article thumbnail

Identifying Your Weaknesses As A Business

Strategy Driven

As an SME, for example, you’ll have tighter links with the local community, allowing you to strengthen brand loyalty. Most posts will start by saying that you need to conduct a SWOT analysis. Small businesses do a lot of things better than the competition. Here are four common pitfalls that SMEs suffer regularly. Ask Others.

SWOT 123
article thumbnail

Prioritize Your Opportunities with This Checklist

Harvard Business Review

The world is replete with SWOT mechanisms for evaluating a prospective new product offering, as well as opportunity assessment templates for evaluating a project against overall business goals, customer impact, strategic potential, and competitive urgency. Your Team’s Time Management Problem Might Be a Focus Problem.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 5 Skills That Innovative Leaders Have in Common

Harvard Business Review

Every CEO should be cultivating these behaviors to maximize innovative thinking: The most innovative leaders: Manage Risk. Innovative leaders scored 25% higher than their non-innovative counterparts on managing risk. To develop better risk management behaviors, CEOs need to: List a minimum of eight ideas for new initiatives.

article thumbnail

Creating a Buzz Around Your Brand: Targeting as Many Potential Customers as Possible

Strategy Driven

You haven’t had the opportunity to gain their trust and loyalty yet and competitors are reluctant to let them test the waters with your newly posed competition. So, it’s time to start swotting up! Generating sales and profit is a challenge for any newly established brand. The list goes on and on. Customer Reviews.

Brand 51