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Want to Thrive in Today’s High-Speed, Hypercompetitive Business World? Teach Your Management Team to Iterate.

Strategy Driven

When boiled down to its essence, management is a system of managers, operating in concert, constantly adjusting resources based on new information coming in to keep the business on target. In other words, management is the feedback system of the organization. Just look for the highest?performing Chances are they’re Iterating.

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Morning Advantage: Are We Really Getting Smarter?

Harvard Business Review

In the hypercompetitive travel space, Kayak has gone head to head with well-established brands like Expedia and Priceline quite successfully. They set up unmanned pop-up stores and asked people to pay $1 per bottle on the honor system. Commenters at both sites are skeptical. NOT JUST FOR BOATING ANYMORE.

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U.S. Manufacturers Are Hurting Themselves by the Way They Hire

Harvard Business Review

Given the hypercompetitive nature of global manufacturing, it wouldn't take much to kill this momentum and put the U.S. But many companies still don't use these systems; although manufacturers have become expert at process automation, most are still novices when it comes to automating the hiring process.

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Fail Bigger Cheaper: A Three Word Manifesto

Harvard Business Review

A system that fails to fail lacks the capacity to evolve — much less to gain resilience, or, above all, wisdom. The unforgiving truth is that failure — the ability to fail gracefully, relentlessly, consistently — has never mattered more. The future's not predicted — it's created. So create it.

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Why WikiLeaks Matters More (And Less) than You Think

Harvard Business Review

In turn — and here's the crucial part — India's likely to be able to create the future: stuff that's globally hypercompetitive, because it's lean, clean, and green, igniting a new basis for export-led growth, and, more than likely, offering better sources of advantage. Now let's go back to the much-maligned WikiLeaks.

GDP 16
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Seven Problems a Recovery Won't Fix

Harvard Business Review

Yet, mere recovery probably isn't enough to do much about growing financial insecurity, not just because gross output isn't concerned with how the pie is divided, but, more deeply, because fragility is a consequence of hypercompetitive, globalized, winner-take-all labor markets: in other words, it's a feature, not a bug. Pointlessness.

GDP 19
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Breaking the Death Grip of Legacy Technologies

Harvard Business Review

Even General Motors, which had a bird’s eye view of the Toyota Production System from its joint venture with Toyota at New United Motors Manufacturing Inc. What I didn’t know at the time was that a European supplier had come out with a continuous-flow production system that had much lower capital costs.