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How to be More Agile as Competitive Advantages Fade

New Markets Advisors

For years, Columbia Business School professor Rita McGrath has been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated. The world is evolving too quickly for competitive advantages to last for a meaningful amount of time. Or so the argument goes.

Agile 40
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How Competitive Benchmarking Misses the Mark – And What Anticipatory Leaders do Instead

Daniel Burrus

Why does this happen, and how can you as a leader resist the urge to benchmark against the competition? I have five tips that can put a stop to counterproductive professional benchmarking, but first, understand this: The competition isn’t really competition, as we are all on the same team in one way or another.

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Why Agility Cannot Stand Alone

Daniel Burrus

When the competition launches a new product, how you react says a lot about you as a professional and your company as an organization. This is called agility, and we often utilize agility to change directions and head the competition off at the pass. Agility Is a Lateral Move, Not a Forward One.

Agile 63
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Innovating During and Post-Crisis: How to Keep the Momentum

IdeaScale

For instance, if you noticed during the pandemic people were looking for faster delivery speeds and better order tracking when buying products online, build on that trend in the years ahead. One of the biggest lessons the pandemic has taught us is that every company can benefit from being more flexible and agile.

How To 147
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”.

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Times of change: 5 business trends to stay competitive

mjvinnovation

Therefore, business owners and managers must be aware of emerging business trends. These trends will address organizational challenges and help strengthen your business. The following five business trends will help you stay competitive. Agile Practices. Yes, empathy is a business trend. Flexible Work.

Trends 40
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The building blocks of open innovation lead towards Business Ecosystems.

Paul Hobcraft

This approach supports a culture of continuous learning, adaptation, and external collaboration, positioning the organization for sustained success in an ever-evolving business landscape that recognizes and learns how to collaborate and co-create, moving towards recognizing the value of Business Ecosystems.