In the article, The Strategy Accelerator, Alfred Griffioen shares some specific examples of how today’s landscape changes the competitive arena:
- Online auctions replace relationship-based purchasing processes.
- Small, innovative companies can offer their services and compete with larger players.
- Faster product rationalization — fast distribution technologieis increase the competition among products, while prices decline.
- Transparency has increased, moving investment decisions from a company level to an activity level.
- Knowledge can be obtained more easily, relevant components and partners can be found all over the world, and financial. resources can be obtained more easily for a good idea.
- Small, specialized organizations with high added value activities can lead the new economy.
I’ve seen this in action, and I like how Alfred called these out. It helps us not just see the landscape, but start to form new rules for the road.
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