Should You Worry About Early Imitators
Emerging companies often have to deal with larger competitors who take notice of their new venture and imitate their activities as a way to squash any potential threat they may pose. However, if you have the right business strategy, imitation can be flattering, not threatening.
Political Climate and Strategic Position
Whether you are looking to assess the attractiveness of a new country or considering a strategic evaluation of your current activities, the political climate shall have a significant bearing on your business and therefore, should be appropriately analyzed before reaching any conclusions.
Maintaining Market Leadership
How do market leaders like Wal-Mart and Dell maintain their dominance? They focus on implementing a single strategy more effectively than their competitors, and as market leaders, meet and exceed consumers' expectations. Understanding how they accomplish this gives rival firms a chance to decrease their market shares and dominance.
Partnering with External Stakeholders
Because organizations face increasingly complex and competitive markets, the relations with their external stakeholders become vital. This is part one of a two part series of articles addressing each of the most common stakeholders and how to maximize their satisfaction with the company.