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- Translating Vision Into Action (PDF 107KB)
Regardless of how your company articulates its vision, one of the common challenges is translating that vision into action. This article provides a 3 step process for transliating your vision into tangible actions.
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- Strategic Benefits of Defining Your Industry (PDF 186KB)
It is generally accepted that industry definition is a starting point in strategic analysis and is usually based on some combination of competitor and consumer analysis. The main reason to define your industry is to put a boundary around who you include or don’t include as a competitor. Defining your industry too narrowly may result in missing a potential competitive threat. Defining your industry too broadly is time consuming and may not provide meaningful and actionable information. This article provides 4 methodologies to use to define your industry.
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- Overcoming Barriers to Strategic Thinking
The purpose of this article is to outline a few of the common barriers company's face in moving forward with a strategic management system and a few ideas on how to overcome them.
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