Berkeley Chamber of Commerce News

Five Common Strategy Mistakes

Posted by Berkeley Chamber of Commerce on December 20, 2011 in Business Tips , Productivity
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I just finished a two-year project looking at Michael Porter’s most important insights for managers. Connecting the dots between his classic frameworks (the five forces, for example) and his latest thinking (the five tests of strategy) gave me a new understanding of the most common mistakes that can derail a company’s strategy. In a previous post, I focused on the fallacy of competing to be the best. Here are five more traps I’ve seen managers fall into over and over again.

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Five Common Strategy Mistakes