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Follow on Google News | New Business Book Summary Available for Creating Competitive AdvantageBy: EBSCO To create competitive advantage in today's complex and fast-paced global marketplace, business leaders must follow 11 steps: • Develop valued traits--namely, products, skills, or services that are desired and different--that give their organizations an edge over their competitors. • Anticipate trends and the changing needs of customers through leadership rather than management, which leaves too little time for leading. • Effectively anticipate growing developments and probabilities in related business sectors. • Conduct research and analysis to learn what customers will want in the future. • Use predictive modelling to create simplicity from complexity and make sound decisions. • Maintain focus on elementary, yet exceptional, ideas in order to establish strategic, clear initiatives. • Change the game by taking risks and moving ahead with innovations. • Create more agile and flexible organizations and become strategic adopters who seize new opportunities to improve. • Ensure that their organizations' business models, systems, and people match their overall business designs. • Embrace some risks, nurture diversity, and act decisively to align their organizations with required changes. • Accelerate growth, profit, and shareholder values through purposeful, contributing approaches and with strong ethics and values. To learn more, please visit www.bizsum.com End
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