For all leadership and management small business. This is a great read on the how-to of effective strategy for competitiveness.
Excerpt: Bowman’s Strategy Clock is a very useful model to help you understand how companies compete in the marketplace. By looking at the different combinations of price and perceived value, you can begin to choose a position of competitive advantage that makes sense for you and your organization’s competencies. This is a powerful way of looking at how to establish and sustain a competitive position in a market driven economy. By understanding these eight basic strategic positions, you can analyze and evaluate your current strategy and determine if adjustments might improve your overall competitive position.
Read full article via Bowman’s Strategy Clock – Strategy Skills Training from MindTools.com.
