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Dr. Constantine ‘Dino’ Kiritsis from StudySmart explains how Porter's Diamond Theory is used in a global competitive environment and as part of the ACCA's SBL (Strategic Business Leader) Paper.
An amazing model explaining why and how COUNTRIES (not companies) can have a national competitive advantage. As it can be assumed, if a country has some unique resources (i.e. oil, climate, know-how etc.) it can have a competitive advantage thus making organisations operating in such an environment possibly benefit from this uniqueness by operating in that country or even taking PART of their operation in their supply chain to that country. For example, Apple designs phones in the USA taking advantage of the US's talent in innovation and design, while it assembles the phone (at least until the time of publishing this course) in China, thus taking advantage of the top quality resources (talent) in China in terms of technology know-how, scalability for production and market.
Award winning Curriculum Development Expert, Entrepreneur, founder of StudySmart and professional trainer Dr. Constantine “Dino” Kiritsis has prepared a series of videos helping students understand the content of Business Models for Business School and Professional Qualifications candidates on MBA, ACCA – SBL – Strategic Business Leader, CIMA (Strategic & Management Cases) and other courses. For more, www.studysmart.gr.
