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What is Strategy vs. Operational Effectiveness about?

This document discusses the difference between strategy and operational effectiveness. [1] Operational effectiveness means performing value-creating activities better than rivals through practices like total quality management, but does not provide sustainable competitive advantage as those practices are easily copied. [2] Strategy establishes a competitive advantage by performing different activities than rivals or performing similar activities in different ways. It requires making trade-offs and ensur

Author

KewlZaya

Language

EN