Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.

The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.

The essence of strategy is choosing what not to do.

Innovation is the central issue in economic prosperity.

Change brings opportunities. On the other hand, change can be confusing.

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

The chief strategist of an organization has to be the leader - the CEO.