Babes On Bay Street

Comparative Advantage

In the course of my summer reading, I was reminded of Adam’s Smith concept of Comparative Advantage, “Focus on those things you do better than others.”

I like it because it is a straightforward strategy which can be applied in the corporate world and to one’s personal life eg in the course of setting one’s career or life goals and I believe it is one which can be easily overlooked or ignored.

Just thought I would share it, in case it provokes some thinking on your part, as it has on mine.

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