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Ammad Awan Glasgow - Business Strategy For Facilitative Leaders

The study and design of your business strategy will have far reaching effects on your business. Many business leaders overlook the importance of understanding business strategy.

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Ammad Awan Glasgow - Business Strategy For Facilitative Leaders

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  1. Business Strategy For Facilitative Leaders AmmadAwan Glasgow

  2. The study and design of your business strategy will have far reaching effects on your business. Many business leaders overlook the importance of understanding business strategy.

  3. Gaining a Competitive Advantage • Competitive advantage can be won through avoiding commodity business models, knowing when to compete, gaining higher ground first, and by being original.

  4. Avoiding the Commodity Business • The commodity is something that any business should stay away from. A commodity is a good that a business is powerless to change the price. For example, farmers are price takers and can only sell their goods for the price the world is willing to put on them. No matter how well the farmers does in raising up goods, the price will be what the market gives.

  5. Know When to Compete • In trying to gain the higher ground, there are a some good things to know. You should only compete when you know that you can win. You should never compete on a level playing field unless forced to do so. And, you should never ever compete in a battle that you are at a disadvantage.

  6. Get Competitive Advantage First • In other words, take the higher ground before you compete. In that way, you will have a good chance to win. In business, battles are won before the competition ever begins.

  7. Be Original • It is unlikely that any firm can gain the competitive advantage by trying to copy another. The reason is that the competitor will always be one step ahead of you and a smart competitor will even mislead you purposefully. Any business that wants a real market advantage will most likely need to develop their own ideas, keep them secret, and follow through.

  8. Strictness as a Leader • Discipline must be swiftly carried out against the disobedient. There must be an effective system of rewards and punishments in place. The effective leader will be able to persuade others to the importance of the mission and commit them to work hard for the goal.

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