by John Boudreau | Nov 26, 2020 | strategy
According to Porter, “The essence of strategy is choosing to perform activities differently than rivals do”. We used this definition to make the case for why you need a strategy. If you are not performing activities differently than your competition, you really don’t...
by John Boudreau | Nov 25, 2020 | strategy
The short answer is, “yes” and even more so if you expect to be in business for a long time. Taking the definition from an earlier blog post, let’s define strategy again. According to Porter, “The essence of strategy is choosing to perform activities differently than...
by John Boudreau | Nov 24, 2020 | strategy
So much has been written about the importance of “vision”. People like Elon Musk and Jeff Bezos are called “visionaries” So what is vision and is it really that important? Think of vision as a picture you paint of the future. The best visions bring clarity and help...
by John Boudreau | Nov 23, 2020 | strategy
Here’s a question for you. Do you have set goals for your business? If so, does that mean you have a strategy? According to Porter [1], “The essence of strategy is choosing to perform activities differently than rivals do.” So why should we listen to Porter? Why does...
by John Boudreau | Mar 2, 2018 | execution, strategy
I think everyone would agree that having the right strategy is important if you want to maximize your chances for success. Yet, I find many small businesses not maximizing their chances of success – at times even unintentionally weakening their chances for...
by John Boudreau | Nov 20, 2017 | KPIs, strategy
Tracking KPIs (key performance indicators) is a real competitive advantage for a small business. No business magically drifts into a better version of itself and KPIs can help to ensure your team is executing on your strategy and driving the results you expect....