But, any modern organization needs to have dynamic data-driven strategies both to avoid catastrophe and to develop a market advantage.
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Organizations that develop a competitive advantage in analytics will be able to explore new ways of commercializing the data they hold.
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The maturity of a social businesses hinges on the ability to develop a competitive advantage through better systems that drive the collective, and not just individual, talent and eminence of the organization.
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In Kenya, AMI is helping media houses develop strategies to take advantage of new business opportunities made possible by data-driven journalism.
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So long as there is little geographic mobility, clusters of networked kin and friends develop, putting an advantage on being nice.
It was only when a bidding war began to develop that Slim pressed his advantage.
In April 2010, Shih told Forbes that he wanted to develop mobile computing products that took advantage of cloud computing for a more personalized user experience.
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It's also exciting to imagine just how such a tool might be utilized in a museum-like setting, and hopefully developers will take advantage of that SDK to develop some truly exciting applications for the technology.
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Meanwhile, in terms of inspiring independent publishers to develop more challenging games that take full advantage of PlayStation 3's technological capabilities, only time will tell whether or not Afrika was the game that made the difference.
BMW's customers develop ideas showing how the firm could take advantage of advances in telematics and in-car online services.
But even more important, Hyundai thinks it can gain a strategic advantage by using its own metallurgists to develop exclusive lightweight, high-strength steel alloys it needs to satisfy higher fuel economy standards.
But there's another, even more important reason: The upstart thinks it can gain a strategic advantage by using in-house metallurgists to develop the lightweight, high-strength alloys it needs to satisfy higher fuel economy and safety standards.
Given how easy it is for a customer to walk across the mall to your competitor, or price shop your products online, your competitive advantage is largely derived from how well you develop a relationship based on trust.
Once we turn that corner, the energy-environment trade-off will start to work to our advantage, and possibly to the advantage of the whole world if we can develop low- or no-carbon energy technologies that can compete with cheap fossil fuels.
We're going to also have to develop new sources of energy that allow us to take advantage of sun, wind, our coastlines, and in ways that over time can actually enhance our standards of living, create jobs, and also protect our environment.
While many patients now seek support through online chat rooms, face-to-face groups have the advantage of "the warmth and closeness that can develop when people interact on a personal level, " says Ruth Diab Lederer, a program manager at the American Brain Tumor Association.
Students who can develop the entrepreneurial mindset early on are going to have a distinct advantage, whether economic conditions are weak or strong.
The larger Walgreen could also eventually take advantage of the lower-cost environment to make and develop private-label products in emerging markets for both its pharmacy and its health and beauty businesses .
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What on earth would a Times-branded video game look like, and why would Thompson see the paper as having a competitive advantage in an industry where products are notoriously expensive to develop and market?
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Building a moat around a digital storage business would seem to require some technological advantage, and why would we look to Iron Mountain to develop that?
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Comcast Cable Chief Executive Neil Smit said at a conference last month that his company will work with Verizon Wireless to develop and integrate new products, giving Comcast "a very important strategic competitive advantage, " according to a transcript.
Due to widely varying country conditions, some African economies can take advantage of favorable wages and natural resources and benefit from taking timely measures to develop and export manufacturing goods.
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Marcus Plummer, from Cardiff, was one of the first to take advantage of this expertise back in 2001 when he called on Win to help develop his wooden floor draught excluder system - Stopgap.
But America's fears are economic as well as military: it suspects that the EU might try, for instance, requiring aircraft entering its air space to use Galileo-based navigation systems, to the detriment of American firms with products based on GPS. And European countries, China and the like might develop weapons that are compatible with Galileo rather than GPS, which would mean American defence firms losing a competitive advantage.
But in this digital marketing environment in which listening and reacting to consumer input becomes easier, it's likely that more companies will take advantage of the available technology to ensure they've got a product people have asked for before they develop it.
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