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How to Use Porter’s 5 Forces to Assess Your Market

thoughtLEADERS, LLC

Identify your organization’s major threats and opportunities by assessing these five aspects of your market. As you begin your strategic planning process, it’s important to assess the market you’re competing in. How do they behave? How are they distributed by market share?

Porter 46
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How to Lead On Purpose

Great Leadership By Dan

They may not have had training or mentoring on how to lead purpose, lack the necessary resources or not have the right mind-set to activate purpose in themselves and others. Some try to fake it until they make it because they aren’t sure how to define authentic purpose. But no matter how hard you try, you can’t fake purpose.

How To 218
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6 New Rules for the Digital Age

Leading Blog

E VERY NOW AND THEN, a book comes along to give you the insights you need to see and understand the world you live in and how to thrive in it. The old adage ‘stick to your knitting,’ for example, a colloquial version of ‘build on your core competence,’ tends to narrow a company’s imagination.

Charan 271
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How to Transform Your Company into a Digital Leader

Skip Prichard

High, president of the digital business advisory firm Metis Strategy , advises numerous companies and executives on how to compete in the digital era. Leadership Tip: make change a core competence. First, it is critical to make change a core competence. What are the best practices we can learn from others?

Company 100
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6 Essential Skills for Future Leaders

Career Advancement

Plenty of core competencies will remain essential skills for leaders in the future. That means if you know how to mentor people, engage your team, be transparent with your staff, and guide your team through changes, you’ll be an asset in any organizational context. Specialized areas of expertise.

Skills 257
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How to Meet Customer Expectations when Demand is High

Strategy Driven

A lot goes into running a business, and you have to separate your core competencies and other services that boost productivity. When the market is slow, you’ll be left with unsold inventory, holding your money. No one will give you business when they cannot trust you to deliver on time. To avoid this.

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Why Strategy Withstands the Test of Time

In the CEO Afterlife

Most of these opportunities fall outside of the core competency of the company and/or the positioning of the brand. Business Models Change and So do Core Competencies. When social media types talk strategy, they talk media strategy – who to target, how to reach the target, and how to maximize engagement.

Strategy 165