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Sunday, August 21, 2005
Strategic advantage should be viewed in dynamic terms as opposed to static terms wrote,M/sJohn Hagel & John Seely Brown. They argued that while traditionally strategic advantage was based on geographic distance or core competencies(typically static),increasingly the only sustainable edge has to do with the capacity to accelerate capability building.We recently covered Bweek's Chindia perspective. John Hagel adds his perspective on this issue - as a regular following the developments in this region - his views carry a special value - Here he rightly points out that three powerful forms of business innovation - open distribution, lean manufacturing & open production are propelling the economic growth of India and China. Lean process management – is heavily inspired by Toyota’s management innovations - Indian companies are applying these management techniques to rapidly improve the performance of a broad range of administrative business processes. He recommends that the western companies learn these techniques in their administrative business processes, or outsource and offshore these business processes to Indian companies who are mastering these techniques.
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