Competitors
All differences in business models can create the potential for competitive risk exposure. This does not mean that a company should imitate its competitors, but that it should consider the risk when they have different strategies.
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Guidelines For Managers
Top leaders and managers can benefit from these broad guidelines on risk-management issues:
- Companies in the same sector need not necessarily have the same hedging strategies.
- Companies can benefit from risk management strategies even if they don’t have any major investments...
Aikido. Convert competitors’ strengths to weaknesses
Aikido refers to products or services that are radically different from the industry standard (WHAT?). In company terms, this means that it seeks to occupy a position that is diametrically opposed to that of its competitors, obviating the need for
4 Levels Of Importance
Level 1: Admiration 🤩
This level is just a mind trick and should not be given too much importance.
Level 2: Mutual Attraction ❤️
It feels good, but just because there is mutual attraction does not mean our intentions will align.
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