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From Kinship in Business to Healthy Competition

By: Jaime Neely - Published:
The importance of competition in business is the topic of these speeches. Featuring a variety of speakers from various industries, different facets and components of competition are analyzed. Two particular themes emerge through these speeches: competition as a driving force in success and growth and competition as collaboration.

Competition, as viewed by Karthik Kanagasabapathy, is a vital prerequisite for being successful in life. He argues that competition needs to be re-integrated into school and early childhood and youth development because it teaches motivation, determination and focus. Instead of viewing competition as dragging someone else down, he thinks it should be viewed in a more positive light as rising above components -- in sports, business or education.

Rob Schuham and CEO of IMB Ginni Rometty frame competition as an opportunity to collaborate with others to become better. Similarly, Barry Libert argues that businesses in the same field should act as sisters. While competition needs to be acknowledged, serious gains can be made form sharing ideas.

Innovation keynote speaker Jeremy Gutsche creates a competitive edge for his online magazine through experimental failure and intentional destruction.

These speeches on the importance of competition offer insightful interpretations of what it means to stay competitive in business today.