{"id":5416,"date":"2022-02-27T01:29:58","date_gmt":"2022-02-27T06:29:58","guid":{"rendered":"http:\/\/mariusbill.com\/?p=5416"},"modified":"2022-02-27T01:29:58","modified_gmt":"2022-02-27T06:29:58","slug":"business-mastery-for-entrepreneurs-part-24-what-is-the-best-strategy-for-your-business-tool-xvii-adaptive-business-strategy","status":"publish","type":"post","link":"https:\/\/mariusbill.com\/de\/business-mastery-for-entrepreneurs-part-24-what-is-the-best-strategy-for-your-business-tool-xvii-adaptive-business-strategy\/","title":{"rendered":"Business Mastery for Entrepreneurs \u2013 Part 24: What is the Best Strategy for Your Business? \u2013 Tool XVII \u2013 Adaptive Business Strategy"},"content":{"rendered":"

\"\"<\/span><\/b><\/strong><\/span><\/p>\n

What is the best strategy to build and maintain a successful company?<\/strong><\/span><\/p>\n

The answer depends on your industry and environment and usually consist of more than just one approach.<\/span><\/p>\n

Depending on your needs you might want to adopt different strategies to be able to respond to changes in your industry and environment fast enough to maintain your success.\u00a0<\/span><\/p>\n

In today\u2019s article I will give you a brief introduction to the\u00a0adaptive<\/b><\/strong>\u00a0approach to<\/b><\/strong>\u00a0strategy <\/b><\/strong>and show\u00a0when you should use this strategy.\u00a0<\/span><\/p>\n

When<\/span><\/b><\/strong> is the adaptive approach to strategy the right choice for your company? <\/b><\/strong><\/span><\/span><\/p>\n

In their book, Your Strategy Needs a Strategy, Martin Reeves and his co-authors,1<\/sup>\u00a0emphasized the importance of the adaptive approach to strategy for business environments that are neither predictable nor malleable.<\/span><\/p>\n

A great summary of their work can be found in the Harvard Business Review 2<\/sup>\u00a0or in the Boston Consulting Group publications.3<\/sup><\/span><\/p>\n

Overview<\/b><\/strong><\/span><\/p>\n