Professor de Bono tells us here that competition has been eclipsed. It is no longer the "be all and end all of capitalism." In fact, as he argues, competition is becoming only the baseline for a business' survival: In the new global economic world order "being competitive" is becoming the minimum needed to stay solvent and just to stay in the ball game.
As technology begins to lose its mystique and aura it is not enough to just be competitive. One needs, in addition to competition, the addition of concepts and a whole range of ancillary accessories, to fill the breach between being able to just survive in business and being successful at it.
These packages: of technologies plus their related concepts and accessories, are referred to by de Bono as "value monopolies." The future of business is about the creation of value monopolies. Value monopolies are based on concepts that allow a business to integrate its values into new sales platforms and strategies that go well beyond competition to surpetition, the third level on the ladder of the evolutionary development of businesses.
In surpetition, it is creativity and creative thought that provides for the formation of value, and thus for value added to business.
The book is divided into three parts. Part one examines the fundamental habits of management thinking: its efficiencies, problem-solving, maintenance, error avoidance, cost cutting, divestment, quality control, customer and service growth - and tells us why all of these habits need rethinking.
Part II introduces the ideas basic to surpetition and tells us how they represents an improvement over competition. Part III discusses "valuefacture," the design of concepts, and the research and development of concepts.
Altogether these are new revolutionary ideas that have immediate practical value to any managers serious about not just staying competitive but also moving well beyond just being competitive. Three stars.