Hi Robyn,
It is incredible that you have chosen your three learning concepts wisely. Creating value to your customers as well as maintaining a competitive advantage in the job market is imperative to any business organization. Primarily, these skills cannot be acquired without knowledge of business level strategy. It is important to note that in our modern society, more than 85% of the global population considers the quality goods and services before purchasing and not the cost as many of us may think. Maintaining a competitive front highly depends on identifies and manipulating loopholes that other companies have ignored. The organizational structure is a critical concept, and a firm's formal procedures, control mechanisms, authority as well as decision- making processes heavily rely on it. Understanding how strategic networks work at the corporate, business, and international levels is a paramount lesson to any business oriented person as one knows various legalities that affect his/her company. A manager cannot run a business without the necessary leadership skills. The secret lies in identifying the strengths and weaknesses of your employees so as you can group them in ways that they compensate each other. Strategic leadership also involves being in the forefront in leading your company to form networks that are crucial to its success. Wish you the very best!
Hi Fredrick,
Enhancing your skills on strategic competitiveness, competitive advantage, and strategy is a wise decision. Strategic competitiveness helps a business person to know when to compete, ignore, and cooperate with competitors. Having a competitive advantage takes more effort because every company is on its heels trying to outdo others. To effectively compete with other businesses, one must be ready to invest heavily. A perfect example is Apple Company that protects its brand by making exceptional gadgets, which they sell at a very high price, yet their legendary mystique spreads globally. Many companies make the mistake of producing low-quality products thinking that they might just attract a large number of customers. Fundamentally, this does not always happen. In the entertainment industry, therefore, you will need to come up with a unique brand, invest in producing the very best and watch as news spread about your company. Success happens to those who believe in the beauty of their dreams!
