This week we learnt strategic options to improve a
company’s market position (offensive strategy) and defensive strategies which
in protecting market position and competitive advantage. The company needs to
choose the basis for competitive attack and which rival to attack. The special
kind of offensive is blue ocean strategy, its mean your company have more
advantage than any rival. In simply word, no rival do what your company do. The
best way to offensive the rival is use capabilities and resources of company to
attack rivals through ‘surprise’ way by rival’s weaknesses.
The purposes of defensive strategies are to lower the
risk of being attacked and weaken the impact of any attack that occurs. The important thing of strategy is to
protect company’s position by two actions which are actions to block
challengers and actions to signal the likelihood of strong retaliation. The other
things we learn in this chapter are benefits of strategic alliances, its
advantages and horizontal and vertical scope and so on.
That’s all I can share in this chapter..I think this
chapter is quite difficult for me to understand huhuhu hopefully, I enjoy when I
read it later..
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