Bridging the gap: business strategy
Donât be afraid to take a big step. You canât cross a chasm in two short jumps.
David Lloyd George
You have identified and targeted the strategic gap. Now you need to bridge it.
We will start with business strategy only and examine this in five sections:
- Opting for a generic strategy.
- Strategic repositioning and shaping profit growth options.
- Grouping into strategic alternatives.
- Making the strategic investment decision.
- Bridging the gap for a startup.
We start with the generic strategies.
Opting for a generic strategy
Three generic business strategies have been with us since the early 1980s and should still form the starting point in your strategy development ...
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