Agility is vital in order to creatively execute
and continually fine-tune action plans and resources
devoted to strategic initiatives. Customers' and investors'
expectations and competitive threats are intense and
unrelenting. Strategy implementation demands time
and talent that can be in short supply. Successful
companies have the agility to redeploy talent and
resources across the enterprise to meet the ever-changing
mareketplace.
Be very clear about both customers and investors. What
do existing and future          customers really want? What do
the existing and future investors really          expect?
How will customers' and investors' requirements change?
When?
Know the competition. What is it? Who are they? What
are they doing?          Look beyond today. Where will they be
in 3, 6, 9, 12, and 18 months?
Implementing strategy requires focusing a watchful
eye on customers, investors, and competitors. It does
not make sense to recycle strategies and changes that
were founded on inadequate or outdated intelligence
on competitors, customers, and investors.
Communication is key to understanding and satisfying
customers and investors.
A Suggestion
Invest 50% of your communications resources in delivering
your story and 50% in listening. Communicate creatively,
tenaciously, and aggressively, and leverage technology
24/7 worldwide.
A reminder – field, telephone, and Internet sales professionals may be the most powerful and effective, yet least used, communications resource.
Nurture a well-informed, open-minded, and discerning
view of existing and prospective global competitors,
investors, and customers. Strengthen your capacity to
initiate pre[emptive strategic changes – ahead
of customers' and investors' needs and well ahead of
competitive attacks.
To emphasize the obvious – The Internet, and technology in general, may be a more formidable threat to thousands of companies than any traditional competitor.
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