Having a good strategy is key. Strategy is about knowing your market, your customers, your competitors, your strengths, defining your value add, your differentiation and your unique value proposition.
Markets differ from country to country and from region to region. Therefore strategy should be made on all levels, including the local ones.
What is more important than strategy?
Strategy Execution.
What is more important than strategy execution?
Empowering the right people.
What is more important than empowering the right people?
Establishing the right culture.
„Culture eats strategy for breakfast“, Peter Drucker.
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Next week' post: Success.
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