Posts Tagged ‘competition’

The Risk of Constant Change

Change is sometimes unavoidable and necessary yet not always the best thing. While it can be good, the risk of constant change is something to consider. Read the rest of this entry »

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Strive to Identify Competitors’ Weaknesses

We sometimes get overly concerned about what our competitors are doing. Maybe what they’re not doing may matter more.

Why What They’re Not Doing?

In the blog Don’t Attack Your Competitors’ Strengths we looked briefly at why attacking strengths may not be such a great idea, especially if your competitors are much larger. One example was trying to compete on prices with a large company that has far more purchasing power. That is generally a losing proposition. Read the rest of this entry »

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Don’t Attack Your Competitors’ Strengths

Are you trying to compete against your competitors’ strengths? Well, if you are and have the resources to do that then maybe you’ll be successful. But there is no guarantee.

Why Not?

If a competitor already has developed strengths that you do not possess, first consider if they are ones you Read the rest of this entry »

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The Proactive Business versus the Reactive Business

Does your business take a proactive approach or merely react to events? The difference is more than semantics.

What Does Proactive Mean?

Essentially being proactive means being anticipatory or to prepare for the unexpected. For example, rather than Read the rest of this entry »

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Indecision is a Bad Decision

How often have you found yourself waiting on a decision or leaving others waiting on your decision? Take too long to make a decision and that becomes the decision, and quite often that means this indecision is a bad decision. Rather than making the best decision based on the facts at hand, there may be a tendency to hold off until certain of the decision. By then it may be too late. As Geoffrey Chaucer said, “Time and tide wait for no man.”

There Is Competition

How many companies have debated making changes to their product offerings, only to be left behind when the competition acted first? Not only does Read the rest of this entry »

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The Danger of Business Politics

You don’t have to be working long before you witness politics in the business world. There’s something about human nature that seems to make that happen. Why?

Competition

Actually competition can be healthy. What is not healthy is one-upmanship. In the latter the concept of honest and healthy competition has been left behind and the realm of business politics has been entered. Let me explain what I mean.

What is Business Competition

While we typically think of competing with another company, if we look closely we will see that the competitive spirit spills over into Read the rest of this entry »

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Your Company is Not the Competition

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