
Hosted by Stephen Jones, Ph.D. · EN
Audio versions of business strategy articles by Stephen Jones, Ph.D. Find them at stephen-l-jones.github.io/articles.

Strategic management theories explain why firms achieve superior performance, with each theory offering unique insight. View the article: https://stephen-l-jones.github.io/articles/a-survey-of-strategy-theory.(03:12) Industry view(06:30) Resource-based view(15:51) Applying strategy theory

Analyzing a firm’s profitability can reveal its strategy—and how well it’s working. View the article: https://stephen-l-jones.github.io/articles/profitability-analysis.(01:57) Profitability as return on invested capital(14:00) Benchmarking ROIC(16:11) Going deeper: Return on sales and capital turnover(20:53) Going even deeper: Expense, asset, and unit-based ratios(26:21) Analyzing profitability

Five strategic avenues lead to superior performance, each using a different economic logic. View the article: https://stephen-l-jones.github.io/articles/strategic-avenues-to-superior-performance.(00:37) Value composition(05:56) Pricing avenue(12:01) Value-creation avenue(16:30) Efficiency avenue(20:34) Market-expansion avenue(26:09) Rivalry-reduction avenue(29:53) Choosing an avenue

Winning firms create and capture value using economic fundamentals. View the article: https://stephen-l-jones.github.io/articles/value-creation-and-value-capture.(00:28) Industries(04:05) Customer demand and firm profit(12:47) Value creation(18:06) Value capture