Thursday, March 25, 2010

Steiner's Law of Competitive Survival

Steiner's Law of Competitive Survival: "The more information there will be out there, the more you will have to differentiate yourself to be able to compete effectively." (C)(big time...)

Google is now listing hotel prices on Google Maps...

Can you begin to fathom what this means for the hotel industry???

Let's get analytic...the competitive effort required to maintain the same position increases with the reach and scope of the network. That means that the effort required to continue to grow increases logarithmically??

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