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The Mutual Benchmarking Method for Smes’ Competitive Strategy Development Cover

The Mutual Benchmarking Method for Smes’ Competitive Strategy Development

Open Access
|Aug 2014

Abstract

Competitive advantage is a relative feature, evaluated in respect of other competing enterprises. The gaining of sustainable competitive advantage is conditioned by knowledge of own performance and the results of the competitive environment. SMEs have limited opportunities to obtain such information on their own. The method of mutual benchmarking changes this situation by introducing the collaborative network. The aim of the cooperation is to support each of the group members to achieve sustainable competitive advantage, which is the result of a conscious strategy, and not only a matter of chance. This cooperation is based on the collecting and processing of data and sharing information through a common IT platform: for example, a group of Polish SMEs was shown how to implement such a common IT solution and how to provide the information preparing within the proposed service. The whole is a complete proposal for effective support of creating a competitive strategy in SMEs.

DOI: https://doi.org/10.2478/fman-2014-0015 | Journal eISSN: 2300-5661 | Journal ISSN: 2080-7279
Language: English
Page range: 81 - 96
Published on: Aug 15, 2014
Published by: Warsaw University of Technology
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2014 Katarzyna Rostek, published by Warsaw University of Technology
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.