Industry Updates

Attention Grabbers, Apr 27

On Businesss

  • Avoid “Best in Class” … Go for one of the three ways of creating attractive returns: (1) differentiation (customer prefers your offer over that of the competition), (2) neutralization (make your competitor’s current competitive advantage meaningless), and (3) productivity (achieve same outcomes with fewer resources). Geoff Moore
  • Concentration as Competitive Advantage … Is the ability to do the hard things in life and business a pointer to future successful companies? Need to develop concentrated / deep expertise. In comments: (1) email can be very harmful to concentration; (2) becoming an expert means deep understanding, leading to the development of a large cognitive map. Business Pundit

Categories: Industry Updates