by John Boudreau | Dec 2, 2020 | strategy, strategy map
In the last several posts we have been discussing strategy. We used Michael Porter’s definition of strategy: “Strategy is choosing to perform activities differently than rivals do.” A strategy is not just a list of goals. Like playing chess, each move is made...
by John Boudreau | Dec 1, 2020 | Uncategorized
We’ve been discussing the different strategic moves you can make next as this year comes to a close. This is part 9 in a 30 blog series on strategy, so please checking out posts #1 through #8 to get caught up. One strategic move you can make is to focus on a...
by John Boudreau | Nov 30, 2020 | strategy
Up to this point, we’ve been discussing that pursuing a cost leadership strategy is difficult to maintain and a race to the bottom. We said that a potentially more profitable strategy is to differentiate your company from your competition. We showed how you can use a...
by John Boudreau | Nov 29, 2020 | strategy
We’ve been discussing strategy and how to move from a cost strategy to a differentiation strategy. If you’re not sure about the difference between cost and differentiation we talk about it here. In the last post, we showed how to determine those...
by John Boudreau | Nov 28, 2020 | strategy
Previous posts have discussed the concept of strategy: A definition of strategy Why you should have a strategy How to develop a strategy and If you should change your strategy This post digs into the heart of your strategy, your value proposition. Cespedes, put’s is...