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The competition paradox
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The competition paradox

Richard Merrick's avatar
Richard Merrick
Jan 18, 2019
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The competition paradox
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Competition as a paradigm has become so universal it has become almost become invisible.

It frames just about every transaction and discussion. Whether it's BREXIT (winning the right deal) or market share, or sport. It's vital, to be sure, but it's not everything.

In the end, it carries a high price, whether in isolated factions (Leavers or Remainers - it seems binary) or "left behind" communities, or failed businesses, or crippled sportspeople.

Nature isn't binary. There's a centre ground of healthy organisms tending to one end or the other of a distribution curve - extinction or evolution. There's a healthy middle (with our help, that distribution curve has become skewed, but it seems nowhere as much as in our society and businesses). When we are dominated by a few large entities, and those entities fail, it makes resilience really difficult.

Roger Martin's article on efficiency gave me real food for thought. When competition has led to 1% having 99%, where does the 1% go next?

Winners a…

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