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First mover advantage & Late mover advantage
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When does a CSR Initiative provide a First
– Mover AdvantageAuthors
Carol- Ann Tetrault Sirsly&
Kai Lamertz
Presented By:Nikhil Reddy Gudur
What is CSR
CSR is about how companies manage the business processes to produce an overall positive impact on society.
Cairn India
First – Mover Advantage
First mover advantage refers to a significant competitive advantage gained by being first in the market.
Example:
Apple (I Phone & I pad)
Attributes of CSR Initiatives
1). Centrality – linked with firms mission
2). Specificity – benefits from CSR
3).Visibility – Firm’s stakeholders
Elements Considered
Resource Preemption
Learning Curve
Customer Cost Structure
Aymmetries
Assessing the external environment
Stakeholder Management
Issues Management
Propositions1). Centrality, Specificity, Visibility will be having First- Mover Advantage.
2). Centrality & Specificity likely to provide also First – Mover Advantage.
3). Centrality & Specificity will not sustain a First- Mover Advantage.
4). Centrality and Visibility would support
Late- Mover advantage.
5). Can go with anyone of the initiative and
exploiting asymmetries.