In order to enhance the competitive edge of China's stock firms and to face up with the international competition, to promote the research of competition strategy of China's stock firms and to seek the importance of the sustainable competitive edge of China's stock firms have become the first item on the agenda of the development of China's stock firms.
In the course of economic and financial globalization,the key to maintaining commercial banks' sustainable competitive advantages is to foster and improve their core competence.
In this paper, we first discussed what is the core competitive power for commercial banks,then analyzed the deficiency that existed in our stated-owned commercial banks,and finally put some suggestions for our stated-owned commercial banks to construct their core competitive power.
Porter's (1980) typology is one of the most widely cited by academics and practitioners, but it is debatable whether a single strategy will lead to sustainable competitive advantage (Helms, Dibrell and Wright, 1997).
Integrity can be used as the glue providing for credible leadership vision amid a strategic perspective oriented to competitive pressures, thereby enabling strategic leadership to contribute to a sustainable competitive advantage.
Strategic management is defined as the system of action programs which form sustainable competitive advantages for a corporation, its divisions, and its business units in a strategic planning period.
One of the study';s key findings is that successful firms relied upon their existing technical and management capabilities to obtain a sustainable competitive advantage in their new civilian markets.