Is strategy all about winning? Are rivals and competition necessary to inspire great strategy? Could strategy serve a higher purpose than “total market dominance?” One of the legendary “Lords of Strategy“, Michael Porter, claims in his 2001 paper “Strategy and… Read More ›
Preparing to take the game winning shot – the player repeatedly looks at the scoreboard – only seconds remain. “I have to make these points,” he thinks. He looks at the coach who has anxiety written all over him. “This… Read More ›
Yesterday’s post introduced the biological concept of “interference competition,” and compared big antlers with big bonuses. Today, I want to describe another form of competition recognized by biology. Exploitation Competition: A form of competition wherein organisms indirectly compete with other… Read More ›
What role does scarcity and competition play in the development and survival of a species. Many assume that the competition for scarce resources always makes a species more fit. According to Darwin’s theory, natural selection does favor the traits and… Read More ›
