This document discusses a 3-step migration lifecycle approach for maximizing competitive advantage when migrating to AWS: Act, Enhance, Pioneer. The Act phase involves lifting workloads to basic AWS services like EC2, VPC and S3 to reduce costs. Enhance focuses on improving scalability, agility and availability by re-architecting to services like EBS, RDS and Elastic Beanstalk. Pioneer aims to gain sustainable competitive advantages by refactoring for microservices, automation and removing single points of failure using services like Lambda, DynamoDB and API Gateway. Use cases and migration strategies are provided.