Your Whole Company Needs to Be Distinctive, Not Just Your Product

Harvard Business

But we are also regularly reminded of the lack of true differentiation in most mainstream global companies — and of the opportunities they are thus squandering. But starting in the early 2000s, the advantages of scale were mostly eliminated, in large part because of globalization, deregulation, and the rise of digital technology. Large companies found themselves competing against a much larger group of rivals, and a more global group, than ever before.

IAM 44

Why the U.S. Needs More Worker-Owned Companies

Harvard Business

Last year 400 members of IAM Maine Lobstering Union bought the wholesale operation of Trenton Bridge Lobster Pound and turned it into a worker-owned cooperative called Lobster 207. The International Association of Machinists and Aerospace Workers helped them take this step in an effort to preserve their industry, which was being decimated by collapsing lobster prices and the impact of global companies taking over formerly Maine-based wholesale businesses.

ESOP 44