What are Michael Porter’s 3 Generic (Grand) Strategies?

Porter’s Generic Strategies Model describes 3 generic strategies for an organization to gain a competitive advantage. Those strategies are Cost Leadership, Differentiation and Focus.

HRTrainingClasses.com presents Elga Lejarza-Penn, SPHR, SHRM-SCP, the #1 exam prep instructor for the PHR, SPHR, SHRM-CP and SHRM-SCP certification exams! This video discussing Michael Porter’s Three Generic (Grand) Strategies is taken from one of her in-depth study group sessions conducted at the end of each week as a part of her 6-Week Evening Online Exam Prep Boot Camp to review the weeks topics.

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