Recently, Warren Buffet, often referred to as the “Oracle of Omaha” for his legendary investment strategies, offered a recipe for success in an annual report published by Buffet’s Berkshire Hathaway Inc. Buffet named three “key ingredients” for companies to remain profitable and competitive in the 21st century: invest in “people, communities and the environment,” advising that “taking shortcuts is not the pathway to achieving sustainable competitive advantage, nor is it an avenue toward satisfying customers.”  Read more