Hustle as Strategy

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Hustle as Strategy

Publication Date: September 01, 1986

The age of competitive strategy may be past. Sophisticated managers are learning that handsome returns come directly from superior strategic execution–not strategic planning. Their method: hustle and get it right. A look at the financial services industry provides valuable lessons. Few of the bases of competitive advantage exist–no economies of scale, few obstacles to product imitation, minimal costs and time required to bring out a new product. The organization’s people and their executional skills–not the company’s fixed assets–determine the bottom line.

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