However, the company's business units and personnel are measured and rewarded on the basis of how well they reduced fixed costs and improved uptime in comparison to best-in-class industry benchmarks.
In fact, the new underwriting model offers a 54 percent lower default rate than the best-in-class industry score.
FTT's team will recruit best-in-class industry veterans who can maximize market penetration and foster growth, either organically or through licensees and acquisitions.
Microsoft, for instance, says it will have "best-in-class industry cryptography" in place for services including Outlook.com, Office 365 and SkyDrive by the end of the year, while Yahoo has announced plans to encrypt all of its customers' data, including emails, by the end of the first quarter of 2014.
COLOPL seeks to invigorate developers already involved in VR with a best-in-its-class industry-focused fund.
Instead, it now refers to its process as "sustainable investing," under the theory that companies that are best in class in their industry on all sorts of social criteria are likely to outperform.
"Now we're curating those from people who use ShopLocket, from across the PCH network and even from people who aren't connected to the PCH network, using our bird's-eye view to pick the best in class from the industry".
Bradford advised students in the audience considering startup work in the future to surround themselves with the best-in-class people in the industry and get experience doing the unglamorous tasks that drive the company forward.
But, perhaps its pursuit of that goal will help it become best-in-class in the moving industry, rising above the competition in a very crowded market.
Also, it is a best-in-class competitor with significant industry superiority in most key fundamental categories (e.g., returns on capital, margin, financial strength).
