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competition – 234Finance


Home - Posts tagged: competition

Pursue Growth over Competition

A lot of companies have found themselves sliding down the growth or success curve as a result of rapid acceleration without stamina. The growth process is a critical part of every company’s success and it is guided by strategies and policies. Companies that overlook this process sometimes bow to the pressures of competition and find…
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How Successful Companies Thrive

For companies to evolve, they must define their industries broadly to take advantage of growth opportunities. In  a landmark paper by Harvard Professor Theodore Levitt, he gave examples of companies that had difficulty adapting due to myopic business definitions. He felt that a company’s inability to adapt to future market fluxes would have adverse effects…
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