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How to sustain your competitive advantage

 In Entrepreneur, Environment, Featured Media, Learning from Luminaries, Mindset, News, Philosopher, Q&A, The Winning Voice

Consider this . . .

“The ability to learn faster than your competitors may be the only sustainable competitive advantage.”

This quote (that some of you may know) is by legendary business executive and theorist Arie de Geus

I heard the quote mentioned at a great conference I attended –  CIO Edge organised by a client of mine Jim Berry and his team. Jim is a top performer and is the director of Adapt.

Own the Conversation

Implementation idea:

Over the next seven days

1. Pose the following question and discuss it with your colleagues, suppliers and associates.

How might we learn faster that our competitors?

2. Log the key take-away points of the discussions.

3. Choose the best idea to act on in the next 30 days.

p.s. I am considering becoming a member of AICD (Australian Institute of Company Directors). If you are a member and would be open to brief chat about the worth you’ve derived from membership, or know of a member who might be open to a brief chat about value of membership, please contact me. Thanks.

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Comments
  • Jim Berry
    Reply

    Thanks Michael – your training certainly improved my team and my presentations at the event.

    Your words above also remind me of one of my favourite (of many) Bezos-isms: “Agility is the only sustainable advantage because everything else people can copy; they can replicate it. Nothing else is sustainable.”

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