Business Competition Has Not Gotten Fiercer
It’s become part of the conventional wisdom: The internet and globalization have combined to render almost every company vulnerable to greater competition than ever.
Barriers to entry are withering, innovations are easily copied, and disruption is everywhere. But is business really so competitive - not in a few prominent industries, but in the economy as a whole? According to John T. Landry, a Winthrop senior consultant and Harvard Business Review contributing editor, the macro numbers tell a different story.