The Competitive Company
By Anders Hemre
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About this ebook
Today, competition seems to be everywhere. At the same time, successful companies need to find effective ways to both collaborate and compete. In fact, a competitive company most likely is also one that collaborates well and is able to form productive partnerships.
The Competitive Company provides a review of those organizational capabilities that primarily contribute to a company’s competitive capacity and inspires organizations to think about their future, build business strength, craft a superior strategy and find new or better ways to compete.
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Book preview
The Competitive Company - Anders Hemre
THE COMPETITIVE COMPANY — Second Edition
By Anders Hemre
E-book Published by Geoffrey B. Dahl & Associates Inc.
INTRODUCTION
This book – the last in a series of three about modern management – wants to inspire organizations to think about their future, build business strength, craft a superior strategy and find new or better ways to compete.
List Of Content
PREFACE
THE CASE FOR COMPETITION
A Brave New World
Around the Globe
Technology on Trial
Product Pioneers
Good Business Behavior
Globalizing Innovation
The Hunt for Talent
Competition and Regulation
Learning to Compete
The Competitive Advantage
THE ART OF STRATEGY
Making Strategy
When strategic thinking fails
Managerial Algorithmics
Working with Knowledge
Evolving the Enterprise
Getting Good Ideas
Mastering Technology Markets
Through the Business Binoculars
Innovation and Strategic Uncertainty
Tossing the Business Coin
The Option of Failure
ON THE CUTTING EDGE
The Agile Business
Top Quality
Working Out at the Business Gym
Simulating Innovation
Game On: How Future Leaders Learn
Big Data
From Org Charts to Org Smarts
Leaky Business
Tacit Trauma
Preserving Expertise
COMPETITIVE POSITIONING
Competitive Intelligence
The CI Professional’s Dilemma
Productive Partnerships
Extending the Enterprise
Doing the Due
Competing with Culture
Human Resources
People and Profit
Slacking Off
OUTPERFORMING THE REST
The Capability Challenge
Building Business Strength
The Competitive Company
COPYRIGHT – ABOUT THE AUTHOR
PREFACE
Survival of the fittest has been a condition of all species since the dawn of time. Throughout its history, mankind has competed for territory, resources, power and wealth. Ideas and cultures have clashed. Trade wars have been fought. Fortunes have been made and lost.
Today, competition seems to be everywhere. At the same time, successful companies need to find effective ways to both collaborate and compete. In fact, a competitive company most likely is also one that collaborates well and is able to form productive partnerships.
I have previously written about creativity and competence. This book – the last in a series of three about modern management – wants to inspire organizations to think about their future, build business strength, craft a superior strategy and find new or better ways to compete.
I found writing this book the most challenging of the three. It has certainly taken the longest to complete. But it has also been the most interesting as being competitive is such a desirable characteristic of businesses, yet so difficult to acquire. After all, what difference does it make to be creative and competent if a company is not competitive?
The behavior of competitive markets has been studied extensively. Much has been published by researchers and business thinkers.
This book identifies those internal capabilities that primarily contribute to a company’s competitive capacity. I have previously published some of the features in newsletters, blog posts and magazine articles.
To be fair, I have relied on my own experience as well as on the work of others. I’m fortunate to have had the opportunity to listen live to inspiring thought leaders like Peter Senge, Tom Stewart, Tom Davenport, Henry Chesbrough, Benjamin Gilad and the late Peter Drucker.
During my corporate and consulting careers numerous colleagues and clients have shared their knowledge with me. It has been invaluable.
Even though the topic of competitiveness is a most serious one, I have again included a few of my raillery cartoons. I hope they add perspective and perhaps also cause a chuckle or two.
Enjoy the book.
Gothenburg in November 2015
Anders Hemre
THE CASE FOR COMPETITION
I can’t play if I can’t compete
Jack Nicklaus
World Golf Hall of Fame 1974
Only governments, monopolies and charities can operate in non-competitive environments.
For almost everyone else there is competition.
Start-up businesses compete for investors. Ongoing businesses compete for markets and customers. Companies compete to hire and retain the best employees. Departments compete for mandates and projects compete for resources.
Most companies try to get ahead simply by offering superior value through products and services that are cheaper or better than those of their competitors. In reality, the business environment is a dynamic mix of strengths and weaknesses, opportunities and threats, insights and blind spots, trade-offs, short term considerations and strategic intent.
Being competitive is thus a dynamic and complex characteristic of firms, industries, regions and nations. Globalization, industry and trade regulations, taxes and policies, economic