Kevin

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Positions built on systems of activities are far more sustainable than those built on individual activities. Consider this simple exercise. The probability that competitors can match any activity is often less than one. The probabilities then quickly compound to make matching the entire system highly unlikely (.9 x .9 = .81; .9 x .9 x .9 x .9 = .66, and so on).
HBR's 10 Must Reads on Strategy (including featured article "What Is Strategy?" by Michael E. Porter)
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