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Bangkok Post, Thailand, Executive Agenda Column.

Bangkok Post (Bangkok, Thailand)

| September 04, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Sep. 4--In the past, companies in Asia that shared and applied operational best practices across their organisations could gain a competitive edge as better quality, greater speed and lower costs helped distance them from the pack.

But today aggressive competitors are catching up -- and fast. Operations best practices are becoming more widespread, and no longer guarantee competitive advantage. Being great at the operational basics is merely the price of admission: Customers demand it and competition forces it.

As competitors continue to improve their operations, leading companies are finding there are risks associated with achieving best-in-class operations and face diminishing returns on their continuous efforts to improve. For ...

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