Question: doing things differently from competitors where it counts - - out - innovating them, being more efficient, being more imaginative, adapting faster - - rather

doing things differently from competitors where it counts--out-innovating them, being more efficient, being more imaginative, adapting faster--rather than running with the herd.
avoiding unconventional and "dare-to-be different" ways to attract customers and, instead, sticking to making solid improvements in proven ways to deliver good customer service and build market share.
doing a very thorough job of assessing the strategies of competitors and a talent for spotting ways to improve on the strategy of whatever rival company is deemed to have the best strategy in the industry.
being quick to recognize and adopt a sound strategic vision and business model.
crafting a strategy that mimics the best parts of the strategies of the industry's most profitable companies.
 doing things differently from competitors where it counts--out-innovating them, being more

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!