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They need to benchmark continually to attain best apply. They need to outsource aggressively to get efficiencies. And they must nurture a handful of Main competencies in race to stay forward of rivals.
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Managers are ever more concentrating on flexibility, benchmarking, outsourcing, and nurturing Main competencies to respond to industry changes. Nevertheless, this shift is bringing about hypercompetition, as providers wrestle to translate operational improvements into sustainable profitability. The failure to tell apart in between operational effectiveness and strategy is resulting in this trend.
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