External link to Essentially, leadership is about people management

Essentially, leadership is about people management

Mohandas Gandhi once admitted that “I suppose leadership at one time meant muscles; but today it means getting along with people.” Essentially, leadership is about people management. As a leader, one has to realize that the value of leadership is determined by the ability of the leader to deal fairly with the people placed under him. Interestingly, we can say that all men are leaders. […]

External link to Differentiation or Cost Leadership

Differentiation or Cost Leadership

The textbook suggests that there are only two generic strategies available to a firm: differentiation or cost leadership. Both strategies can be applied either into a focused market or a broad market. Do you agree that these are the only two strategies available? Are they mutually exclusive? Why or why not? Porter’s Generic Strategies Target ScopeAdvantageAdvantage Low CostProduct Uniqueness Broad(Industry Wide)Cost Leadership StrategyDifferentiation Strategies Narrow […]

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