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21 November 2017
Michael Porter, in the 1998 introduction to his book Competitive Strategy mentions a few books that have moved his original ideas forward. This is one of them. Oster’s book is a thorough analysis of the subject, with a strong mixture of theory combined with practical examples. The book emphasises that a full understanding of economic and managerial principles can make a striking difference in the quality of the strategic planning of an organisation and provide guidelines for effective corporate strategies. Covering areas in economics not treated in most other management and strategic planning books (eg game theory, added value analysis, etc.), Modern Competitive Analysis offers real guidance to forward-thinking management.