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Companies must differentiate between what they do best and what they can let go from "summary" of Fit for Growth by Vinay Couto,John Plansky,Deniz Caglar
In a rapidly changing business landscape, organizations face the challenge of identifying their core competencies while recognizing areas that may no longer serve their strategic objectives. The essence lies in understanding what drives sustainable competitive advantage and what dilutes focus and resources. By honing in on strengths, businesses can allocate resources more effectively, ensuring that energy and investment are concentrated on activities that enhance value creation. This process begins with a candid assessment of internal capabilities. Leaders must engage in honest introspection, evaluating which functions align with their vision and market demands. By prioritizing these strengths, companies can cultivate a distinctive value proposition that resonates with customers. The clarity of purpose fosters innovation ...
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