Competitiveness of a Company: Dimensionality of Competitiveness (original) (raw)

Organizational Competitiveness: The Conceptualization and Its Evolution

JOURNAL OF TOURISM AND HOSPITALITY MANAGEMENT

The purpose of this article is to examine the conceptualization and evolution of the construct of Organizational Competitiveness. The present study analyzed the existing literature about Competitiveness between 2009 and 2018, starting with the theoretical proposals for the concept presenting the evolution during the last decade, variables affecting competitiveness both internal and externals, dimensions and measurement proposal in order to study the progress of the construct of Organizational Competitiveness in different sectors. The analysis focused on recognized journals around the topic according to Scimago Journal & Country Rank (SJR) and the database of Scopus. The results of the present research show varied information about qualitative, quantitative and multidimensional approaches analyzed through the time, also the gaps around the topic, for promoting future research and a deeper consideration around a concept, that have an importance influence in the evolution of the companies.

Competitiveness of Companies in the Competitive Environment - The Essential Question of Performance Management

International conference KNOWLEDGE-BASED ORGANIZATION

Competitiveness is the ability of the company to compete with commodities that meet the needs of customers in terms of price, quality and diversity. It is possible to the extent that the firm has a competitive advantage and whose affirmation has its source in the internal conditions of the firm and which the economic environment, first of all the competitive one, can favor. In the field of management, the strategy is the art of conducting a set of devices in order to achieve a goal. M. Porter argues that the strategy is "the art of building competitive advantages that can be defended over a long period of time."

CONTEMPORARY CONCEPT OF BUSINESS COMPETITIVENESS

Journal of Management, 2023

Business competitiveness topic is widely discussed among researchers in various science disciplines and areas. Industries and companies have been forced to adapt their activity to various changes that have a significant impact on their competitiveness. The authors revise contemporary concept of business competitiveness. Competitiveness provides direction for long-term economic growth, contributes to increasing asset value and competitive advantages, attracts more investment. Therefore, this study aims to assess how well the existing literature on competitiveness. The competitive situation of the market allows for a company to retain its customers for the long term, and to this end, providing quick and flexible service and ensuring the availability of products are of key importance. Existing research is largely based on a variety of innovative models and indicators, with a relatively small difference being the assumed operational relationship of competitive factors at different scales. Many researchers describe competitiveness at the national level. Scott and Lodge (1985) describe competitiveness as the intrinsic ability of a product to create, produce, distribute, service and/or produce a product in international trade. The tumultuous beginning of the this century has brought new challenge to companies and industries. The main criteria and sources of competitiveness at the country, industry and company level are updating the connotations of competitiveness. Individual competitiveness frameworks and models were reviewed and classified. After, the paper includes bibliometric literature study on the competitiveness in the period 2021-2023 and examines trends, as well as prospects for future research. The findings of the bibliometric analysis confirmed that research on competitiveness is mainly focused on the global market and company level.

Factors That Contribute Towards Competitive Advantage: A Conceptual Analysis

The concept of competitive advantage has received considerable interest from researchers. Firms need to manage the factors that contribute towards competitive advantage to ensure their survival. This paper focuses on the factors that contribute towards competitive advantage. Through the analysis of existing literature and the practices adopted by industry-leading firms, several propositions have been made. The paper highlights the importance of factors related to the choices of businesses, diversifications, deployment of resources, the value chain and culture, and the importance of strategic renewal and change initiatives. The practices adopted by leading firms for managing the factors that drive competitive advantage have been referred to provide the necessary evidence in support of the propositions.

Footnotes to organizational competitiveness

Economics and Business Review

The aim of this paper is to enhance our understanding of evolution of the concept of competitiveness: how it developed and changed over time. The intention is to review three theoretical and practical reasons that explains why it remains such an important and elusive concept in the same time. First, competitive advantage in particular area or activity will always coexist with relative competitive disadvantage of an organization. Second, organizations can attain competitive advantage in many different ways, also by luck, and it is very difficult empirically to differentiate one from another. Third, many of the complications in studies of organizational competitiveness are results of growing multidimensionality, complexity and fuzziness of organizationenvironment relationships.

Measuring Company Competitiveness

The Complex South-Transdanubian Regional Competitiveness Research was a questionnaire-based research in 2005-2007 with the main goal of measuring competitiveness. Competitiveness can be defined by many people. It is possible to interpret it by region, industry, company or product. During the research we investigated the competitiveness on company level, so those factors which affect the competitiveness of a company. The research team developed a Competitiveness Index, which classifies the competitiveness of companies into different categories. Discriminant analysis was used the test the Index, multivariable logistic regression to examine the different competitiveness groups. When creating the index we took into consideration the changing of target markets, we matched self-maintainment with adaption to changes. We included research and development (as an indication of innovation), and the rate of marketing budget. We identified the existence of strategic alliances as company networki...

The competitiveness assessment model: A thought-structuring approach to analysis

Competitive Intelligence Review, 1999

For those unfamiliar with complex competitiveness models, or who lack the time for long-term, in-depth analysis, the Competitiveness Assessment Model is a simple tool that allows for analysis beyond the known quantifiable data into creative synthesis. The model contains eight main categories that play a role in the competitiveness of any enterprise: (1) Organizational Structure; (2) Global Presence; (3) Products & Methodologies; (4) Operations; (5) Research & Development; (6) Market Image; (7) Growth Strategy, and (8) Management. Each category, in turn, has five subcomponents addressing specific areas of concern within the category. The categories and subcomponents are meant to broaden the novice analyst's perception of what competitiveness means and the various ways in which efforts in these areas can effect the company's overall competitive advantage or disadvantage. The analyst proceeds through each category, ranking individual subcomponents and then totaling the overall score for that category, placing the rating within a "wagon wheel" matrix. When completed, a judgment call can be made about the overall competitiveness of the company under investigation, in comparison with its competition within an industry segment or market.

Analysing competitor and creating a competitive advantage

Businesses aspire to create a distinct identity by creating distinctions in the minds of consumers who have independence of preference in today's dynamic world, with limited resources. Therefore, not only do businesses pay greater attention to activities to seek to attract their consumers to their own goods, but still devote energy, resources to commitment to hold them committed to their own brands. In a style of a qualitative research, the study aims to describe how to analyse competition and also explore how to create a superior competitive advantage in a dynamic business environment. In addition, the paper exhausts literatures on how to conduct competitor analysis, using SWOT analysis and Porter's five forces. However, competitive advantage, importance of competitor advantage, types of competitive advantage and the rest of it to mention but a few were discussed. The paper recommends that more work should be carried out quantitatively on the subject matter.