D'Aveni's 7S framework is
Richard D'Aveni's approach to directing a firm in a high velocity or
Hypercompetitive markets. it is designed to enable firms sustain the momentum of their competitiveness through a series of initiatives that are poised to give temporary advantages rather than just structuring the firm to achieve internal or external fit aimed at maintaining equilibrium that are designed to sustain unsustainable
competitive advantage
In business, a competitive advantage is an attribute that allows an organization to outperform its competitors.
A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled ...
s. Based on factors such as:
# Stakeholder satisfaction.
# Strategic soothsaying.
# Positioning for speed.
# Positioning for surprise.
# Shifting the rule of the game.
# Signaling the strategic intent.
# Simultaneous and sequential strategic thrust.
All of these factors address the Four Arenas of Competition referred to in his book,
Hypercompetition
Hypercompetition, a term first coined in business strategy by Richard D’Aveni, describes a dynamic competitive world in which no action or advantage can be sustained for long. Hypercompetition is a key feature of the new global digital economy. N ...
.
References
*Plant, R. 2006
Hypercompetition and Differentiation accessed 5/11/2010.
*D’Aveni, R & Gunther,
Hypercompetition - Hypercompetitive Rivalries accessed 01/11/2010
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Strategic Planning for Hypercompetition Era
Competition (economics)
Sociological theories
Systems psychology
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