Example: auto industry and fighting environmental regulations. if one of the US manufacturers supported regulation and lobbyied agressivly for it, they could have crushed competitors both foreign and domestic by being ready with the required capabilities more quickly and at low cost.
Sunday, November 16, 2008
business strategy idea
if ever faced with a situation where industry regulation seems onerous to all companies involved but also seems inevitable in the long run, start ramping up for compliance immediately and switch lobbying dollars from fighting the measure to supporting the measure publically. this will allow you to gain an advantage over your competition.
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1 comment:
Just thinking of "Hot, Flat and Crowded" again, by Thomas Friedman. He'd call this thing "outgreening" the competition.
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