Achieving advantage over competitors is what strategy is about. All organizations have competitors, no matter whether they’re business, government, or not-for-profit entities. Some compete for customers, some for funding. And they all compete for employees.
4 Techniques for Developing Strategy Insights
You can engineer those “aha!” moments.
November 23, 2022
Summary.
Strategies only work if you can figure out how to position your organization on the strategic factors most relevant to your organization’s key stakeholders. And doing that requires what we call insight, a recognition that no-one else has had about what your stakeholders really want. This article identifies four techniques to develop the insight you need to crack open your competitive advantage: introspection, looking at other perspectives, observing actual behavior, and looking at what happens in other domains.
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How to develop a winning strategy—and put it to work.
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New!
HBR Learning
Strategy Planning and Execution Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Strategy Planning and Execution. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
How to develop a winning strategy—and put it to work.