It’s likely strategy planning season (isn’t every season strategy season?) at your library. I found this recent HBR post helpful:
Five Common Strategy Mistakes
HBR blog
by Joan Magretta
Mistake #1. Confusing marketing with strategy.
Mistake #2. Confusing competitive advantage with “what you’re good at.”
Mistake #3: Pursuing size above all else, because if you’re the biggest, you’ll be more profitable.
Mistake #4. Thinking that “growth” or “reaching $1 billion in revenue” is a strategy.
Mistake #5. Focusing on high-growth markets, because that’s where the money is.
Check out the full article.
Stephen

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