Competition Demystified, Bruce C. Greenwald
Competition Demystified, Bruce C. Greenwald
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Competition Demystified
A Radically Simplified Approach to Business Strategy

Author: Bruce C. Greenwald, Judd Kahn

Narrator: Timothy Andrés Pabon

Unabridged: 14 hr 22 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 11/20/2018


Synopsis

Bruce Greenwald, one of the nation's leading business professors, presents a new and simplified approach to strategy that cuts through much of the fog that has surrounded the subject. Based on his hugely popular course at Columbia Business School, Greenwald and his coauthor, Judd Kahn, offer an easy-to-follow method for understanding the competitive structure of your industry and developing an appropriate strategy for your specific position.

Over the last two decades, the conventional approach to strategy has become frustratingly complex. It's easy to get lost in a sophisticated model of your competitors, suppliers, buyers, substitutes, and other players, while losing sight of the big question: Are there barriers to entry that allow you to do things that other firms cannot?

About Bruce C. Greenwald

Bruce C. Greenwald was founding director of the Heillbrunn Center for Graham and Dodd Investing at Columbia Business School from 2001 until his retirement in 2019. In addition to training thousands of students in the mysteries of value investing, he taught oversubscribed courses on the economics of business strategy and globalization. His book Competition Demystified, published in 2005, is still in print. He has also been chairman of Paradigm Capital Management since its founding in 2007 and the director of research at First Eagle Funds from 2007-11, serving as a senior advisor since.


Reviews

Goodreads review by Viktor

My perspective on business has never been management, but rather investment. Still, this book had been recommended by several respected investors, so I decided to give it a try. I was not disappointed! The title aptly describes what this book is about: formulating a business strategy, based on the pr......more

Goodreads review by sherry

The real world case studies of different types of barriers to entry (or lack thereof) is where Competition Demystified shines, but the moment Greenwald pulls back for theoretical explanations, my interest would wane. Maybe it’s because I’m more of an ‘S’ than an ‘N,’ but some parts of this book were......more

Goodreads review by Sy.

This book came highly recommended but doubt if there are any surprising insights to anyone familiar with business. In fact, I'm seriously dubious if the authors had adequately considered factors like hindsight bias in choosing their examples. Their obvious lack of in-depth knowledge in industries us......more

Goodreads review by Cedric

Worthwhile only for the historical contribution to the literature around competitive strategy. The book’s primary contribution is the observation that it is barriers to entry that is important for competitive strategy. Greenwald believes this formulation is better than Porter’s original conception o......more