Archive

Posts Tagged ‘competitive advantage’

Strategy in times of rapid change

April 12th, 2012

A typical definition of the word strategy is a plan of action designed to achieve a vision, the two key words being “plan” and “vision”.  I’ve been talking about strategy a lot lately because I believe the lack of a coherent strategy is the barrier that prevents firms from achieving their full potential.  They either lack a vision, they lack a plan of action or they lack both.  In other words they lack a strategy. Read more…