Building a strategy for longterm success from "summary" of The Innovator's Solution by Clayton Christensen,Michael Raynor
To achieve enduring success, a company must establish a strategy that is designed for the long term. This involves more than just setting a goal or defining a vision; it requires a deep understanding of the industry, the competition, and the evolving needs of customers. This strategy should not be based solely on current trends or short-term gains, but rather on a comprehensive analysis of the market landscape and a clear vision for the future. One key aspect of building a strategy for long-term success is identifying the core competencies that set a company apart from its competitors. These competencies are not simply what a company is good at, but rather what it excels at and what gives it a sustainable advantage in the market. By focusing on these core competencies and continually investing in them, a company can build a foundation for long-term success that is diffic...
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