What is Strategy - Porters view Free Essay, Term Paper and Book Report
In summary, Porter state that a company implements operational effectiveness when it performs similar activities better than its competitors do, achieving this way, a competitive advantage and a level of differentiation. Porter emphasizes the importance of reaching Operational Effectiveness, and explains how a company needs to be efficient when producing and delivering its product or service. However, like Porter explains, being efficient doesn't mean being effective. A company is efficient when it performs in the best possible way with the least waste of time and effort, but being effective also means to accomplish its goal by producing the intended result. The Japanese were able to achieve operational effectiveness by providing better quality with lower cost than competitors. It is important to understand that OE it is different from Strategy, but necessary because a company can have the best strategy but if it is not at least as good at what it does as competitors, the best strategy wont be enough to take it anywhere.
Porter explains the difference between performing activities b......
Word Count: 555
Page Count: 2.2 (250 words a page / double spaced)
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