The basis can come from being the true cost leader, value leader, response time leader, performance leader or combinations. Capitalism deals harsh penalties to executives and firms who fail to harvest the maximum from their valuable corporate assets. Employees, stockholders and stakeholders all lose when the company fails to deliver its marketplace promise. Carefully consider this survey - 'click' It is a managing essential to know where the entity stands at all times on the scale of genuine performance. It's About Competition.
Clarity often happens by simply starting at the essence.
Consider the core basis of competition. Who exactly, what team, what company, what product, and what technology will be the winner is uncertain. This identical situation happens in all sporting events, games of risk, horseshoes, hand grenades, politics, religion and business. It is proven to be unavoidable and so IT is most prudent to understand. Unfounded business theories exhibit similar behavior.