“The competitor to be feared is the one who never bothers about you at all, but goes on making his own business better all the time.” Henry Ford
I find it very interesting that about 100 years ago Henry Ford, the inventor of the mass production factory, understood that focusing on your competition added no value to your business. In fact, he knew that focusing on your competition takes your focus off your own business. Focusing on the competition causes you to chase others rather than leading your organization towards achieving your goals, mission and vision.
So if Mr. Ford identified the secret about what to focus on as a business leader 100 years ago, why are so many business leaders today so concerned about what their competition is doing?