In Michael Porter’s highly regarded strategy model, companies gain
competitive advantage by lowering costs or differentiating products. But today the traditional points of competitive differentiation had being squeezed on all sides. Third part contribution and the reasonable labor costs are available in almost any business, big or small. Other that, unassailable sources of advantage, such as access to capital or reasonable raw materials, are disappearing as markets go global. Companies that compete in advantages of environment are becoming ever more and more hard to establish and maintain.
This renovation of landscape requires refined business strategy. The capacity for innovation bringing imagination to bear to solve problems and respond to human needs. It all lies at the heart of success and Companies must find new and better ways to break out of the pack. Those that don’t will struggle to keep up in the marketplace. Read more
For some enterprises, a new green perspective will be trans-formative, leading to fresh thinking, new markets, profitability gains, and increased value. For others, the environmental lens may emerge more gradually and modestly, as another critical element of corporate strategy. With time, these companies may find long-term, sustained advantage, but not dramatic immediate gains, front being green. For the big, heavy industries, the gains are closer to being assured. But smaller and “cleaner” companies will find surprising benefits as well. Read more