Strategic moves to offer the best payoffs

What are the strategic moves to offer the best payoffs?

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The following five strategic moves appear to give the best payoffs:

i. Invest insistently in R&D to continue on the leading edge of technological know-how.

ii. Build up fast response capability.

iii. Rely on strategic partnerships with remote suppliers and with companies making tie-in items.

iv. Start fresh actions every few months not just when a competitive reply is required.

v. Keep the company’s services and products new and exciting enough to stand out in the middle of all the alteration that is taking-place.

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