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competitive advantage

Vision in business matters by Richard Gourlay

Strategy: How to outcompete the competition; finding sustainable competitive advantage

Sustainable Competitive Advantage  Sustainable competitive advantage is the market position where a business can continually hit the sweet spot in bringing the right product to the right market at the right time. Few companies can lay claim to the holy grail market position for any length of time, retaining a sustainable position within a market. Here are some that come immediately to mind: Ferrari, Rolls Royce, Hoover, Apple, Boeing, Sky, Microsoft Windows, are all good examples of global companies who have achieved that today.  Sustainable competitive advantage is the ability… Read More »Strategy: How to outcompete the competition; finding sustainable competitive advantage

Do YOU have a Plan for Growth?

Do you have a plan for GROWTH?  Leadership is most often identified as someone with a clear vision to grow their organisation, of where it is to where you want it to be within its market. By definition, that means looking for and finding growth.  All leaders must focus on looking for growth and development of their organisation if leadership is going to be seen as successful. But many leaders do not have a plan for growth within their organisation. Do you have a clear vision of where you are… Read More »Do YOU have a Plan for Growth?

Vision to make change n business by Richard Gourlay

A good business starts with the end in mind: have clear objectives.

A good business starts with the end in mind: have clear business objectives. For leadership teams planning a business is focused around the annual exercise of business planning.  Reviewing what went well and what did not, reviewing the overall performance of the organisation, its profits (or losses) and deciding what to do differently and what to keep the same for the forthcoming year. One key area which good leadership teams consistently get right is in rolling out the right measures, both soft and hard measures of performance inside a business… Read More »A good business starts with the end in mind: have clear objectives.

Strategic Business planning

The TOP TWELVE Business Planning Mistakes

The TOP TWELVE Business Planning Mistakes   Business planning is often talked about as a challenging process to go through.  Both to start a new business, or as the essential process of taking ownership of an existing business. Many business plans fail to achieve their objective, not because they represent a bad idea but because they fall into classic business planning pitfalls or fall over blinding obvious credibility cliffs. Here are the top 12 business planning mistakes, and more importantly how to avoid them.   The business-planning process is in itself… Read More »The TOP TWELVE Business Planning Mistakes