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Without competition, quality suffers

Last night I was watching the men’s 1000 meter Olympic speed skating event at the Winter Games. The defending Olympic champion, Shani Davis, dominated the field of skaters, winning the gold medal. What was interesting to me was a remark by one of the television commentators. He said that Davis,

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February 18, 2010

When companies compete, products get better.

There’s a bagel restaurant in my neighborhood that posts a sign on its front door that reads, “No outside food or drink!” Apparently, the owner feels threatened by the Starbucks kiosk located inside the Albertsons supermarket next door. The owner must think that by posting this sign he will deter

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May 15, 2008
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