No Merit

No merit. Vast emptiness; nothing holy. I don't know.

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Following a given formula can’t ensure high performance, and for a simple reason: in a competitive market economy, performance is fundamentally relative, not absolute. Success and failure depend not only on a company’s actions but also on those of its rivals.

The halo effect, and other managerial delusions – The McKinsey Quarterly If you don’t have time to read the book, here’s an article-length summary of The Halo Effect by Phil Rosenzweig, which I highly recommend.
January 9, 2008

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