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In the Harvard Business Review article, Profit Pools: A Fresh Look At Strategy (Gadiesh, Gilbert, 1998) the authors provide a series of examples of how companies faced with daunting competition, consolidating markets experiencing exceptional price competition and erosion, and a very myopic focus on profitability were able to find profit pools and grow. The companies included in the analysis completed by the authors include Budget, Gucci, Hertz-Penske, Ryder and U-Haul. The authors have anchored their analysis with examples that clearly illustrate how many of the world's leading companies are blind to greater opportunities for profitable growth by only focusing on a specific area of their value chains instead of its entire breadth of opportunities (Gadiesh, Gilbert, 1998). They have defined a profit pool as the total amount of profits that are earned in an industry across all points of its value chain. Included is a particularly well-done analysis of the PC Industry value chain, showing the dominance of microprocessor development followed by software and services. As Dell would find out, the PC industry is more of an integrative function that inherently doesn't have the value-add potential of Intel for example (Gadiesh, Gilbert, 1998). The innate structure of an industry will often dictate the trajectory of growth or decline and composition of profit pools over time as well. The series of examples throughout this analysis make these points very clear with regard to profit pool analysis and their implications on the current and future stability and viability of industries and the companies who compete in them. The following section of this assessment of the research in Profit Pools: A Fresh Look At Strategy illustrates a series of valuable lessons learned for companies who are competing in the industries mentioned. The lessons learned are also directly applicable to firms in industries that resemble the structure of the auto, PC manufacturing and distribution, high-end luxury goods (Gucci) and the truck and moving rental businesses.

Technology implementation is the introduction of new technologies to either an existing organization, or to a larger community, such as a type of business. In this essay, I will define technology implementation, and…

Learning at a distance is much different than learning in a classroom, but distance learning (specifically, online learning) can really have advantages that one just cannot get with learning that occurs at a set, fixed…

An Examination of the Purpose and Utilization of Social Networking Websites

Domestic abuse takes place when one person in a close relationship or marriage attempts to govern and control the other person in the relationship. Domestic abuse that comprises physical violence is known as domestic…

Although great strides have been made in recent years with respect to assistive technology (AT) in school and the workplace, challenges still remain. As pointed out by Stumbo, Martin and Hedrick (2009), AT must be…

The action made by an individual has some definite impact on the society, the generated impact can be observed instantly, or it may become evident with the passage of time. Before getting into the understanding of what…

¶ … positive pay and its impact on the reduction of check fraud issues. The writer explores how a positive pay system can help reduce the incidence of check fraud for individual companies and corporations.

There are many factors that can contribute to the inelasticity of products, including the current stage in the product lifecycle, the price elasticity of the industry the product is a part of, the number of substitute…

¶ … medicinal information, not only for physicians, nurses, and other medical practitioners, but also for patients and other laypersons. Among the most essential reference tools are those involving pharmacology; the…