Strategic Management of System of the Enterprise's Sustainable Competitive Advantages

Journal Title: Бізнес Інформ - Year 2015, Vol 4, Issue 0

Abstract

The article is aimed to analyze the mechanisms of formation and use of sustainable competitive advantages that are able to generate various forms of rent, according to the main scientific approaches to strategy of formulating a common conceptual model of strategic management of system of the enterprise's sustainable competitive advantages. In the article, influence of organizational capabilities on establishing competitive advantages and choice of an enterprise strategy is studied. A conducted analysis of scientific approaches to strategic management testifies a strong relationship between competitive advantages and economic results of the organizational strategy. The article examines the economic mechanisms for creating competitive advantages in accordance with the basic concepts of strategic management. It has been demonstrated that when using historical and dynamic approach to the analysis of formation of positional competitive advantages, related to a sectoral model of five competitive forces, the model is methodologically consistent with ideas of the dynamic resource conception for the organizational strategy. It has been revealed that any competitive advantages based on organizational capabilities can provide various forms of quasi-rent. The content of economic-managerial strategy of organization has been clarified. A model of strategic management of the system of enterprise's sustainable competitive advantages has been proposed.

Authors and Affiliations

Dmytro Somov

Keywords

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  • EP ID EP148144
  • DOI -
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How To Cite

Dmytro Somov (2015). Strategic Management of System of the Enterprise's Sustainable Competitive Advantages. Бізнес Інформ, 4(0), 273-278. https://europub.co.uk/articles/-A-148144