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Title: Competitive strategies and organizational performance in ship management
Authors: Panayides, Photis 
Keywords: Shipping;Ships;Harbors;Management;Transportation;Competitiveness (Economics)
Issue Date: 2003
Publisher: Taylor & Francis
Source: Maritime policy and management: the flagship journal of international shipping and port research, 2003, Volume 30, Issue 2, Pages 123-140
Abstract: Ship management has been characterized by strong competition that resulted in structural changes in the industry, with the bigger companies merging or acquiring smaller ones in an effort to remain competitive. Competitiveness, however, may also be attained through the formulation and implementation of competitive business strategies that will improve performance. The aim of this paper has been to empirically examine the competitive strategy-performance relationship in the context of ship management companies. The findings suggest that there is a positive relationship between pursuing competitive strategies and company performance in ship management. Companies that apply competitive strategies are more likely to be high performers. The strongest influences on performance seem to be achieving economies of scale, differentiation (in particular through a wider range of services offered) and market-focus and competitor-analysis. It is suggested that high performers are more likely to pursue a combination of the generic strategies rather than pursuing one of the generic strategies in isolation
ISSN: 0308-8839
DOI: 10.1080/0308883032000084850
Rights: © 2003 Taylor & Francis Ltd
Type: Article
Appears in Collections:Άρθρα/Articles

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