Speed is arguably the ultimate competitive advantage in business.
Take a look at Chinese companies.
China’s trade surplus officially has surpassed $1 trillion, a level no country has ever reached.
The reality is it’s not just manufacturing, but Chinese brands that are winning now. Think BYD, Popmart, Midea, Shein and so-on.
And the most important thing Chinese companies do: speed.
Take Xiaomi, they literally launched their first car 1.5 years ago. Now they sell them in the hundreds of thousands.
In this era of business, the most successful companies at scale will move faster than their peers.
They'll ideate faster, design faster, engineer faster, manufacture faster and go to market faster.
What are you doing to enable speed?