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Distinctive Capabilities
Distinctive
capabilities help you
stand out from the
competition and
are the basis of your
competitive advantage.
As a source of
competitive advantage, a capability should be neither too simple that it is
highly imitable, nor too complex that it defies internal steering and
management.
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Creating Competitive
Disruption:
7 Strategies |
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Develop the ability to
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Surprise
Develop ability
to move quickly. |
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GE Leadership Effectiveness Survey (LES) |
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Understands and uses
speed as a
competitive advantage...
More
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Although corporate investment in
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improvements
to existing products and
processes does bring growth, it is new game changing
breakthroughs that will launch company into
new markets, enable
rapid growth, and create
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high return
on investment...
More
Systemic and Synergistic
Innovation
Innovation used to be a linear trajectory from new knowledge to
new product. Now
innovation is neither singular nor linear, but
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systemic
.
It arises from complex interactions between many individuals,
organizations and environmental factors. Firms which are successful in
realizing the full returns from their technologies and
innovations
are able to match their
technological developments with
complementary expertise in other areas of their business, such as
manufacturing, distribution, human resources,
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marketing
,
and
loving customer relationships...
More
Corporate Culture as a Fundamental Competitive Advantage
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Build a
High-Performing CULTURE.
The strength of your
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corporate culture
is one of the most fundamental competitive advantages. If you can build and
preserve a
customer-focused culture of
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creative dissatisfaction,
questioning
and innovation, a culture of
teamwork and
commitment, one where employees
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passionately
pursue your organization's
cause
and
mission, you will be better positioned for success...
More
Leverage
Opposite Forces
You can find a strategic competitive advantage
in an organizational and cultural context by seeking to leverage, rather
than diminish, opposite forces. An important principle of the
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Business Success
is that integrating opposites
unleashes power. To be successful in
today's complex, rapidly changing and highly competitive world, you must
embrace and manage critical opposites...
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Synergy Innovation
If you want to create lasting success, be a
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Master
of
Business Synergies
‒ look for and build innovative synergies.
Leadership
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Leadership
is the necessary condition for long-term competitiveness. In particular
in the
knowledge economy. Harnessing your abilities to
lead
through the power of
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intellect
,
will, persistence, and
vision
creates
synergies
that propel successful companies in the quest for, and achievement of,
competitive advantage...
More
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"True progress in any field is
a relay race and not a single event."
~ Cavett Roberts
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