Dealing with a Low Cost Competitor

By M. Dana Baldwin, Senior Consultant How can you compete with a low cost, low price competitor? Let’s discuss price wars: They usually don’t work! When your company is competing with a lower cost competitor, you must realize they can sell and make a...

SWOT Analysis revisited

  Note: This article was previously posted in Course and Direction. People make a lot of the SWOT analysis in strategic planning. As a rudimentary approach to thinking about strategy, the SWOT works pretty well. Decades of experience has shown us that great...

Does focus on weaknesses help?

By Robert W. Bradford, President and CEO One of the most vexing issues encountered in strategic planning is a focus on the negative, especially threats and weaknesses.  Obviously, we’d all like to avoid having weaknesses, but let’s face the truth:  no...