There’s a Difference Between Winning and Beating Your Rivals

The basic purpose for developing and implementing a competitive strategy is to achieve superior economic performance in creating and delivering value to your selected customers. The most common way to monitor financial performance is by means of the return on invested capital but, in saying that, other non-financial outcomes are important as well.

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Why technology is not necessarily the answer

I had a conversation with a leader in the media recently during which he mentioned that a software vendor had told him his company’s product could help accountants perform in 15 minutes a task that typically would take 3 hours when done in a traditional manner. Continue reading “Why technology is not necessarily the answer”