Investopedia shares, Competitive advantages are conditions that allow a company or country to produce a good or service of equal value at a lower price or in a more desirable fashion. These conditions allow the productive entity to generate more sales or superior margins compared to its market rivals. Competitive advantages are attributed to a variety of factors including cost structure, branding, the quality of product offerings, the distribution network, intellectual property and customer service.
They say it’s never too late. Never too late to go back to school, learn ice-skating, undo a mistake or make a childhood dream come true. Wish the same could be said for project failures, unmet deadlines, and lost clients.
As project managers, we’ve all had a taste of at least one project gone awry. Where the damage was unfixable and repair out of question. The failure of which still haunts us, makes us wonder what we could have done to prevent it?
I was a pretty decent baseball player back in the day. Lots of Business Lessons were learned between the lines; Leadership, Trust, Teamwork to name a few. Another lesson was the use of a Playbook. My freshman year of High School I was called up to the Varsity team and the coach gave me the team Playbook. I had never used a Playbook in baseball. Hit the ball, throw the ball, run. What was the need?