Advanced Strategy

Diagram of increased performance over time, with three examples of relational contracts.

This course pays particular attention to relational contracts; here, several examples of relational contracts for a mature, high-performing organization are shown. (Image by Prof. Rebecca Henderson.)

Instructor(s)

MIT Course Number

15.963

As Taught In

Spring 2008

Level

Graduate

Cite This Course

Course Description

Course Features

Course Description

This course draws on a wide range of perspectives to explore the roots of long term competitive advantage in unusually successful firms. Using a combination of cases, simulations, readings and, most importantly, lively discussion, the course will explore the ways in which long term advantage is built from first mover advantage, increasing returns, and unique organizational competencies. We will focus particularly on the ways in which the actions of senior management build competitive advantage over time, and on the strategic implications of understanding the roots of a firm's success.

Related Content

Rebecca Henderson. 15.963 Advanced Strategy. Spring 2008. Massachusetts Institute of Technology: MIT OpenCourseWare, https://ocw.mit.edu. License: Creative Commons BY-NC-SA.


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