Learn more about strategy with this collection
Strategies for building self-confidence
Techniques for embracing your strengths and accomplishments
Tips for seeking support and feedback
The first step is to find your big audacious goal to stretch your business and expand its value creation.
A key source of inspiration can be customer problems and desires, which change all the time. Ask them what they want instead of guessing. Also ask other stakeholders for new ideas - investors, government bodies, local communities, and employees.
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MORE IDEAS ON THIS
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Take a strict look at what your clients really want. Instead of drawing up customer profiles, companies should consider what individuals wish to achieve in that specific circumstance.
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The past few years have produced unprecedented disruptions, and companies find it near impossible to plan for the future.
Such a volatile environment needs a new approach to strategy. It requires an approach that relies less on looking at what the company can do and more on imagining what i...
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Identify which strategic options from the previous step best deliver on each of the sub-questions.
When the alternative solution o...
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Take each sub-question and generate ideas and strategic options. You no longer think about the questions but look for strategic ideas.
Look at what top performers in your own industry and elsewhere do.
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