The document discusses sources of competitive advantage such as strong context, structural advantages, and differentiated organizational competencies. It also discusses how these advantages can erode over time and the importance of relational contracts and leveraging strengths when pursuing strategic changes. High-performing firms often have complementary structural advantages and organizational competencies that reinforce each other.
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The document discusses sources of competitive advantage such as strong context, structural advantages, and differentiated organizational competencies. It also discusses how these advantages can erode over time and the importance of relational contracts and leveraging strengths when pursuing strategic changes. High-performing firms often have complementary structural advantages and organizational competencies that reinforce each other.