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The network defines the customers’ problems to be addressed by the firm’s products and services and how much can be paid for solving them. Competition and customer demands in the value network in many ways shape the firms’ cost structure, the firm size required to remain competitive, and the necessary rate of growth. Thus, managerial decisions that make sense for companies outside a value network may make no sense at all for those within it, and vice versa.
The Innovator's Dilemma
Clayton M. Christensen
The language of my religion began to sound like the adults in A Charlie Brown Christmas.
Threshold of Discovery
L. Roger Owens
Tactical asset allocation is short-term in nature. This strategy is used to take advantage of current market conditions that may be more favorable to one asset class over another.
CAIA Level I
Mark J. Anson PhD CFA and CAIA Association
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