
Friday Dec 20, 2024
Deluxe Edition 1: 4 Steps To A Successful Strategy
Welcome to all you Leaders In Strategy ๐to the 1st of our occasional series of Deluxe Edition podcasts ๐๏ธ. These episodes will feature linked previous editions, offering extended versions with a unique twist. We've trimmed out the Re-caps, Ice Breakers, Homework, and Feedback sections, focusing solely on delivering 100% strategy content!
In this Deluxe Edition, I explore the 4 Steps To A Successful Strategy.
1. Ambition: Define the finishing line of the strategy so you can start with the end in mind!
2. Identity: Understand and describe the unique set of characteristics that identifies your business as themselves & no-one else.
3. Competitive Advantage: How you differentiate yourselves from your competition based on your company strengths, itโs what sets you apart.
4. Key Challenges: The obstacles that need to be overcome to make your strategy a success.
We would be thrilled to hear your thoughts on this topic. Join the conversation ๐ฃ๏ธ๐and leave your comments below.
Be sure to subscribe! We put out a podcast ๐ง every fortnight.
These are the books referred to in Competitive Advantage:
'Competitive Strategy' by Michael E Porter (https://www.amazon.co.uk/Competitive-Strategy-Techniques-Industries-Competitors/dp/0684841487)
'Good Strategy Bad Strategy: The Difference and Why it Matters' by Richard Rumelt (https://www.amazon.co.uk/Good-Strategy-Bad-Difference-Matters/dp/1846684811)
#strategy #leaders #leadership #businessstrategy #ambition #identity #competitiveadvantage #challenges #business #competitivestrategy #GoodStrategyBadStrategy #business #masterclass
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