Derek Banker

Apr 8, 20201 min

Competitiveness & Strategy

Updated: Apr 9, 2020

To become and / or remain competitive, organizations need to innovate. To be truly competitive, organizations need to think beyond their current products, services and capabilities, and have a deep understanding of their core competencies as well as their target market.

Strategic thinking is about syntheses; it involves intuition and creativity. Stakeholders should make their most significant contribution around the strategy-making process by aiding and encouraging members to think strategically, and by supplying the formal analysis that strategic thinking requires.

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