•
•* The following is a class note to describe today's business envirnoment.
Competitive Environment
•
Open : Information, competition and mindset
“
Everyone knows everything about everything.”
•Complex : Increasing influence of all sorts of stakeholders
“
Everything is intertwined with everything else.”
•Dynamic : Things are changing, evolving and emerging.
“
The only constant is change.” (Heraclitus)
Hyper-competitive : Competitors from everywhere and nowhere
"Competing with everyone from everywhere for everything."
(Boston Consulting Group)
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