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The Impossible Advantage
Winning the Competitive Game by Changing the Rules
Wolfram Wördemann (Author), Andreas Buchholz (Author), Ned Wiley (Author)
9780470717127, Wiley
Hardback, published 16 January 2009
224 pages
23.4 x 16 x 2.3 cm, 0.467 kg
"... reveals that success can be achieved by changing the market in which you operate." (Finance & Management Faculty, March 2009)
Conventional business strategies tell you that differentiation, the right positioning, and defining your superior edge will turn you into the ‘best player’ in your market – but this is wrong. The Impossible Advantage reveals that success can be achieved by changing the market in which you operate, rather than trying to beat the competition. The authors illustrate that the biggest, most spectacular and groundbreaking business success stories feature companies that make the rules – instead of just following them. The best companies seem to know how to break, change, or reinvent the rules of the market that everyone else follows. This book: For more information on The Impossible Advantage, go to the official website: http://www.impossible-advantage.com
About the Authors ix Foreword xi The Surprising Limitation of the World’s Number One Business Strategy 1 Why There Are Limits to the Power of Positioning 1 The Rule Maker’s ‘Impossible’ Advantage 3 Game Changing Strategies Start Where Positioning Stops 4 Six Prejudices to Ignore 5 It’s Time to Think Radically about Growth 7 Someone Committed to Breaking All the Rules 7 Games as a Strategic Model 14 Four Classical Game Strategies 22 Wanted: A ‘Highly Infectious’ Game Changing Idea 26 Our Plea for Free, Open and Radical Thinking 31 First Game Strategy: Redefining the Measures of Performance 35 Influence the Criteria of the ‘Customer Jury’ 38 How to Make Stronger Opponents Play Your Game 42 Attack on an ‘Invincible’ Market Leader 48 Surprising Escape from a Price War 53 How Global Power Players Rule the Game 59 The Essentials in Overview 63 Second Game Strategy: Reshaping the Market Landscape 67 How Market Structures ‘Regulate’ the Competitive Game 68 Balancing Act Between Flop and Global Success 71 Outfoxing a Negative Trend in the Market 77 How to Conquer ‘Impossible’ Market Potential 82 The Law of the Self-Fulfilling Prophecy 89 Change the World with a Radical Idea 93 The Essentials in Overview 98 Third Game Strategy: Restaging the Competitive Confrontation 101 What are ‘Game Patterns’ and How Can You Use Them? 103 ‘Staging’ the Competitive Confrontation – Hollywood-Style 108 Lessons Learned from Political Campaigns 115 Breaking Free from a Negative Role Pattern 119 Moving out of the Shadows into the Limelight 125 Turning the Tide of an Almost-Lost Battle 133 The Essentials in Overview 136 Fourth Game Strategy: Taking the Game to the Next Level 139 Taking the Game to the Next Level What Does That Mean? 143 Old ‘Top Dogs’ Can Become Terribly Short Sighted 147 Why It Takes so Little to Control a Category’s Evolution! 151 Courageously Slay the Sacred Cows! 154 Take the Lead When a Value Shift Hits the Market 157 When the Market Needs a Complete Overhaul 162 Radical Visions and Their Pitfalls 167 The Essentials in Overview 169 How Your Business Can Profit From Game Strategy 173 1. Explore the ‘Ideas that Rule the Market’ 174 2. Nothing Can Beat a ‘Game Changing Idea’ 176 3. Game Changers Can Take a Certain Degree of Control in the Market – and over Their Competitors 178 4. Game Strategy as a ‘Behavior Changing’ Instrument 180 5. Finally Game Strategy Is a Truly ‘Democratic’ Tool 183 The Five Steps to Game Strategy 184 It’s Time to Explore Your Own Game Changing Opportunities 192 After the Game 195 Postscript: How Game Strategy Differs From Game Theory 197 Thanks! 201 Index 203
Subject Areas: Business & management [KJ]
