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Be Careful Who You Listen To

REWORK

NOTE

The Halo Effect: Measuring Success and Trade-offs in Companies

A company's success does not imply excellence in all areas, as different companies may excel in different aspects./nSuccessful companies like Apple and Tesla can have contrasting cultures and approaches to innovation./nBeing successful in one area does not guarantee excellence in other areas./nNot many entities are consistently excellent in all aspects./nCompanies and individuals often excel in certain areas by making trade-offs in other areas./nThe Blue Ocean Strategy advocates for focusing on specific areas of excellence rather than trying to be excellent in everything./nTo create innovative products, it is necessary to prioritize certain aspects and accept shortcomings in others.

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