/explore
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blog.dshr.org | ||
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ritholtz.com
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| | | | | Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media | |
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www.valueinvestingworld.com
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| | | | | Mentioned by Peter Bevelin in my 2009 interview with him (and it reminds me of THIS Warren Buffett quote from this year's Berkshire Meetin... | |
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hbr.org
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| | | | | Today's dynamic markets and technologies have called into question the sustainability of competitive advantage. Under pressure to improve productivity, quality, and speed, managers have embraced tools such as TQM, benchmarking, and re-engineering. Dramatic operational improvements have resulted, but rarely have these gains translated into sustainable profitability. And gradually, the tools have taken the place of strategy. In his five-part article, Michael Porter explores how that shift has led to the rise of mutually destructive competitive battles that damage the profitability of many companies. As managers push to improve on all fronts, they move further away from viable competitive positions. Porter argues that operational effectiveness, although necessa... | |
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abnormalreturns.com
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