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How to Create an Effective Business Strategy
Many business leaders understand the value of having a strategy to help align decision-making with organisational goals. They understand the theory of strategy and want to develop effective strategies for their businesses. However, they struggle when it comes to...
The Value of a Solid Digital Business Strategy
In the early 2000s, innovations from Silicon Valley led the way when it came to technology. However, while it took a little while, the rest of the world has steadily caught up. Indeed, it’s common to see agile start-ups from different regions take on established...
Understanding Strategy
For decades, businesses have adapted to a continually changing landscape to remain competitive. From retaining the flexibility to respond to market changes to continuous benchmarking, companies have to work hard to stay ahead of the competition. Around them, markets...
Understanding Blue Ocean Strategy
In the 21st century, business organisations have had to evaluate their strategies to meet consumers' dynamic needs. The world has changed in numerous ways that have led to shifts in how people do things. For businesses in both the public and private sectors, the...
Life After a Pandemic: Business Strategy Tips for After COVID-19
The global coronavirus pandemic is causing crisis around the world and the costs, both human and economic, are high. During this time of turmoil, the businesses that are staying afloat best are those that already had a multi-sided platform business model, or those...
Navigating COVID-19: Business Response Strategies
The outbreak of COVID-19, the coronavirus strain causing a global pandemic, is taking a huge toll on human life. This affects not only those who contract the disease, lose a loved one, or are otherwise directly affected by illness during this time; coronavirus is also...
Analysis of Competitive Forces Shapes Effective Business Strategy
The essence of having a business strategy is to help a company understand and stay ahead of the competition. In many cases, business managers restrict their definition of competition to perhaps industry rivals alone, leaving out other competitive forces that also play...
Chess Principles That Apply in The Business World
Considered a 'thinker's game', chess is a popular among millions of people who actively play it around the world. It's a game that transcends borders and age. Chess boards can be found in schools, parks, business offices and homes, and is enjoyed by both young and...
Understanding Strategy in Business
Throughout the history of business, some companies have performed better than others. Whether it's the result of innovation, a pricing model that the market is comfortable with, or a sound business strategy, these companies grow and succeed over time. While the...
More Start-up Entrepreneurs Seeking Advice
Increasingly, start-up entrepreneurs in the UK are seeking advice about various aspects of running their business. This upward trend has occurred for multiple reasons, but none more important than the fact that the country's start-up economy is steadily maturing. The...