Pottery : Art of Clay modeling
Portery : Study of the The Competitive Strategy in various versions ..
Well, I am not going to discuss about Pottery ...Nonetheless, India has been a master in pottery since ancient times, and the art is still practiced by the skilled community in different parts of India.
Portery - as per my definition, of studying Porter and his forces, competitive strategy etc; is very relevant now as Porter returns with his article 'The Five Competitive Forces That Shape Strategy'.
He acclaims a new version of his classic work of strategy formulation with the practice lens. Lately, he had brought economic rigor to the study of competitive strategy for corporations, regions, nations, and, more recently, health care and philanthropy. “Porter’s five forces” have shaped a generation of academic research and business practice.
Porter contends, if the competitive forces are intense, as they are in such industries as airlines, textiles, and hotels, almost no company earns attractive returns on investment. If the forces are benign, as they are in industries such as software, soft drinks, and toiletries, many companies are profitable. How else do we explain the fact that some fast-growth businesses, such as personal computers, have been among the least profitable industries in recent years. With competitive strategy, Porter extended the competitive forces analysis to the point of view of industry itself going beyond looking through the prism of markets or of organizational capabilities. Porters framework , after more than two decades since it got into mainstream thinking on competition and strategy.
Sometime back, Porter had given good comments and insights about strategy for India's competitiveness. He noted " it is too early for India to think that it had been successful, even partially." I agree with this fullest, and India has a long way to go...
Even encashing the art of Pottery with the leanings from Portery can be a challenging task to start with .......Which in my view to some extent, Chinese have done. USA shops are full with Chinese Cutleries, not Indian ones....
My Slogan for the day Portery for Pottery..!
Saturday, January 12, 2008
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