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Strategicthinking. Agility may ultimately be your only source of sustainable competitive advantage. Magazine, founder of Praxie.com, and an affiliate at the Center for Effective Organizations at USC’s Marshall School of Business. Flexibility is a key success factor. Assumptions always exist but can be tested.
One competitive response is to try to explain to customers why they don’t really need what they think they need. The right combination of outside perspectives and productive strategicthinking exercises enables your brand to ideate, prioritize, and propel innovative growth.
Back in the Middle Ages when I was still with Fortune magazine, we had Warren Buffet in for an editorial lunch. “Gee, Warren,” I had the temerity to say to my fellow Nebraskan, “You don’t seem to like competition much.” I don’t know any good businessman who does.” WHAT’S WRONG WITH ME?”
Umair Haque Blogs Umair Haque On: Global business , Competition , Economy The Irish Banking Crisis: A Parable 4:33 PM Monday November 29, 2010 | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print Once upon a time, there was a country where bankers disappeared.
Umair Haque Blogs Umair Haque On: Global business , Competition , Economy Making Room for Reflection Is a Strategic Imperative 11:52 AM Wednesday November 24, 2010 | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print Business is, above all, busy.
As I think about companies that compete on consistent, low cost, reliable operations, most have or had leaders who were process innovators, such as Herb Kelleher at Southwest Airlines, Sam Walton at Wal-Mart, Ray Kroc at McDonalds, Jeff Bezos at Amazon.com, and Fred Smith at FedEx.
His work has shown how firms can use "frames" (the way in which prices are presented) to soften competition. His work has shown how firms can use "frames" (the way in which prices are presented) to soften competition. Ran Spiegler (with co-authors) has studied such strategies. Ran Spiegler (with co-authors) has studied such strategies.
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