Commodity Traps
Racing to sell more for less leads to commodity traps -- high activity, no free cash. Competitors first eliminate waste from processes; then slash cost outflows. Entire industries can compete themselves to death: airlines for example. Complex services risk disaster stressing quantity over quality.
Immediately related elementsHow this works
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Compression Thinking Â»Compression Thinking
Compression vs. Expansion Thinking Â»Compression vs. Expansion Thinking
Expansion Economics Â»Expansion Economics
Systems Based on Markets Â»Systems Based on Markets
Competitiveness Â»Competitiveness
Commodity Traps
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