Remove Competitive Advantage Remove Ethics Remove Human Resources Remove Marketing
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Want to Cut Complexity? Kill Your Darlings.

In the CEO Afterlife

A long time ago, this ethic saved a near-bankrupt company that I had a part in restructuring. For companies without clout, competitive advantage can be realized by keeping things simple, by cutting out the complexity cancer that is crippling so many enterprises.

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The Essence of Strategy (Part 2) | In the CEO Afterlife

In the CEO Afterlife

by John • October 30, 2011 • Human Resources , Leadership , Marketing , Strategy • 4 Comments. The ethic of more balls in the air, more chances of success lurks in their subconscious. Competitive advantage is strategy’s ultimate purpose. Leadership , Marketing , Strategy. Leadership.

Strategy 234
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20 Reasons Why Companies Should Do Less Better

In the CEO Afterlife

The seemingly more attractive (and logical) option is to do more and more – the theory being the more markets, products, and businesses a company engages in, the better the results. The reward is longer-term competitive advantages. Human capital is the source from which competitive advantage flows or falls.

Company 177
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Be Different! The Key to Business and Career Success

Skip Prichard

There is one universal principle that determines the degree of success of all businesses: Be the preferred provider to your markets. It’s a provider that a customer or client favors in the purchase of a product or service versus its competition. What Is a “Preferred Provider”? ” -Stan Silverman. These leaders never micro-manage.

Silverman 108
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How to Thrive Against Giants

In the CEO Afterlife

Monsanto , for example, enjoys the competitive advantage that emanates from a culture of clout. There might be elements that are worth emulating, but certainly not the ethic of dominance, because by their very nature, small and medium sized operations have no clout. So how does a small player compete against mega corporations?

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Directors Need to Care About Culture

In the CEO Afterlife

Other than ensuring an ethical environment in the organizations they govern, I suspect today’s Boards still don’t give culture the attention it deserves. With the exception of mega-company “clout” in the marketplace, sustainable competitive advantage cannot survive in toxic cultures. That is sustainable competitive advantage.

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Knowledge Is Power. Data Isn’t.

In the CEO Afterlife

One of the best sources of understanding is experience, such as in-market know-how, familiarity with competitors and customers, or expertise in leading during turbulent times. Rather, it is using judgment at the right time and in the right place to seize the competitive edge. Competitive advantage, not information, is power.

Power 100