Sunday, July 18, 2010

Competitive or Strategic? Is That the Same?

What if you had an opportunity to call up your top two competitors and ask them to join forces to be the number one company in the world, would you do it? Would that be a strategic move, or one that strictly eliminates the competition in the name of greed and power?

Granted, businesses are controlled by rules that often don't allow that to happen, but Michael Jordan commented on LeBron James joining two other NBA heavyweights to create a potential powerhouse within the league. According to CBSSports.com he said:

"There's no way, with hindsight, I would've ever called up Larry, called up Magic and said, 'Hey, look, let's get together and play on one team,'" Jordan said after finishing tied for 22nd in the American Century Championship golf tournament in Stateline, Nev.   "But that's ... things are different. I can't say that's a bad thing. It's an opportunity these kids have today. In all honesty, I was trying to beat those guys."

Perhaps that strategic move by LeBron will motivate other teams to play harder, fight harder to win. Perhaps Jordan's upset because he owns a competing team in the NBA. But it really had me thinking about competing, complimenting and collaborating all in the name of winning and cashing in.  Would the heads of Burger King, McDonalds and Wendy's ever decide to knock out the fast food industry by creating Wendy's BKMickyDs?  Silly? Yes.

But is it fair to say that if you could combine forces with other known leaders in your industry, then by all means you would jump on board and ride the wave? Is it then joining the best organization already created or combining the best to create an organization?

It just got me thinking. Does it matter? And does it make you competitive or strategic...or both?

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