Best in brief: Extreme competition

Patrick Viguerie and William Huyett

New technology is making both labour and capital increasingly mobile across the world, which is changing the structure of markets and competition.

Best In Brief

Extreme Competition

William Huyett and Patrick Viguerie

The forces of globalisation, technology and economic liberalisation are combining to make life harder than ever for established companies. Jack Welch said the 1980s would be a 'white knuckle ride' and the 1990s would be tougher still. The topple rate at which leadership corporations lost their positions doubled in the 20 years to the mid-1990s. This is the world where intense competition meets declining industry performance.

Over a third of the world's six billion population lives in India or China,...

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