by David Darab | Feb 27, 2024 | Business, Management, Strategy, theMBAbrain
Are You an Innovator or an Imitator? In the fiercely competitive marketplace, the question isn’t just about what you do in response to your rivals but how you carve out your niche. Do you find yourself merely monitoring the competition or mimicking their moves...
by David Darab | Mar 26, 2023 | Strategy, theMBAbrain
Strategy is the cornerstone for business success. Strategy connects the present to the future. Strategy brings focus and meaning to your tactics. Strategy involves making decisions about the future and predicting the outcomes of those decisions. Strategy is all these...
by David Darab | Jan 15, 2023 | Strategy, theMBAbrain
Strategic Thinking is the hard stuff of business. If you are looking for a few ideas to strengthen your strategic thinking, sharpen your ability to see new solutions, think more critically, and be more analytical to help impact your business’s growth and...
by David Darab | Dec 4, 2022 | Strategy, theMBAbrain
Growth is essential for a business; leaders aspire to achieve it, yet for most, it remains elusive. McKinsey states that 25% of companies show no growth, and over the last decade, only 1 in 8 achieved more than 10% annual revenue growth. It turns out that achieving...
by David Darab | Oct 17, 2022 | Strategy, theMBAbrain
Know as Strategy Strategist Richard Rumelt speaks powerfully regarding how Strategy’s primary objective is finding a path to overcoming obstacles a business faces. He emphasizes that Strategy focuses a firm’s resources and capabilities against...
by David Darab | Jul 31, 2022 | Strategy, theMBAbrain
Every company says they have a Strategy; many do not, including those that believe they do. Let’s start by seeing what Strategy is not. When the redundant, non-essential, and distracting elements are removed, what remains begins to look more like Strategy....