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The Competitive Company
The Competitive Company
The Competitive Company
Ebook92 pages36 minutes

The Competitive Company

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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.

LanguageEnglish
Release dateAug 7, 2016
ISBN9781988375076
The Competitive Company

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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

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