This is a must-read for managers looking to improve their strategic thinking and maintaining a competitive advantage.
And a need for continuing to improve on the uniqueness, so the competition does not catch up, means a balance of innovation and growth is an equally necessary part of the strategy.
Any act that obtains you, your objective
What happens when that service becomes obsolete and the company still relies on it?
Check out our video on Michael Porter's Competitive Advantage theory: The video runs through what the strategies are: Cost Leadership; Differentiation; Focus. Ideal for business owners!
getsummari summarize
Strategy is a mathematically statistical calculated integration of a complex formula, in four quadrants there is always a match and why the complex, LOVE essence as to joshing, any calendar especially to exception Navy_JAG. genome_gov ABAesq APA usairforce IGAF⚕️
People tend to put far too little emphasis on the uniqueness part of strategy, and often postpone execution to make things worse.
The key point. A vision rooted in reality.
I know that planning is not one.
Strategy and planning is important but often overlooked as not 'real' work, but it could help prevent delays and other problems down the road.
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