Listen "Business-Level Strategy: Cost Leadership vs. Differentiation Explained"
Episode Synopsis
What is Business-Level Strategy—and why does it matter for competitive success?
In this engaging class session, Dr. Claude Kershner explores the core principles of business-level strategy, including the strategic choices companies make to create value, gain market share, and sustain profitability. Drawing from real-world cases like Walmart, Toyota, Nordstrom, and Cirque du Soleil, this talk unpacks the four generic strategies—broad low-cost, broad differentiation, focus low-cost, and focus differentiation—and explains how companies align their operations to deliver on their chosen strategy.
Key concepts include:
The difference between low cost and differentiation
How to identify and serve a target market segment
The power of value innovation and Blue Ocean Strategy
Functional alignment and the importance of execution
Whether you're launching a startup, managing a team, or studying for your business capstone, this talk is packed with insights to help you think more strategically.
In this engaging class session, Dr. Claude Kershner explores the core principles of business-level strategy, including the strategic choices companies make to create value, gain market share, and sustain profitability. Drawing from real-world cases like Walmart, Toyota, Nordstrom, and Cirque du Soleil, this talk unpacks the four generic strategies—broad low-cost, broad differentiation, focus low-cost, and focus differentiation—and explains how companies align their operations to deliver on their chosen strategy.
Key concepts include:
The difference between low cost and differentiation
How to identify and serve a target market segment
The power of value innovation and Blue Ocean Strategy
Functional alignment and the importance of execution
Whether you're launching a startup, managing a team, or studying for your business capstone, this talk is packed with insights to help you think more strategically.
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