In the earlier blogs we discussed the concepts of competitive advantage, parity and disadvantage. We also had a discussion on why a strategy that creates a competitive advantage would "out-performs" the other that is either creates a competitive parity or competitive disadvantage. One question that obviously generates from here is that of Performance.
Performance could be defined in many angles and would vary according to the domain, the people involved etc. It is hard to have any agreement on the best way to define performance, forget measuring. There is no single measure of performance without flaws and the multiple approaches one adopts would be useful in actual strategic analysis.
Read in Kannada:
Performance could be defined in many angles and would vary according to the domain, the people involved etc. It is hard to have any agreement on the best way to define performance, forget measuring. There is no single measure of performance without flaws and the multiple approaches one adopts would be useful in actual strategic analysis.
Read in Kannada:
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