A Quote by Jack Welch
If you don't have a competitive advantage, don't compete.
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There is an adage in business that says that you should only compete when you have a competitive advantage. When it comes to cybersecurity, Maryland has a whole host of competitive advantages.
Firms gain comparative advantage from how good their people are. Retaining and attracting talent is a key point of competitive advantage in the global economy. We are seeing that play out, and there are implications for Australia, too. The idea that companies now compete on who can pay their workers the lowest - that's all changing.
I'm a competitive person by nature, and I have been in competitive companies, and I love to compete - joining a company where, certainly, there is a real fire in the belly to compete and bring that energy is something I look forward to.
The competitive landscape for us is very broad. We see ourselves in the entertainment space. We compete with listening to the radio. We compete with watching TV. We compete with social networks.
Face reality as it is, not as it was, or as you wish it were. Be candid with everyone. Don't manage, lead. Change before you have to. If you don't have a competitive advantage, don't compete. Control your own destiny, or someone else will.
Everybody doesn't get to do each and every film. I don't compete with others; I compete with myself. I have been an athlete, a sportsperson; so I know how to be competitive in a healthy way.
Be swift to take advantage of business opportunities. Bigger companies are too cumbersome to move quickly; this can be a competitive advantage for you.
I'm not a competitive player at all, but I don't want competitive games to go away, because for some people that's why they play games, to compete.
[In picking stocks] You really have to know a lot about business. You have to know a lot about competitive advantage. You have to know a lot about the maintainability of competitive advantage. You have to have a mind that quantifies things in terms of value. And you have to be able to compare those values with other values available in the stock market.
Women are very good at judging the risk and don't want to waste time with losing. So not that they're not as competitive, and certainly once they're in the race they're every bit as competitive, but they make that choice to compete in a more calculated way sensitive to the odds.
Good competitive skills means not just to compete hard, but to selectively compete, to harness your energy for the things that matter and, in some cases, to just realize it doesn't matter whether I win or lose here at all.
Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.
If we get a tax system that is competitive, we will hire people. When you hire people, you have to compete for labor. When you compete for labor, you drive wages.
If you need a tax credit to compete, you are probably not that competitive.
The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.
People still cling to this belief that innovation is just random and unpredictable. But if you look closely, there are some real patterns. The companies that recognize and take advantage of those patterns have the real opportunity to create competitive advantage.
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