Sunday, April 22, 2012

Understanding the Competition Game in the Info Economy


One's Team Crisis is Another Team's Opportunity
Many weeks before the playoffs, injuries began to dismantle the core structure of the Detroit Red Wings team. Nashville immediately capitalized on this opportunity.

At the end, the Red Wings lost to Nashville.  Their management must decide on staying on course with their system or adjust it? ... If you were their general manager, what would you do?

Competing in the Information Economy
In the competitive side of our information economy, the best competitors always know what is the state of their competition. They know their objectives, their approach, their means, etc.

Those who claimed that they are not doing it, are playing the "smiling tiger" game.

Summary
Most organizations usually do not have the contingency plans and the resources to maintain especially when chaos have permeated through their grand setting. Once their strengths have diminished and the weaknesses become pertinent.  The outcome is usually obvious.

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