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For this group, executive activism is a competitive necessity.
Shared-value pricing could become a competitive necessity.
Being a good employer is a competitive necessity, particularly in new industries.
And protecting customer privacy has come to be seen as a competitive necessity.
In the era of Big Data, analytics are becoming a competitive necessity for many managers.
Analytics are a competitive necessity nowadays, but hiring "quants" who can manipulate big data successfully is not enough.
Similar(32)
Then, as information sharing and cross-selling became competitive necessities, the bank began exploring other ways of organizing.
With appropriate quantitative modeling and technical staff, who can be readily acquired in the labor market, competitors can imitate the firms that are succeeding, and transform the technological advantages of the leaders into market-wide competitive necessities.
"The competitive environment underscores the necessity of US Airways becoming a part of a larger network," its chairman, Stephen M. Wolf, said in a statement.
Competitive branding became a necessity of the machine age - within a context of manufactured sameness, image-based difference had to be manufactured along with the product.
Embracing data as a competitive advantage is a necessity for today's business, so why is it so hard to get access to the data we need?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com