Corpus ID: 13927019

The Idea in Brief The Idea in Practice

@inproceedings{Porter2007TheII,
  title={The Idea in Brief The Idea in Practice},
  author={Michael E. Porter},
  year={2007}
}
C O P Y R IG H T © 2 00 0 H A R V A R D B U S IN E S S SC H O O L P U B LI SH IN G C O R P O R A T IO N . A LL R IG H T S R E SE R V E D . The myriad activities that go into creating, producing, selling, and delivering a product or service are the basic units of competitive advantage. Operational effectiveness means performing these activities better— that is, faster, or with fewer inputs and defects—than rivals. Companies can reap enormous advantages from operational effectiveness, as Japanese… 
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References

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In the nineteenth century, the railroad and telegraph were at the center of a set of technological advances, physical investments, and managerial innovations that transformed American industry
Complementarities and fit strategy, structure, and organizational change in manufacturing
TLDR
The theories of supermodular optimization and games provide a framework for the analysis of systems marked by complementarity and are used to analyze the characteristic features of the Lincoln Electric Company's strategy and structure.