Eclectic Curiosity

Competitive Advantage Is Fleeting

Posted on June 19th, 2009, by Steve Hardy in Archives, Miscellany. No Comments

Competitive Advantage Is Fleeting (And It’s Okay to Admit It). An interesting HBS article by Rita McGrath.

One implication of hypercompetition that has not yet gotten the attention it deserves is that the skill of getting out of things and re-focusing your organization is likely to be just as important as spotting opportunities and moving to capture them. I suggest that the vast majority of companies struggle with letting go, while the more adroit strategists make the necessary judgment calls and move on.

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