Sun Tzu in Business application reminder: Competition exists - TopicsExpress



          

Sun Tzu in Business application reminder: Competition exists everywhere that comparisons among alternative choices take place. In the external competitive environment, this is a choice of responses to external changes. Production exists wherever objects are transformed to create more valuable objects. Competition and production work together to produce value, but they demand very different skill sets and methods. Production requires strategy, but competition requires strategic agility. Production works using a proven set of methods that transform raw materials into products or services, that is, changing objects into more valuable objects. Competitive methods work by winning support, discouraging opposition, and adapting to changes to win a competitive comparison. Production methods work on objects while competitive methods work on people. The more efficiently we produce objects, the more value we can offer in competition with others. The better our competitive skills, the more support our productive skills will gain amid the alternative choices.
Posted on: Thu, 03 Jul 2014 01:32:58 +0000

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