Middle-of-the-Road is Best for Business and Stocks – Mid-Week Management Mantra
Business Management guru, Professor Michael Porter from the Harvard Business School, has postulated two types of approaches to competition: differentiation and cost leadership. Most corporations follow one of these two alternatives. The thinking has also permeated the world of stock investors. Niche players in luxury segments and generic market leaders are behind some top stocks. Such a black-and-white approach to business management and stock investing may be outmoded now. Segments have begun to overlap. The most demanding customers demand both the prestige of sporting brands, and the economies of plain-Jane generics. Circumstances also force customers to move vertically: the wealthy…