in Strategy
I’m a sucker for strategy books. So as I’ve been reading Good Strategy Bad Strategy, I’ve taken some notes I want to share with you about a very important topic: Competitive Advantage.
Competitive advantage is different today than it was in the industrial era, but these five basic principles still apply:…
Via Quora: What can you change in a business that is strong enough to differentiate the business from all competitors, but without touching the product itself?
For example,
These are significant differences that not only differentiate the companies from all the others, but disrupted the market in some way.
What other variables can you change in a business in this way?
How are these variables called?
Where can I learn more about this?…
If you like these links, check out all the previous “Innovation Must Reads of the Week“. And don’t forget to Follow @jorgebarba
in Leadership, Strategy
Last week I discussed the importance of leading through questions. Since that post got some good traction, I decided to put together these six questions that I found scattered throughout the book “The Strategist: Be the Leader Your Business Needs“. If you haven’t read it, read it!
In my opinion, every business leader and strategist must own these six questions below:…
in Innovation, Strategy
Going against the grain can be a prerequisite for innovation. And in a time when internet companies show no commitment to customer service, there are a few who are making an attempt to do so.
Yesterday, I discovered Pulse. The app that lets us read our news in a very “eye candy” way. I started using it for a few minutes and decided that it was enough for me to switch:…
in Leadership, Strategy
Picture credit: Martin Oberhäuser
At its essence, strategy is a guide to behavior. And, when communicating your strategic intent, the most important goal is conveying your unique aspects and advantages with specific and engaging words.
This is hard. But, if you’re not being challenged at coming up with an effective strategy statement, you’re not trying hard enough. Because It is a real challenge to translate strategy into execution, this is something we must continually work at, that is, communicating strategy. Research has found that only %14 of employees understand their company’s strategy and direction.…
If you like these links, check out all the previous “Innovation Must Reads of the Week“. And don’t forget to Follow @jorgebarba
