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The idea was simple. Growth markets are easier to compete in because people throw money at the companies – either via sales or investment.
The proverbial animal caught staring into the headlights of the car speeding directly at it – and sudden death.
The whole process of looking for news, retrieving it, reading it, and going to the next thing is nothing like a newspaper.
The harder and smarter you work, the more you get done and you can make more money. This is pure pay for performance.
The worst thing Target could do is try to be Wal-Mart. Nobody can beat WalMart at being WalMart. And WalMart has its own troubles, including saturation of its stores as well as declining customer interest in its low-cost format.
The tendency to remain focused on Defending & Extending what was always does is so great that market shifts which demand change are overlooked in the urge to improve what was always done – even as results fade.
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