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SpinDistribute.com Article Directory

The following article was published in our article directory on May 15, 2017.
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Produce Your Strategic Competitive Advantage With A Little Help From Your Friends

Article Category: Business Management

Author Name: Dawn Manning

It only makes good sense that if you want to become and remain successful in business and in life you must make the decisions that will keep you moving toward your goals. Any actions that do not take you directly toward your objectives - take you toward destruction and failure.

Primarily true when it comes to strategic business management whose mission it is to establish and/or maintain your strategic competitive advantage. Taking your eyes off the prize, even for a second can be disastrous. Being convinced of your own infallibility when it comes to strategy development can be fatal.

Probably the most effective framework for making better decisions every time is when you consistently take advantage of the wisdom of others, a group of your peers. Leveraging the power of small group dynamics will increase the percentage of right decisions, reduce unproductive actions, and eliminate the feeling of isolation so common for successful business owners.

Entreprenuers make important decisions every day. And with each decision, a virtual cascade of results is set into motion. These decisions must be clear and sound. It is no wonder, given the potential of every decision, that making them with confidence is the # 1 concern of business owners and executives.

Business owners know that their strategic competitive advantage is at risk when they make decisions in a vacuum - without a sounding board, without access to relevant experience, without the support of colleagues and contemporaries whose opinions and feedback they trust, they are likely to sacrifice optimal performance, efficiency, and perspective that could avoid detrimental and time consuming consequences.

Unfortunately most business owners don't know who they can trust or turn to. Most business owners are isolated with no one around they can trust, especially when it comes to business strategic development and other critical issues. Everyone seems to have their own agenda - their own ax to grind.

In the world of the 21st Century the things they don't know keep growing and the things they know for sure keep diminishing. They are frustrated by being so out of control, with no end in sight

On the other hand, leaders creating the most formidable results for their business do so as a result of the clear and sound decisions they make after collaborating with their group of trusted colleagues. These top executives surround themselves with other capable minds. It's the obvious solution now that you think about it, isn't it?

When creating developing and incorporating their business strategic development road map successful business owners look to their non-competitive peers for access to possibilities they might be missing.

When your peer group is comprised of individuals you trust and admire, who are from your industry yet who are not your competitors their insights will help you leverage your strategic competitive advantage and you will do the same for them.

This sounding board of mutual support will dramatically expand your objectivity and add to your perspective based on their experiences. You will expand your resources - learn what others are doing, raise your level of accountability to yourself because your fellow members are watching.

Think about the last time you faced a problem or were about to make a decision for the first time. Who did you turn to and confide in? Who did you trust in confidence for unbiased feedback, support and perspective?

Wouldn't it be great if there were people available to you right now, at this very minute?

Keywords: strategic planning, reputation management, reputation monitoring, online reputation management, reputation management software

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