Are you a Strategist? You have a Key Role in Creating Sustainable Competitive Advantage


 
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Are you a Strategist? You have a Key Role in Creating Sustainable Competitive Advantage
Anneke Zwart, Student (University), Netherlands, Moderator
Most organizational performance theories assume that there are certain “best practices” or “best ways” needed to outperform your rivals.
This seems to be true for some competitions, such as cookery and gardening.
But in competitions such as business (and sports and games) such a certain “right way” that will lead one to victory does not exist. In such competitions applying a certain standard or “best practice” will simply not suffice to outperform others.
Rather, in business competitions you need a particular skill or intellect that is singular (special) and non-repeatable so as to be able to create sustainable competitive advantages.
So, in order to design a business that has a sustainable flow of wealth, a singularity needs to be generated instead of following generalized standards and theories. Strategic thinking is therefore critical in creating competitive advantages since strategic thinkers try to find solutions for each different situation by us...
 

 
Strategists are Indeed Important
Alex Korokeyi, Business Consultant, Member
I quite agree with you because competitive advantage comes with a lot of situational thinking that is strategic at every point a business decisions is...
 

 
If it is not Different, It's not Strategic
Bernhard Keim, Business Consultant, Germany, Premium Member
I fully agree on the topic. Business is not a game where the same rules and principles have to be followed by all participants. It's not about the gam...
 

 
Involve Lower Staff too in Strategic Innovation
lenworth grandison, Jamaica, Member
I could'nt agree more, I think inovation quite sums it up: an organization simply cannot create real wealth by simply doing what everyone else is doin...
 

 
Strategists Must have a Dynamic View from the Stratosphere
Sudheendra, Consultant, India, Member
Strategy as the name indicates is a view of the facts from the stratosphere regarding details on earth. It also considers the relative movement of obj...
 

 
Good Practices, Not Best Practices
srinivas, Lecturer, India, Member
I consider there are no best practices and only good practices.
If organisations focus on continual improvement, good practises get better and be...
 

 
Good Strategist Knows Best Practices in the Strategy Process
Kurt Ludikovsky, Consultant, Austria, Member
In my opinion In your statement you are
- Right if you try to simply copy the best practice, then there will most probably be no innovation
...
 

 
Strategy Is: Know the Game and Know your Strengths
ADEROGBA ADEBAYO, Manager, Nigeria, Member
I quite agree with your submission, strategic thinking definitely gives you an edge in any competitive market. You must know the game and your stre...
 

 
Strategy and Initial Conditions
zephir, engineer, France, Member
Among the necessary insights that may be needed, I think that one can start with a few common methodologies such as
 

 
The Importance of Strategists for Firms
Jaap de Jonge, CEO, Netherlands, Editor
It appears we all agree that:
1. Having a competitive advantage (CA) is extremely important for any firm, and
2. Strategists are crucial to ...
 

 
Strategists versus Scenario
Rick Rohr
I have been a proponent of strategic thinking but lately have been leaning towards scenario planning. My ...
 

 
Strategists in Real-life Business Practice
Rey Lopez, Professor, Mexico, Member
Dear Anneke, I couldn't agree more with you. It's also true that strategists are not necessarily a product of Universities. Schools all over sh...
 

 
Strategists as Captain of a Ship
Mahmood Azizi, Manager, Iran, Member
I agree with topic and I suppose strategists are like a captain of a ship, they should know well about the principles of
 

 
Where Strategists Play a Crucial Role
Mellacheruvu Adi Saasthry , Director, India, Premium Member
With deeper insights in to various arenas, strategists play a vital role. Things are not simple nor straightforward.
It involves a great amount o...
 

 
What is the Role of Strategists in Scenario Planning?
Jaap de Jonge, CEO, Netherlands, Editor
@Rick Rohr: Thanks for bringing up Scenario Planning.
Some people will say that scenario planning is just one f...
 

 
Some More Thoughts by Goddard on what Strategists should and shouldn't do
Bernhard Keim, Business Consultant, Germany, Premium Member
To understand better what Goddard means, see also another article by him in Business Strategy Review 2010, Q2: "The Reality of Costs". There he mentio...
 

 
Strategic Thinking AND Scenario Thinking
Evgeniy Lavrukhin, Manager, Russian Federation, Member
To my mind, the main difference between strategic thinking and scenario thinking, is that the latter is more solid and sustainable from the formal sid...
 

 
Best Practices May Be a Basis for But is not Equal to Competitive Advantage
Wolfgang Kerstner, Project Manager, Austria, Member
(1) If any organizational performance theory suggests to rely (only) on best practices to outperform competitors, it is wrong. My experience tells me ...
 

 
Best Practice is not Enough to Outperform your Rivals
Jaap de Jonge, CEO, Netherlands, Editor
@Wolfgang Kerstner: Well put, I agree. See also the in-depth discussion: Be...
 

 
 


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