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Summary: STOP STALLING: SMILE AT YOUR COMPETITOR
Review: CO-OPETITION is a wonderful term that says exactly what it means. In many ways, if you think of a successful joint venture, you will have the right idea. Certainly between competitors, but even between company and supplier or customer, there is some competition, if only for lower prices and better service. This book explains both by steps to follow and great examples how two (or more) parties can win-win. Rosabeth Moss Kanter and Michael Hammer each talk about the cluster idea, that companies do better when competitors and the business chain are all in close proximity. Even when not directly cooperating, they encourage each other to develop new ideas and stay sharp. To succeed, we must be willing to change and be open to new relationships. The old Tradition Stall (see THE 2,000 PERCENT SOLUTION by Mitchell, Coles and Metz) of "Talk to the competitor, Cooperate with a competitor - Never!" must be tossed out the window. The Disbelief Stall of "A competitor would never try to help us" must be dispelled to make real progress. I encourage you to read many books on this subject, for they will each give you a new approach.
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Summary: Refreshing & practical showcase of game theory
Review: Co-opetition presents a refreshing & practical showcase of game theory. The book is concisely written with good case studies. Although the book lacks mathematical detail of game theory, it manages to vividly illustrate how game theory concepts can be applied in the dynamic business world.
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Summary: A ¿must-read¿ for sure
Review: First of all I should state that this book is the kind that will make you ask yourself "Why have I not read it before?"! I strongly recommend it and shortly I will try to explain whom I recommend it and why.In fact, we are not talking about some recent business book, and therefore the potential reader should not expect to see very recent cases as support to arguments discussed. But still, the issues are very systematically, clearly and simply explained, although the examples that are used to support the arguments are "old". I met this "potential classic business book" (or maybe already a "classic business book") as I began to be interested in game theory. Therefore I can easily declare that "Co-opetition" is very appropriate for a person who would like to see solid, practical and especially business-oriented application areas of game theory. With this book, a "101 game theorist" can try and improve herself easily. But on the other hand, this doesn't mean that the only target readers of the book are the ones that are interested in game theory. The authors have achieved to develop and illustrate practical recommendations for business world by utilizing game theory concepts. So anyone who is business life will benefit from the concepts for sure. The language and the methods of explanation are very clear, far from being complicated and straightforward. The authors have supported all the major concepts and conclusions by using real-life examples. This way, the reader has more "reasons" to learn and remember the arguments discussed throughout the book. The logical order and the simple modular approach used to lead the discussions also help the reader understand everything explained easily. Although the book is in fact a "strategy book", the reader does not have to be someone with background information on strategy. But still, if the reader already has some background in strategic analysis, then the book offers a much more beneficial and enjoyable read. On top of everything, the nice but "not-so-difficult-to-handle complexity" of game theory itself is the real pleasure of the book. I recommend this book to college students who are to enter business life shortly, to people with active roles in strategic decision making processes of their corporations and to people who are interested in game theory but who don't want to cope with the mathematical models of it. Have a nice read...
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Summary: One of the best books about Strategy Management
Review: For those who are not familiar with game theory, this book has an excelent approach. It combines game theory, without mathematics, with strategy management and give good real life examples. I recommend it.
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Summary: Injects Your Mind With A New Insight !
Review: I've read this book when I was pursuing my MBA and I am reading it again as a businessman and founder of a new strategy company - its simply superb. It completely changes the way you look at your competition. Read the PARTS of strategy and not only sharpen your thinking but also revolutionise it.
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Summary: Really Excellent
Review: If you want a book about strategy READ this. One of the best books in this field. Well written and easy to read. A MUST !!
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Summary: Excellent on how the Game Theory can be applied in business
Review: It is an excellent book to apply Game Theory to analyse Business problem, and to develop corresponding strategy. Easy to read, to follow and to adopt!
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Summary: Creating better strategies using game theory
Review: Just out of college I was very enthusiastic to use game theory to solve business problems. But never found a way to use it. That was forty years ago. This is the first book that transforms a wonderful theory into something you can apply. The three key concepts are the "value net", PARTS and role-playing. The value net is a simple model of the players to consider. Not just your business and your client, but also the competitors, suppliers and complementors (a complimentor adds value to your product like mustard to hot dogs). PARTS are five ways to look at the game. P from players-who are they; may be add new ones, A from Added Value- how much value do you add to the game, if any, R from Rules-can the rules be changed, T from tactics, and S from Scope- making the game bigger. With role-playing I refer to putting yourself in the shoes of all the other players. How do they see the game? The book contains many practical examples. Some of these do not require game theory to think of them but without game theory you would never see all the interesting options. The book also has "spiritual" content. It shows how to find "win-win" theories and avoid price wars that are "lose-lose".Very worthwhile.
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Summary: No, PHD's do not know what strategy is
Review: Look at the world economy, Toyota just passed Ford in US, Sony is doing very good, even they make the dead-Ericson alive, look at Kodak, Panasonic, Honda, Japon Tobacco Ind, Seiko....
They all do excellent/very good, except a few industries as pharmetucals and FMCG, where US or Loreal gets all the profit from dumb products...
What is the reason for this? If you have some money to spend for nothing read this book, and read "Mind of Strategist" from Ohmae, and compare both of these books...
you will see the answer of the first paragraph above: US is dealing with theory and Japan with excellent execution.
This book is so theoretical that, almost none of the things mentioned are applicable. The critical thing is, even this book does not show how to think, since the writers are so much involved in theoretical aspects of strategy/game theory, in their offices at the universities that, applicability is dying in united states..
as told, there are some categories still US dominates, in belgium huge profits is done in pharmacy/beauty care products, as other US companies do in europe, (except Germany, Russia, UK, where Lever and Henkel is more powerful).
but all dying, thanks to theorical works as Co-opetition. As I told, please read Ohmae, and compare those books. The difference is so significant.
I do not know why this book get so much good comment, it can be due to positioning/image. But nothing inside.
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Summary: recipe for success
Review: Not only do the principles shared in this book make for excellent and informative reading, they can also be practically applied. I personally have taken examples from this book, applied details from my own business negotiations and built multi-million dollar deals. Suffice it to say I feel it is worth a few dollars to pick up a copy.
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