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Navigating Complexity in Business and Politics
The complexity of business and politics lies in the challenges of articulating and defending strategies, as well as the focus on quickly solving puzzles rather than addressing underlying issues. In business, firms are often incentivized to meet sales targets and cut costs, leading to a lack of innovation and development. The most successful companies over time have been those able to innovate and maintain profitability, while avoiding becoming commoditized in the marketplace, which can lead to a dead end.