Strategic power fundamentally requires exploiting competitive asymmetries to create leverage
Richard Rumelt · Good Strategy, Bad Strategy | Richard Rumelt · Jan 21, 2024 · at 29:16
Business strategist and author Richard Rumelt explains how competitive advantage and power operate within corporate strategy.
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“For a strategy, you need to exploit an asymmetry of some kind. You're a little faster. Oh, they're alone. Something has to be different between the sort of things. So that's the beginning of power is a symmetry. We can think of it as leverage.”
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