The Business Development Strategy Series: All the Colours of the Rainbow

An ingredients list for various Business Strategies.

Strategy in business.

In business the approach to progress can be developed and managed by observation of what’s worked, what doesn’t work, and what might work for specific situation.

Information is available for comparison and discussion with opportunity to learn how the evolution of strategy facilitated companies. Intentionality and innovation are not mutually exclusive. The differences within companies that advance and those that don’t are as different as the colours of the rainbow.

One way to begin, is to walk the “rainbow” and investigate each of these differences in their own light. Explore the terms and their meaning to begin a critical review of well trodden pathways leading towards new and existing advantages in industry.

Management matters. Business leaders must arm themselves with an understanding of their market position and actual potential. Executive teams must discuss investment and decide for themselves whether innovation and training, research and development, cost leadership, design and build, operations or asset management, will hold the secret to their company’s success.