Posted by Dave Lorenzo - Business Coach

Earlier in the week, we talked about the demise of video giant Blockbuster. The Economist this month points out another towering superpower’s weak spots:

“The threat to Microsoft comes from online applications, which are changing how people use computers. Rather than relying on an operating system and its associated application software—bought in a box from Microsoft, and then loaded onto a PC—computer users are increasingly able to call up the software they need over the internet. Just as Amazon, Google, eBay and other firms provide services via the web, software companies are now selling software as a subscription service that can be accessed via a web-browser.”

This is just another example of why you shouldn’t fear competition of any size or at any scale. Opportunity for improvement and new ideas is ever present. Don’t fear anyone else’s strengths—exercise your own.

Filed under: First, Best or Different
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