A Quote by John Collison
The values we developed were instrumental in gaining a competitive advantage.
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[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.
Motorsport is all about gaining as much of an advantage as you can and the FIA are there to make sure I don't gain an advantage over my competitors.
People change, mature, and develop their values, attitudes, and preferences as a function of age. It is actually a strategy deployed by many organizations. The idea is that once Millennials grow up -get a mortgage, family- they will start acting like us and sharing our values. Personally, I would not make that bet. Even if it were to happen, Millennials are putting off seven or more years what other generations have done. Waiting for Millennials to "grow up" is risky when it comes to knowledge transfer, talent development, and competitive advantage.
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.
Be swift to take advantage of business opportunities. Bigger companies are too cumbersome to move quickly; this can be a competitive advantage for you.
Wherefrom are human values to be derived and how are they to be developed? Human values are born along with human birth. They exist in union. Unfortunately, man today separates himself from human values and yet wants to live as a human being. To recover human values, man has to take the spiritual path.
I think we should be clear: Companies will still need software that furthers their corporate goals and even gives them competitive advantage. That would be purchased and developed, if necessary, in house, or on a proprietary basis. But it needs to run on the company's computer system eventually, and its perfectly possible that system/network can be "rented out" from a utility.
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.
It is the people who are 'far out' who are gaining advantage in the evolutionary jostling for efficacious strategies.
Creativity is one of the last remaining legal ways of gaining an unfair advantage over the competition.
Prayer is a practical strategy, the gaining of temporal advantage in the capital markets of Sin and Remission.
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.
The suffragettes were quite strategic about documenting their events, and there were some good photos. And we developed a roll of film that had never been developed before!
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.
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 was brought up by a Victorian Grandmother. We were taught to work jolly hard. We were taught to prove yourself; we were taught self reliance; we were taught to live within our income. You were taught that cleanliness is next to Godliness. You were taught self respect. You were taught always to give a hand to your neighbour. You were taught tremendous pride in your country. All of these things are Victorian values. They are also perennial values. You don't hear so much about these things these days, but they were good values and they led to tremendous improvements in the standard of living.
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