How effective are you at working with other businesses? Should you be learning to collaborate as well as compete? Early industrial tycoons used to grow their firms by ‘integrating along the supply chain' or grabbing more of what other companies did. Some verged on megalomania and aspired to take over just about anything that moved.
Today's commercial world is very different. Customers and investors look for ‘focus'. They expect businesses to concentrate upon what they do best. Non-core activities are outsourced. Firms that spread themselves too thinly risk becoming ‘Jack of all trades and master of none'.
Read Full Article:
Managing Supply Chain Relationships
Regards,
Simon
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