Strategy and execution are the 2 critical elements that drive a business. However, leaders often struggle even with defining—let alone devising and executing—an effective strategy. Many of those who are responsible to deal with it fall short of describing how they typically employ it. This failure takes its roots from the fact that there is no […]
Tag Archives | competitive strategy
How to Differentiate Between General, Corporate, and Competitive Strategy?
COVID-19 Strategy: How Do We Emerge a Winner?
The world has changed. Forced isolation and social distancing restrictions have been put into place with the advent of the COVID-19 health crisis. This is not expected to end soon, but is expected to have a lasting effect on the world. In fact, a new generation of consumer behaviors is already being shaped. The Low […]
3 Powerful Frameworks for Analyzing the Competitive Landscape
It goes without saying that understanding the competitive landscape is crucial to identifying competitors and succeeding in the market. Consulting firms, such as Corporate Business Solutions Reviews, and academic strategists over the years have studied countless organizations and derived several competitive analysis frameworks. A few examples include: Porter’s Five Forces Industry Lifecycle Analysis Strategic Groups […]
Let’s Fix It: Transient Competitive Advantage
In a rapidly morphing world, what was once celebrated as sustained competitive advantage for a company has already become almost an illusion at best. Some companies may have sustained their strong market position and have defended it for a long time–firms such as IKEA, GE, and Unilever. But nowadays, rarely can a company keep up […]