IDEA #100

Competition in the workplace

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A competitive workplace may not necessarily be a better one.

What you need to know

In the early 1970s, in a bid to increase performance, Bruce Henderson, founder of the Boston Consulting Group divided his consultants into three teams: Blue, Red and Green. For a while the competitiveness seemed to spur innovation and business success, but in the end the negative consequences far outweighed the benefits. So competitive was the environment Henderson created that the leader of the Blue team – Bill Bain – quit, taking most of his team with him to start up a completely rival firm, Bain & Company. In pursuit ...

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