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About this quote

What does it mean?
Real competition comes from organizations focused on their own excellence rather than reacting to others.
In plain terms
The biggest threat is someone improving their own work without worrying about you.
What can you take from it?
Focus on self-improvement rather than watching rivals.

Where it applies

  • market dynamics
  • career growth
  • project management

Putting it to work

  • prioritize internal quality
  • avoid distraction by competitors

Questions to consider

  • Are you focusing enough on your own work?
  • What makes your product uniquely better?

Another view

Monitoring competitors can sometimes provide valuable market intelligence.

More from Henry Ford

  1. Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.

    Permalink to quote #48
  2. The international financiers are behind all war. They are what is called the International Jew -- German Jews, French Jews, English Jews, American Jews. I beli…

    Permalink to quote #50
  3. Quality means doing it right when no one is looking.

    Permalink to quote #47

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