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Putting the model for competitive international strategy into practice
Linnaeus University, School of Business and Economics, Department of Marketing.ORCID iD: 0000-0003-0455-0643
2021 (English)In: Competitive International Strategy: Key Implementation Issues, Routledge, 2021, , p. 186p. 153-162Chapter in book (Other academic)
Abstract [en]

This chapter presents practical guidelines regarding the application of the model for competitive international strategy. Guidance relates to general steps to develop a strategy, operationalization of the model components, and how to develop competitive international strategy based on the example of the COLT case. Management of a firm is advised to formulate a competitive international strategy following these principal steps: (1) specify the current competitive international strategy and lessons from the past; (2) formulate relevant strategy alternatives and pay attention to competition (focused or global standardization, focused or global responsiveness, or combinations?); and (3) choose a competitive international strategy. For the last step, it is important to evaluate to what extent the strategy relies on sustainable competitive advantages, consistency among items of the strategy, whether it is explicitly formulated, enabling communication within the firm and with stakeholders, and whether it is possible to adjust the strategy under the influence of competition.

Place, publisher, year, edition, pages
Routledge, 2021. , p. 186p. 153-162
Series
Routledge Research in Strategic Management
National Category
Business Administration
Research subject
Economy, Marketing
Identifiers
URN: urn:nbn:se:lnu:diva-107103DOI: 10.4324/9781003054733-14Scopus ID: 2-s2.0-85096247499ISBN: 9780367479824 (print)ISBN: 9781003054733 (electronic)OAI: oai:DiVA.org:lnu-107103DiVA, id: diva2:1596739
Available from: 2021-09-23 Created: 2021-09-23 Last updated: 2021-12-08Bibliographically approved

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Pehrsson, Anders

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf