¥Talent
and superior Value Proposition will be the prime drivers for growth
¥Build
enduring targets for growth Ð Focus on Controlled Growth
¥Evaluate
growth opportunities through Organic Expansion and Acquisition
¥Make
ÒGrowth through InnovationÓ a priority Ð not just any form of Growth
¥Periodically
evaluate the CompanyÕs Industry positioning in relation to both Big and Small Competitors ¥Investigate
Vertical and Horizontal markets Ð e.g. Identify Costs of NOTcapturing
the Small Customer and determine if this is an area of expansion to
pursue (i.e. Through Price Differentiation/Separate Legal Entity)
¥Investigate
Competitor Processes and Systems for benchmarking purposes
¥Establish
a formal Competitive Intelligence management position and team if one does not currently exist
¥Re-evaluate
Supplier relationship and Contracts
¥Investigate
reasons/costs of Customer attrition Ð Where are they going? Why? ¥Brainstorm
for ideas on staying ahead of the Competition with Management and other Employees