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Our goal was to do more than just survive, but to position ourselves to be more competitive in the future. Chan Kim and Renée Mauborgne popularized the notion of a Blue Ocean Strategy , which focuses on new markets, rather than fighting it out in a “red ocean” filled with rabid competition.
The business world has always been a competitive one, but thanks to the internet and digital technology, the pressure to stay relevant is higher than ever. Digital is impacting the way we do business, and if you can’t keep up, you could find yourself falling behind your competition. Contributed post –. Image source. Participate!
From data scientists to webdevelopers to designers, firms are locked in competition for technical talent. When it comes to attracting technical talent, salary isn’t all that matters. One such non-monetary feature could be the technology used by their current employer. Insight Center.
Last year, 35% of 38,000 employers reported difficulty filling jobs due to lack of available talent; in the U.S., The issue is confusing because the skills required to work with new technologies are hard to measure. Nevertheless, employers still have real difficulties hiring workers with the skills to deal with new technologies.
” Meanwhile, skeptics highlight Amazon’s lack of expertise in health care, a sector that many deem curiously resistant to the competitive forces that characterize the retail and web services markets in which Amazon has thrived. The absence of fixed costs for customers attracted small and innovative webdevelopers.
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