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3 Ways To Harness The Power Of Differences

Lead Change Blog

Until…there’s too much of it, and its dark side surfaces: lack of innovation, narrow-minded thinking, ingrained and unquestioned bias, outdated practices, and failure to grow as a person. Professor Donald Sull calls it active inertia, an organization’s tendency to follow established patterns of behavior. Boredom, too.

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Business Competition Has Not Gotten Fiercer

Harvard Business Review

Barriers to entry are withering, innovations are easily copied, and disruption is everywhere. Puzzling anecdotes abound: Microsoft has missed out on a series of new products in the past decade, yet as Don Sull points out , it continues to be highly profitable. It’s become part of the conventional wisdom.

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What Is Strategy, Again?

Harvard Business Review

And so, he famously argued, in addition to the fierceness of price competition among industry rivals, the degree of competitiveness in an industry (that is, the degree to which players are free to set their own prices) depends on the bargaining power of buyers and of suppliers, as well as how threatening substitute products and new entrants are.