Business Mastery for Entrepreneurs – Part 20: How to Develop the Best Strategy for Your Business – Tool XIII – Critical Success Factors

In today’s blog post, I will share another great business tools, the Critical Success Factors (CSFs).  What are Critical Success Factors? These are factors that will determine your companies success or failure. For example, sometimes it can be hard to get everyone in your team to focus on what really matters. That’s where Critical Success […]

Business Mastery for Entrepreneurs – Part 19: How to Develop the Best Strategy for Your Business – Tool XII – USP Analysis

What sets you apart from your competition? In today’s blog post, we’ll explore how you can use the USP Analysis to find and create your Unique Selling Proposition (USP) so your company can stand out and stay ahead of your competitors. To be successful in your business you´ll need something that customers uniquely value and […]

Business Mastery for Entrepreneurs – Part 18: How to Develop the Best Strategy for Your Business – Tool XI – Core Competencies Analysis

What does it take to build a sustainable competitive advantage for your company? In today’s blog post, I will share how your company can stand out, get ahead and stay ahead of your competitors. One way to create a long-term sustainable and successful company is to have something that customers uniquely value and that positions you as the […]

Business Mastery for Entrepreneurs – Part 17: How to Develop the Best Strategy for Your Business – Tool X – Design Thinking – Business Model Innovation

Business models age faster than ever before. They are challenged by increased marketplace volatility and the rising diversity of attractive customer segments. What is the solution? Best addressed is this challenge with business model innovation an important strategy for driving value-creating growth. It can be deployed to both defend and disrupt. It helps to decline competitiveness and to […]

Business Mastery for Entrepreneurs – Part 14: How to Develop the Best Strategy for Your Business – Tool VIII – SOAR Analysis

In today’s blog post, I will share how to use the SOAR analysis for your strategic decision-making. This tool guides your company´s strengths and potential to create a shared vision of a positive future. Rather than focus on weaknesses or areas for improvement, the SOAR analysis encourages you to focus on what your company excels […]

Business Mastery for Entrepreneurs – Part 13: How to Develop the Best Strategy for Your Business – Tool VII – MOST Analysis

In today’s blog post, I will share how to use the MOST analysis for your strategic decision-making. Many companies have a mission defined and objectives set, yet sometimes these guiding statements lose focus by implementing business change. As a result the strategy and tactics being executed fail to fully support that overall vision. MOST analysis […]

Business Mastery for Entrepreneurs – Part 12: How to Develop the Best Strategy for Your Business – Tool VI: The FIVE WHY´s

Have you ever had a challenge that was very persistent? No matter what you tried, sooner or later it would return, perhaps in another form. Recurrent challenges are often symptoms of deeper issues. “Quick fixes” often solve only the surface issues. In today´s blog post, I will share how to use the five Why´s tool for your […]

Business Mastery for Entrepreneurs – Part 11: How to Develop The Best Strategy For Your Business – Tool V: How to Use Porter´s Five Forces

In today’s blog post, I will share how to use Porter´s Five Forces for your strategic decision-making. I will show how to deal with your competition and how to position your company strategically that benefits your long-term success. If you analyze the company´s current competition advantage with these five forces, it will reveal where you´ll need […]