrepreneurs seeking to unlock sustainable growth. These core competencies represent the unique strengths and capabilities that set your business apart from the competition. They are the fundamental building blocks that fuel your success and make you an attractive proposition ...

  6. 3 days ago · It allows you to proactively respond to unforeseen challenges and capitalize on emerging opportunities, ultimately safeguarding your long-term competitive advantage. This in-depth guide explores the concept of strategic flexibility, its significance, and practical strategies for building a resilient and adaptable business.

  7. 2 days ago · Porter defined two types of competitive advantage: lower cost or differentiation relative to its rivals. Achieving competitive advantage results from a firm's ability to cope with the five forces better than its rivals.

  8. 3 days ago · Reconfiguring for Competitive Advantage. Deloitte can help you illuminate supply networks to address today’s challenges and identify tomorrow’s opportunities—providing a platform for generating critical insights, optimizing business processes, and automating supply chain activities across your value chain. Print.

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