A Quote by Julie Sweet
Innovation is the new competitive advantage.
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Getting global innovation projects right is really important as they create competitive advantage two ways. When the knowledge for an innovation is from different sites around the world, it's very much more difficult for competitors to copy these innovation - they'd have to access the same knowledge from the same places. Secondly, costs and time to market can be significantly reduced leading to first mover advantage through parallel development in global projects.
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.
The real competitive advantage will come to countries and companies who differentiate their offerings through education, innovation, and productivity.
Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.
When money, rather than innovation or value, is your competitive advantage, that's when things get boring and stagnant, and monopolies take root.
We are convinced, as some of you may be convinced, that changing the way we produce and use energy is essential to America's economic future, that it will create millions of new jobs, power new industries, keep us competitive, and spark new innovation.
Simplicity: The New Competitive Advantage in a World of More, Better, Faster.
I think that size is not the key to innovation. Scale doesn't confirm an innovation advantage.
An enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent.
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.
The government also has to get the public rules right. That means putting a price on carbon, so the cleaner forms of energy become more competitive. As soon as that happens, a tidal wave of new capital, innovation and entrepreneurship will flood into the clean energy space - creating new jobs and opportunities for Americans of all walks of life. We did that for the internet, with public investments in the basic system through the Pentagon, followed by rules that encouraged innovation and competition. And that is why the internet took off in the United States first.
Be swift to take advantage of business opportunities. Bigger companies are too cumbersome to move quickly; this can be a competitive advantage for you.
When thinking about how to deploy kind of professional and social networking into your business, it's really not a question of if, it's a question of when. And the reason is, just think about the fact that those businesses that adopt new technologies to operate efficiently and use them to get a competitive edge are the businesses that in fact, you know, it becomes one more competitive advantage. Whether it's a fax machine or a mobile phone or a new way of doing financing or any of these things, you know, these are key things to do.
I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts. They take big risks and are pioneering new markets with the promise of big rewards. It's why Amazon is kind of reliably starting new businesses and opening kind of new frontiers.
We think Medicare Advantage is a key part of healthcare and is bringing some of the innovation - I think a lot of the innovation - back to that marketplace for seniors.
[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.
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