Core competencies allow small businesses to deliver value to their customers, but what are core competencies? The litmus test is that it is hard for competitors to copy or develop. For example, the ...
If you have competitors in your marketplace, you'll have to develop advantages that make customers want to buy from you instead of others who sell similar products or offer similar services. This is ...
Opinions expressed by Entrepreneur contributors are their own. In their book Guerrilla Marketing Field Guide, the founder of guerrilla marketing, Jay Conrad Levinson, and his wife and business partner ...
Contrary to popular opinion, a company’s profits are not the result of the products and services it sells. And when evaluating whether to invest, successful investors don’t only focus on a company’s ...
Digging into what Warren Buffett means when he talks about "durable competitive advantage." Motley Fool podcast hosts John Maxfield and Gaby Lapera discuss competitive advantage in this week's episode ...
It may sound counterintuitive, but one of the most useful things many executives can learn about their company’s competitive advantage is that they don’t have one — and there’s nothing wrong with ...
In benchmarking the Supply Chain Management (SCM) practices of hundreds of companies, we have learned that many companies actually achieve competitive advantage by leveraging the management of their ...
Serge Vasin is Partner at Flintera, a startup studio with a private equity arm that's focused on SaaS, blockchain, AI and EdTech. Artificial intelligence (AI) has become one of the hottest buzzwords ...
The race for competitive advantage for pharma today is about far more than just innovative new molecules. Patients are increasingly active participants in their own care. They are becoming intolerant ...
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Until recently, when Amazon customers typed “melatonin” into ...
It might be time to re-write the textbook–competitive advantage is on the way out. One of the biggest flaws in the traditional definition of competitive advantage is that it had to be compared to a ...