Strategic moves to offer the best payoffs
What are the strategic moves to offer the best payoffs?
Expert
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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