RSM100Y1 Lecture : Strategy
Document Summary
sources of competitive advantage: first 4 disappearing (not as important as they used to be) formal org: written down, informal: not written down. lower costs while employing highest paid factory workers in world. task and formal org (trust each other -> peacework, depend on each other) task and informal org (respect, communication up and down) formal and informal org (loyalty, hired till death) blue ocean: marine metaphor; implies competitive env is a space, some crowded, seeks parts of spaces where competitors not present.
