It sounds cliché to repeat it again just like a mom’s tip to kids “Don’t be afraid of challenges and changes, my darling”, but there are probably some good reasons for us to revisit this motherhood statement. This year has been tough and challenging for many of us. The Covid-19 pandemic has dramatically changed people’s […]
Tag: competition
Case competitions are amazing opportunities to demonstrate your ‘case cracking’ abilities in front of industry judges, quickly expand your network, and win great prizes. I was fortunate enough to be involved with several during my undergraduate days, both as a participant and as a judge. I even started one, which is now one of the […]
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Surveying the Business Landscape
Before taking decisive action, it may be a good idea to assess the lay of the land According to Sun Tzu, the quality of decision “is like the well-timed swoop of a falcon which enables it to strike and destroy its victim.” And much like a circling falcon overhead, a company needs to take a […]
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Growth Strategies
Growth strategy begins with identifying the source of the problem – you will want to look at customers, products, the company and its competitors (Source: Culturamix) THE frequently used term business growth simply describes the process of improving some measure of an enterprise’s success, ranging from promotion, product development, new market entry or improving employee productivity. How can we more closely […]
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Understanding the Competition
“Know your [competition], know yourself and you can fight a hundred battles without disaster.” ~ Sun Tzu YOU are running a company, advising companies or would one day like to be. A company needs to understand its competition, and here are 11 points to help you do that. 1. Identify the competition Who are the […]
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Porter’s Five Forces Analysis
The Porter’s Five Forces framework is used to determine the competitive intensity and attractiveness of an industry HARVARD Business School professor Michael Porter, in his 1979 book Competitive Strategy, developed the Porter’s Five Forces. The Porter’s Five Forces framework is used to determine the competitive intensity and attractiveness of an industry. Attractiveness in this context […]