Explore the accelerating challenge posed by low-cost rivals in various markets through this Stanford University webinar. Delve into the rapid growth and profitability of low-cost challengers (LCCs) with the right business models. Examine how industry structures have changed over the past two decades, facilitating the emergence of powerful new competitors. Understand the significant threat posed by LCCs from emerging markets like China and India, and how they evolve from local players to global challengers. Learn why many industry leaders are not sufficiently prepared for the LCC threat. Analyze examples from diverse industries, including high-technology B2B sectors, to grasp the challenge and its consequences. Cover topics such as low-cost airlines, local markets, growth rates, case studies of companies like Huawei and General Electric, complacency risks, new business models, and key success factors. Participate in a Q&A session to further discuss the challenges and strategies in dealing with low-cost rivals. Read more