Remove Competitive Advantage Remove Ethics Remove Human Resources Remove Operations
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Want to Cut Complexity? Kill Your Darlings.

In the CEO Afterlife

A long time ago, this ethic saved a near-bankrupt company that I had a part in restructuring. To rise from the ashes, our young management team made several tough sacrifices to transform a multi-product, multi-brand operation from generalist to specialist. Specialists beat generalists – always have, always will.

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Will Artificial Intelligence Take Your Job?

Leading Blog

Acquaintance with how systems think can be helpful in troubleshooting, understanding limitations, and explaining the operation of cognitive technologies.”. That means humans have a competitive advantage in the workplace if they are perceptive, sensitive, and insightful about human emotions.” So always be learning.

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20 Reasons Why Companies Should Do Less Better

In the CEO Afterlife

What’s left in apparel and sporting goods is a good strategic fit with Nike’s operations. The reward is longer-term competitive advantages. Whether you are a start-up or a Procter & Gamble, the ethic of focusing on what you do best and excelling at it is the culture and the identity that sustains an organization’s success.

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Be Different! The Key to Business and Career Success

Skip Prichard

It’s a provider that a customer or client favors in the purchase of a product or service versus its competition. A preferred provider has a significant competitive advantage over all other providers, because it is the “go-to” provider in the marketplace. What Is a “Preferred Provider”? These leaders never micro-manage.

Silverman 109
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How to Thrive Against Giants

In the CEO Afterlife

Monsanto , for example, enjoys the competitive advantage that emanates from a culture of clout. There might be elements that are worth emulating, but certainly not the ethic of dominance, because by their very nature, small and medium sized operations have no clout. That doesn’t meant they can’t be strategically powerful.

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Knowledge Is Power. Data Isn’t.

In the CEO Afterlife

Rather, it is using judgment at the right time and in the right place to seize the competitive edge. Competitive advantage, not information, is power. When I was a CMO and CEO, I operated with an entrepreneurial mindset that required taking decisions as early as possible. Entrepreneurial Mindset Power.

Power 100
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How to Ignite and Sustain Organizational Growth

Skip Prichard

There is no doubt that strong culture translates into a powerful competitive advantage. In fact, there is a huge risk in undervaluing the advantage the right culture plays. The culture required to drive a strategy of innovation is different from the culture required to develop efficiency or operational excellence.

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