competition

To hell with your competitors, compete against perfection

  This is a quote from the book Lean Thinking by Jim Womack and Daniel Jones, and I think one of the most useful phrases brought out from this book. What does it mean? So many companies spend considerable amount of time focusing on their competitors: what are they doing?

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Kodak and Fuji: a tale of two companies in the face of the same insurmountable problem

The Economist had an excellent article detailing the difference between Kodak’s historic bankruptcy and Fujifilm’s equally remarkable success, in The last Kodak moment?, and expanded on in Sharper focus. Both companies faced the same problem statement: digital photography would replace film. But Eastman Kodak, founded in 1880, despite it’s major

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