Welcome to all you Leaders In Strategy 🌟to the 1st of our occasional series of Deluxe Edition podcasts 🎙️. 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, it’s 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 🗣️👂and leave your comments below.
Be sure to subscribe! We put out a podcast 🎧 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