It’s stating the obvious to say that every company is aiming for success. After all, that’s typically why we take the lead or start a business in the first place, isn’t it? But there’s a hidden dark side to success. It can ultimately lead to...
Research indicates that approximately 90 percent of U.S. firms utilize a strategic management system in some capacity. In essence, they employ a system to gauge their advancement towards the strategic objectives they’ve established. Whether it’s through...
In our childhood, reading is typically taught at a single speed. Individuals often categorize themselves as slow readers if they take a considerable amount of time to finish a book, or as fast readers if they breeze through books like an ice cream cone on a hot day....
With the rise in popularity of people pursuing MBAs in recent years, there’s been a spike in the reliance on analytics in business decisions. If you don’t have data to back up your position, you come across as unprepared, even unprofessional. You can thank...
I have previously discussed strategic positioning and how your organization can adopt various models or archetypes to secure a competitive edge. But there’s another way to think about your strategic position in the market from the inside out. In other words,...
Many business professionals are acquainted with Michael Porter and his five forces model for assessing a company’s strategic position. However, what may not be widely known is that there exists a similar model that predates Porter’s. Written by Raymond...
