7 Powers: The Foundations of Business Strategy

7 Powers presents a framework for creating and sustaining competitive advantages in the business world. The book identifies seven strategic powers—Scale Economies, Network Economies, Counter-Positioning, Switching Costs, Branding, Cornered Resource, and Process Power — that can help companies achieve long-term success. Helmer explains each power with clear examples, illustrating how businesses like Netflix, Apple, and IKEA have harnessed these principles to dominate their markets. He emphasizes the importance of selecting the right power based on a company's specific context and strategic goals. By providing actionable insights and a structured approach, the book enables readers to analyze their own organizations, understand the sources of enduring market advantage, and make informed strategic decisions that can lead to sustained profitability and growth.