In the business world, everyone is surrounded by sharks. The only competitive advantage a small company has with a big one is it can turn on a dime
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Companies can act on the options they create only if their operations can support the execution.
It means understanding which operations and capabilities give a competitive advantage, and ensure the company owns them and invests in them.
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 ...
Small risks can sometimes combine, compound and mutate into something big. Yet the attention is always on the big stuff, and the small stuff happening around is largely ignored by all.
Example: A huge nuclear bomb that destroys entire countries is unlikely to be used preemptively, but ...
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