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Survival of the Fittest: Decoding Competition and Its Evolution

In: Advanced Strategic Management

Author

Listed:
  • Roberto S. Vassolo

    (Universidad Austral)

  • Natalia Weisz

    (Universidad Austral)

  • Benjamin Laker

    (University of Reading)

Abstract

In this chapter, we provide a comprehensive analysis of the industry life cycle, highlighting the influence of four key processes on competitive strategies: the evolution of technology, the progressive development of business models, the widespread diffusion of demand, and the evolution of competitive pressures. The competitive process impacts critical industry variables, including sales, prices, costs, and the number of competitors, thereby shaping the essential priorities of organizations. In addition, we emphasize the need for organizations to adapt their priorities in response to the evolving competitive landscape, effectively addressing inevitable challenges to ensure successful implementation and sustained competitiveness in dynamic business environments. To achieve this goal, we include examples, statistics, and figures that illustrate evolution across diverse and well-known industries.

Suggested Citation

  • Roberto S. Vassolo & Natalia Weisz & Benjamin Laker, 2024. "Survival of the Fittest: Decoding Competition and Its Evolution," Springer Books, in: Advanced Strategic Management, chapter 0, pages 35-53, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-57419-1_3
    DOI: 10.1007/978-3-031-57419-1_3
    as

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