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Blown to Bits

How the New Economics of Information Transforms Strategy

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Blown to Bits

By: Philip Evans, Thomas S. Wurster
Narrated by: Jeff David
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Summary
Richness or reach? For business leaders, it used to be a fundamental strategic tradeoff: focus on "rich information", customized products and services tailored to a niche market, or reach out to a broad, general market with watered-down information.

The new economics of information is blowing apart this traditional dichotomy. Increasingly, customers will have rich access to a universe of alternatives, suppliers will exploit direct access to your customers, and competitors will pick off the most profitable parts of your value chain. So where's your competitive advantage?

Blown to Bits demonstrates how companies can re-strategize to take advantage of the new economics of information. Using examples from a spectrum of industries, from financial services to health care, from consumer to industrial goods, from media to retail, Blown to Bits shows how to make the most of the new forces shaping competitive advantage.

© Philip Evans and Thomas S. Wurster. Published by arrangement with Harvard Business School Press; (P)2000 HighBridge Company
Economics Forecasting & Strategic Planning Leadership Management & Leadership
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