This document discusses the importance of managing strategy, operations, and partnerships in achieving a competitive advantage. It explores Thermax Ltd, an engineering company, and its sustainable solutions in energy and environment. The document covers topics such as competitive advantage, strategic proposals, stakeholder analysis, and the requirements for each stage of analysis. It also highlights the company's focus on portfolio balancing, selective internationalization, and innovation. Additionally, it discusses stakeholder analysis and the role of non-market and market stakeholders. Overall, this document provides insights into managing strategy, operations, and partnerships for business success.