new metaphors for competition
Post on 13-Sep-2014
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Competition in plants serves as a great metaphor for handling business competition Hedging Strategy, Eclipsing Strategy, Mutualism Strategy, Cutting-off Supplies Strategy Are examples of possibilitiesTRANSCRIPT
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New Metaphors for CompetitionAli Anani, PhD
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I dedicate this presentation toAbdi Osman Jama
Abdi has inspired and triggered many ideas withhis concise commentsand solid feedback.
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Plants compete forObscuring resources
Water
LightNutrients
Air
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Businesses Compete for
Customers
Talents
Raw Materials
New Markets
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Competition is a commonthread
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Avoidance Strategy
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Herbivores specializeby eating different plants or different parts of the same plants.
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So, businessesmay target different customers
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A pack of hyenas can attack and kill a large herbivore. A single hyena could not engage in with a large prey individually
Or, Adopt Grouping Strategy
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A pack of small businesses may group to attack and kill a large “businvore”. A single business could not do it on its own.
Or, Adopt Grouping Strategy
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To avoid competition with their offspring, plants use animals, wind and other mechanisms to disperse their seeds or spores away from the parent plants
Spread Out Strategy
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Businesses spread out in other countries and within the same country (such as increasing bank branching)
Spread Out Strategy
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Eclipsing Strategy
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Universal adaptive strategy theory (UAST)
Regeneration
MaintenanceGrowth
Universal adaptive strategy theory (UAST)is an evolutionary theory is based on the trade-off that organisms face when the resources they gain from the environment are allocated between.
Resource Bifurcation
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Universal Business adaptive strategy theory (UBAST)
Regeneration
MaintenanceGrowth
Universal adaptive strategy theory (UAST)is an evolutionary theory is based on the trade-off that business face when the resources they haveare allocated between.
Resource Bifurcation
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Universal Business adaptive strategy theory (UBAST)
Increasebusinessgrowth
Inhibit Growthof others
Grow Independently
MutualismGrowth
Resource Bifurcation
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MutualismGrowth
Mutualism is defined as an interaction "between two species or individuals that is beneficial to both". Mutual beneficial relationship between plants and fungi, known as mycorrhizae serves as a great example. The plant is assisted with nutrient uptake, while the fungus receives carbohydrates.
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MutualismGrowth
Mutualism in business is profitable. One example is developing software for windows and developing windows to host more-demanding software
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When a plant detects competition from neighboring plants, it initiates a set of responses
InhibitGrowthof others
Growth
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Some plants elongate and grow toward the sun to obscure neighboring plants from sunlight.
InhibitGrowthof others
Growth
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Denying resources of survival have been used by businesses
InhibitGrowthof others
Growth
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Minnetonka liquid-soap-in-a-pump idea was protected by denying competitors supplies of pumps
InhibitGrowthof others
Growth
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The company signed a one-year contract to buy all the production capacity of the two main producers of pumps
InhibitGrowthof others
Growth
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Chemical warfare among neighboring plants
Some plants release toxins into soil to reduce growth or kill adjacent plants
InhibitGrowthof others
Growth
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Chemical warfare among businessesSome businesses spread toxic rumors that their competitors’ products have serious side effects as men losing their fertility should they use a certain product.
InhibitGrowthof others
Growth
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Mature “nurse” plant may facilitate germination, establishment, growth of juvenile plant of a different growth form
Increasebusinessgrowth
Growth
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Business may find creative ideas to promote other businesses so that may feedback on the growth of their own business.
Increasebusinessgrowth
Growth
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Example, selling raw material to a chocolate factory. Improve the package, sales of chocolate go up and so selling of raw materials increase.
Increasebusinessgrowth
Growth
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Some plants, like cactus, where water is scarce do not grow very close together
Increasebusinessgrowth
Growth
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Businesses tend sometimes to crowd in each other in areas with limited income. Better if they relocate.
Increasebusinessgrowth
Growth
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Competition in plants serves as a greatmetaphor for handlingbusiness competitionHedging Strategy Eclipsing Strategy Mutualism Strategy Cutting-off Supplies Strategy
Are examples of possibilities.