Simply copying strategies existing players is not enough to succeed in the competition. Whether it is an existing market or a new market, it is important to develop methods for higher-value at a lower cost to extend the meaning of the border. For most companies, this is a special process that rarely can be structured. In addition, existing structures, such as the chain is very well explained by the strategy after the fact, but not as well, helping managers to develop a strategy from scratch. Developing a simple framework that all firms can use to develop successful strategies, tactics where details can be clearly identified at the design stage. This system provides managers with greater choice in developing new business models. "Hide
by Sayan Chatterjee Source: California Management Review 18 pages. Publication Date: February 1, 2005. Prod. #: CMR302-PDF-ENG