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To Execute Your Strategy,First Build Your Foundation

DOES IT FEEL AS IF the employees in your company are working harder and harder, but you’re still losing ground? You’ve got great people, you invest carefully, and you believe you have the right strategy. You watch the market, listen to your customers, and react as quickly as you can to competitors’ moves. In short, you do everything the management literature says you should, but you still can’t get ahead.

And the signs aren’t encouraging for the future. You see Chinese companies taking over manufacturing in industry after industry.1 Indian companies providing more and more services.2 Small, ...

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