Part 2 picks up from Part 1 with a discussion of Question #s 4-7. In case you missed Part 1 for a discussion of Questions 1-3 and would like to read it click here. And this is a little long but I think worth your time.
Part 2 picks up from Part 1 with a discussion of Question #s 4-7. In case you missed Part 1 for a discussion of Questions 1-3 and would like to read it click here. And this is a little long but I think worth your time.
There is an accompanying slightly more in depth article just published in LinkedIn titled “Diagnosing the Strategic Health of Your Firm At Lightning Speed: How You Can Do It”, but if you would like to go to the survey directly, here is the link https://www.surveymonkey.com/r/GKF9889.
In 2019 I think more mid-sized firms are shunning competitive strategy and strategic planning than in 1970, around the time of the Arab Oil Embargo when competitive strategy and strategic planning were king.
Even “excellent companies” go through periods of problems with sustained business performance. Amazon caught traction in the marketplace after almost going bankrupt in the 1999-2000 time period and became a runaway success and value-creating machine. I have read nowhere in the business press of any current problems with business performance at Amazon. Everything they do seems to become a hit. But I can almost guarantee that Jeff Bezos worries about some aspects of business performance at Amazon. For most for-profit firms, there is always some aspect of business performance that can at least be improved.