Phrase by 'Bruce Henderson'
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The essential element of successful strategy is that it derives its success from the differences between competitors with a consequent difference in their behavior.
Author: Bruce Henderson - American BusinessmanBehavior , Success , Differences , Strategy
The objective is to enlarge the scope of your advantage which can only happen at someone else's expense.
Author: Bruce Henderson - American BusinessmanYour , Only , Someone , Happen
Any corporate policy and plan which is typical of the industry is doomed to mediocrity. Where this is not so, it should be possible to demonstrate that all other competitors are at a distinct disadvantage.
Author: Bruce Henderson - American BusinessmanPossible , Plan , Policy , Mediocrity
Your most dangerous competitors are those that are most like you.
Author: Bruce Henderson - American BusinessmanYou , Your , Like , Dangerous