Nov 292012

A new vision of the strategy focuses on the creation of value and influence of the changing competitive landscape. The forces of deregulation, technological convergence and industry (eg digital photography), emerging markets, and the Internet create a new competitive dynamic. It is “a new game with new rules.” Managers must quickly learn to understand and compete in this new environment. Dr Prahalad examine a) the contours of the new competitive environment, b) changes in the process by which managers can create value, c) the need for a fast learning curve and an equally important fast “curve oblivion “, d) the process of becoming opportunity driven, and e) management requires managers.

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