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As I Was Thinking.... by Michael R. Czinkota

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How Should We Measure the Winners?

Originally Published by Ovi Magazine—August 8, 2012

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The recent Olympics presented some interesting perspectives on competition: How do we find out who is actually winning? Is performance to be measured by wealth (medals), by leadership (Gold only) or by industry competitiveness (e.g. gymnastics)? Should the progress over time play a major role, or the number of winners as a proportion of population?

In business terms, the expression ‘competitiveness’ is viewed differently by different parties. For example, for a firm, competitiveness means expansion, growth and profits. Whether any of these originate in or outside ...

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