A Quote by Walter Wriston
The guy with the competitive advantage is the one with the best technology.
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Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare.
Wrestling fans are the best, because they are so loyal. You can play on emotion. The good guy gets knocked down, and the bad guy takes advantage. And the good guy comes back from the very bottom to make that explosive comeback and overcome.
Technology isn't a villain. Technology should help, but if you just use the technology for the sake of technology, then you're cheating your audience. You're not giving them the best story and the best direction and so forth.
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.
If you want to have the best employees, there really needs to be a vision and a mission. Talent looks for a mission. And if you have the best talent, that's the single biggest competitive advantage any company can have.
Be swift to take advantage of business opportunities. Bigger companies are too cumbersome to move quickly; this can be a competitive advantage for you.
There's no question in my mind of the value in technology in fueling young minds. Like any other tool, if you simply throw it in the classroom and don't consider how best to take advantage of that tool, and you try the old ways with a new piece of technology on the desk, it's no panacea.
In Germany, college tuition is free. In America, college tuition is increasingly unaffordable. In a highly competitive global economy, which country do you think will have the best educated work force and a competitive advantage? We must make tuition free in public colleges and universities and substantially reduce interest rates on student loans.
[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.
I think the rise of China is inevitable, because China has moved from a low-cost producer, at low levels of technology, to higher levels of technology, and because it's very competitive, even in some high-tech products they offer at very competitive rates - much lower than their competitors.
The advantage doesn't come because you can run more than someone over 90 minutes. The advantage comes when, in the tenth minute, I'm sprinting back and making another guy chase me. By the end of the game, that guy's worn down, but I can still keep going at the same pace.
I'm a competitive guy, and I love the competitive nature of video games.
Tampa Electric has used apprenticeships since 1978 to make sure its workforce is the best in the business - trained, prepared, and productive. Apprenticeships improve its bottom line and give the company a competitive advantage.
Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.
Times of economic crises can change what the competitive landscape looks like, because when, for example, you have boom times, capital is easy to come by, growth is easy, sometimes what you focus on is, you know, how to accelerate in the boom. During economic crises, the question is, the companies that come out of, you know, that are sailing through that with the best liquidity, both assets on the balance sheet, making money, ability to grow their businesses, get a disproportionate competitive advantage.
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.
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