The purpose of strategic controls is to track progress toward the fulfillment of the strategy or confirm its continued validity and take corrective action if needed. The objective is to act on […]
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Growing through an economic downturn is understandably counterintuitive to incorporate into a line of reasoning and action. How long will the decline last? How large of an impact will it have? How […]
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Companies sell many products to capture a sizable portion of the market. In so doing, they can reach the limit of too many products and give rise to unintentional business complexity – […]
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Defending against an attack requires exercising clear vision on the threat and getting to the true underlying issues at play. Management needs to focus its efforts on leveraging the relevant strategic control […]
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A successful company needs to engage in the ecosystem to stay relevant, for several reasons. On the one hand, every company is part of at least one business ecosystem, possibly more, and […]
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We have moved into an era where the success of a business strategy depends just as much on the speed of execution as in identifying the right strategic direction. Rapid execution confers […]
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Market forces affect the equilibrium between supply and demand all the time. For instance, a typical situation of rising production costs drives excess capacity in the market and a shift in the […]
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In a sector downturn, companies need to adapt their cost structure to the new market reality. During this time, demand shifts, and supply adjusts. As revenue growth decelerates, the most critical business […]
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Growing during an sector downturn is understandably counterintuitive to incorporate into a line of reasoning and action. How long will it last? How large of an impact will it have on our […]
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In an economic slowdown, companies need to adapt their cost structure accordingly. During this time, demand shifts, and revenue growth decelerates, requiring management to plan ahead to contain a potential crisis. The […]
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