- Identify the key people or talent groups you need for your strategy to work.
- Adopt the practice of questioning and challenging the analyses and findings of groups that have worked in an area for a long time.
- Think like your competitors. If you were to compete against you, what would you do?
- Determine how the industries of your customers are changing and what impact that has on your strategy.
- Identify the best customers in your industry. Are these your customers? If they are, why? If not, why not?
- Check any tendency you and your colleagues have to talk disparagingly about competitors. Seek instead to identify what makes them good.
- Identify assumptions that underlie the business model of your industry and figure out how the model would change—or is changing—should those assumptions change.
- Anticipate how your competitors will respond to your strategic moves before you make any move in the marketplace.
- Identify any technological advances in your industry that you need to implement to ensure strategic advantage.
- Develop a plan to overcome a main weakness of your area that keeps you from adequatly addressing a strategic issue.
- Read industry and tecnical publications looking for changes or trends that indicate new opportunities to meet customer needs.
| Source: Successful Manager’s Handbook. Click on the picture to purchase. |
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