Prajna Capital - An Investment Guide

In spite of their size, small and medium companies can beat the biggies. The need is to implement certain unconventional ‘opening’ strategies CHESS is composed of three distinct phases: an ‘ opening’ , a ‘ middle game’ , and an ‘ end game ’. Successful players learn early that while logical methods help them win ‘end games’, these are entirely inappropriate during earlier stages of the game. Across every field studied – from chess to sport to music – scientists have confirmed again and again this fundamental dilemma: ‘What helps you win in the end is not what helps you start winning at the beginning’. Yet in the field of business we seem to have missed this lesson. Like novice chess players, we tend to cling to logical methods. The business best seller list is stocked with books that deal only with ‘end games’. They show big companies how to play in mature industries with established players following accepted rules. You can summaries the lessons to the three-move playbook. To sustain...