I've talked about Benchmarking as a way of learning from yr competitor. But as mentioned Benchmarking will never make u the market leader as you will always be a follower. To really have a competitive advantage (CA), something that only we have, u need to have a mixture of understanding of the situation. CA includes differentiation and Niche respond.

Makinsey 7S model mentions that to be successful, most company would require the 7S.

Strategy - In terms of Short Term, Mid Term and Long Term. (done)
Skills - Our Core Competency (done)
Staff - The design/Innovation Staff (if One Man Operation, then DIY... done)
Style - Management/working style (done)
System - IT system (75%)
Structure - NA
Shared Value - A common goal with the staff.

But somehow patience is not inside... So does it mean that it does not applied to those with high risk appitite and insitutional investors?

Making decision is also difficult. Should we do nothing, withdrawal, market penetration, or product development? If yr product is a Star (according to BCG matrix) then market pentration would the correct choice to make.

But in life, no matter how good you are, advocacy threat still exist... So u may still end up losing... Withdrawal decision is for the weak. Impossible is only for others who will not succeed....

Don't know what to say also... write too much crap Liao...

Actually wat i really wanna write is that .... (for those who like Korean drama, break the code and claim prize from me). P/m me if u wanna know what it means...


서로를 알게되는 동안, 당신의 성격에 반하게 되었고, 이 짧지만 당신과 함께한 시간들이 추억이됩니다.
당신은 항상 용기를 주고 상냥하네요.
우리가 서로 알게 된지는 얼마 안되었지만, 당신에게 당신을 많이 많이 좋아한다고 말하고 싶습니다.
나 자신도 믿을 수 없을 정도로 당신을 좋아합니다.
기꺼이 기다리겠습니다.