A strategy should anticipate and counter competition from "summary" of Good Strategy Bad Strategy by Richard Rumelt
A strategy, in its essence, is a plan designed to achieve a specific objective. However, a good strategy is not just about setting goals and outlining steps to reach them; it must also take into account the competitive landscape in which it operates. This means that a strategy should anticipate and counter competition effectively. Competition is an inevitable part of any business environment. Whether you are operating in a crowded market or a niche industry, there will always be other players vying for the same resources, customers, or opportunities. A good strategy recognizes this reality and prepares for it accordingly. Anticipating competition involves understanding the strengths and weaknesses of your rivals, as well as the potential threats and opportunities they present. By conducting a thorough analysis of the competitive landscape, a strategis...
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