Friday, January 4, 2008

Basic Business Strategy Options

1. Grow fast... and ahead of most competitors.
2. Grow in line with the industry
3. Defend your existing status... assumes that you've got a strong starting position in the first place.
4. Catch up... might necessitate new leadership.
5. Turn around... mandates a radical new approach.
6. Hang in... go with the flow and don't expend much effort.
7. Harvest time... milk the opportunity with an eye on withdrawal.

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