9

Addressing risk and opportunity

Image

The biggest risk is not taking any risk … In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

Mark Zuckerberg

In this chapter

Strategy development and strategic due diligence are as two peas in the same pod. They feed off the same nutrients – market demand, industry supply and competitive advantage.

They are mirror images of one another. In strategy development you assemble the micro-economic and competitive position ...

Get FT Essential Guide to Developing a Business Strategy now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.