When a company is at a better position to provide strong value to the customer, it is said to be at a competitive advantage.

Example: A cable TV operator offers low cost wifi internet services at great speeds and no downtime, which isn’t offered by the competition in ...

This an unfair advantage to famous speakers, whenever they get on the stage they get a huge amount of attention from the audience without saying anything. But for new speakers, they have to earn it.

According to Eric -

Amount of attraction created = Quality of...

The workplace is a competitive zone, and enthusiastic workers take an unfair lead even though their plans are unrealistic and overly optimistic.

You don’t need to succumb to the pressure, once you understand how the planning fallacy works. The outcome will provide clarity to all.