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The Competitive Advantage of Nations (1990) (hbr.org)
4 points by tithe on Aug 8, 2024 | hide | past | favorite | 1 comment


Some interesting prescriptions for businesses:

- Sell to the most sophisticated and demanding buyers and channels

- Establish norms that exceed the toughest regulatory hurdles or product standards

- Source from the most advanced suppliers

- Seek out the most capable competitors as motivators

- Make meeting challenge a part of the organization’s norms

- Investigate all emerging new buyers or channels

- Find places whose regulations foreshadow emerging regulations elsewhere

- Welcome domestic rivalry (to compete globally)

- Identifying sophisticated buyers in other countries helps companies understand different needs




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