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5 Conditions of a Good Strategy
1) Unique Value Proposition
- Who to serve/what need?
- At what price?
2) Tailored value chain(value network)
- How to configure to uniquely deliver the unique value proposition
3) Make trade-off
- What NOT to do
4) Fit between value chain parts
- Synergy
5) Continuity
- Need time to be good at something
-And for market and customers to understand the unique value proposition
- Overemphasis on change!
By Michael Porter
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