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Models For Competitive Dynamics

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Running Head: MODELS FOR COMPETITIVE DYNAMICS 1

Models for Competitive Dynamics

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MODELS FOR COMPETITIVE DYNAMICS 2

DYB vs GYB Strategies

These two strategies are used by various firms to give them a competitive advantage as

compared to other firms in the same industry while managing to keep maximum profits coming

into the firm to encourage growth and development. The competitiveness of these firms in the

market within which the industry falls comes from the competitive advantages that the firm

manages to acquire after strategically trading. At the end of achieving the competitive

advantages then the firm is guaranteed some form of stability in the industry. The strategies hold

great differences between them but still end up achieving competitive advantages for the firms in

question. The whole idea behind Destroy Your Business strategy is the fact that a firm takes

advantage of another firm’s weaknesses and grows on them as a way of gaining competitive

advantage in the market or industry. On such a note, this firm will direct its efforts towards

completely ensuring that it has exhausted all the weaknesses of the competing company for the

sake of its growth. It might even solely invest in another company’s weaknesses.

A disadvantage of the Destroy Your Business strategy is that the activities that the firm is

tasked with or focuses on are put on hold or disrupted to solely focus on the gaining on the

weaknesses of the other party. However, it helps competitive companies maneuver their way

around the industry without other firms getting to them, but this is only if they uncover the

weaknesses in good time. Grow Your Business strategy has to do with firms putting into practice

strategies laid out for the sake of the growth and development of the business. It is slightly

connected to the Destroy Your Business strategy through making contact with acquired clients

for growth. The DYB is more of a manipulation strategy while GYB focuses more on the growth

of the business in ways that are acceptable (Hargreaves, Boyle, & Harris, 2014).

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Running Head: MODELS FOR COMPETITIVE DYNAMICS Models for Competitive Dynamics Name Course Tutor Date 1 MODELS FOR COMPETITIVE DYNAMICS 2 DYB vs GYB Strategies These two strategies are used by various firms to give them a competitive advantage as compared to other firms in the same industry while managing to keep maximum profits coming into the firm to encourage growth and development. The competitiveness of these firms in the market within which the industry falls comes from the competitive advantages that the firm manages to acquire after strategically trading. At the end of achieving the competitive advantages then the firm is guaranteed some form of stability in the industry. The strategies hold great differences between them but still end up achieving competitive advantages for the firms in question. The whole idea behind Destroy Your Business strategy is the fact that a firm takes advantage of another firm’s weaknesses and grows on them as a way of gaining competitive advantage in the market or industry. On such a note, this firm will direct its efforts towards completely ensuring that it has exhausted all the weaknesses of the competing company for the sake of its growth. It might even solely invest in another company’s weaknesses. A disadvantage of the Destroy Your Business strategy is that the activities that the firm is tasked with or focuses on are put on hold or disrupted to solely focus on the gaining on the weaknesses of the other party. However, it hel ...
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