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The new issue of Remodeling Magazine has an article by Stoeppelwerth. It’s his monthly column (page). Here’s an excerpt:
“Gallup recently asked 500 CEOs which type of operation took best advantage of changes in their industries over the course of the past ten years: newcomers, traditional competitors, or their own companies. The answer? Newcomers. The pollster also asked whether those newcomers accomplished that by executing better or by changing the rules of the game. Over 60 percent respondents said they did it by changing the rules.
Hammel (author of Leading The Revolution) believes that radical, non-linear innovation is the only way to escape the ruthless hyper-competition which is driving down margins in industry after industry. Competition is no longer between various products and services, it’s between competing business concepts.”
Let me repeat those last few words: “………. it’s between competing business concepts.”
Changing the rules of the game. Comments?
Replies
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The new issue of Remodeling Magazine has an article by Stoeppelwerth. It's his monthly column (page). Here's an excerpt:
"Gallup recently asked 500 CEOs which type of operation took best advantage of changes in their industries over the course of the past ten years: newcomers, traditional competitors, or their own companies. The answer? Newcomers. The pollster also asked whether those newcomers accomplished that by executing better or by changing the rules of the game. Over 60 percent respondents said they did it by changing the rules.
Hammel (author of Leading The Revolution) believes that radical, non-linear innovation is the only way to escape the ruthless hyper-competition which is driving down margins in industry after industry. Competition is no longer between various products and services, it's between competing business concepts."
Let me repeat those last few words: ".......... it's between competing business concepts."
Changing the rules of the game. Comments?