|
Chapter Nine:
Firm-Level Learning
Summary from the book page 169-170
As the Cervantes quote at the
beginning of the chapter suggests, learning is not without
"inconveniences". He mentions "dizziness in
the head" and "weakness in the stomach" among
others. Our view is that it is more costly not to do the learning.
The "three C's" in
this chapter are the types of learning that inform the strategy
choices that firms get to make. That type of learning can
be one of the great points of leverage in mitigating the problems
inherent in the seven patterns and turning them into opportunities
for growth.
Customer learning, for example,
will help firms rely less on factor conditions as they learn
that they are often competing from within a poor "five
forces," with high rivalry and little ability to influence
customer behavior. Understanding costs and competitors has
the effect of improving relative position, by understanding
the sources of sustainable competitive advantages, and fundamental
weaknesses that need to be worked on. The combination of all
three C's allow firms to make a decision about their capacity
and the desirability to forward integrate, and provide the
basis for interfirm cooperation.
Perhaps the most innovative
use of this type of firm-level learning is the capacity to
inform the government-private sector dialogue about the realities
of the international competitive context, which provides an
opportunity to overcome paternalistic behavior. That does
not mean that government should use that information to take
an overtly interventionist role; however, at present so much
of the dialogue between the government and the private sector
is colored by poor information that the results is often negative
attributions and defensiveness.
Improved, strategic-type learning
could focus a country's leaders on creating sustainable, non-imitatable
advantages that can position local firms closer to end-users.
The benefits will include the formation of international alliances
and the creation of high and rising value for increasingly
sophisticated customers who are willing to pay more money
for the unique value they perceive. Learning like this creates
informed choice, which improves competitive positioning, and
turns the seven patterns into sources of advantage.
Return to Table of Contents
|