To lead the market, we should become a Leader first by exploring more about our company products, people, processes, system and diversity.
a) User interface design of the product plays an important role. The product should be designed after a qualitative research in a very simple way where masses of people can understand the use and its benefit.
b) To obtain that viable edge, we need to grow our work-force from groups into teams that use the full potential of every individual, as every team would be working on a common goal beneficial for the business.
c) GAP Analysis of processes should be done and industry best practices should be designed, implemented and monitored to maintain the quality and uniqueness of the product/ service.
d) A well defined inter-departmental and intra-departmental structure should be created and communication protocols to be defined.
e) Diversity in the workforce in terms of their strengths in respective areas and encourage knowledge sharing initiatives in the company.
These simple practices will give us the courage to lead and not to follow the competition.
If you are getting into business you are making a commitment to compete. This means you monitor the habits and trends of your competitors to capitalize off their weakness to strengthen your business. The courage to start a business should be the same courage that continues to motivate you to maintain the business. Becoming a leader in providing a product or service depends on the relationship you have in that market. So focus on increasing your share in the market and you will soon find yourself on top.
Following the competition is a sure formula for failure. The way to succeed is to go in another direction - after research. Clients will respond positively if you can show them the new way will work.
Yes, we all have the courage to lead, when we are on a stable platform!
When the platform begins to shake, as in period of recession or when cut-backs are imposed, we need to check around and see if we are responsible for creating the mess. Once we are sure, only the can we begn to lead.
Yes. But always satisfy yourself that your competitors are wrong. If they have made a decision it should not have been off the cuff but by an analysis of the factors affecting that decision. So take care, if your analysis backs you up do it but keep on asking yourself why you're on your own by re-visiting your decisions occasionally to see if they are still valid..
I believe that I bring a unique perspective to what I do. That makes me different and sets me apart from my competitors. So I always want to lead and I do have the courage to lead.
I do not have patience for any one trying to block my way to leadership either by overt or covert actions. I confront such people or when it is not possible to confront, I limit my interactions with such people or group. Because I do not have room for negative energy and should not allow such energy to distract
me from achieving my goals.
Following the competitor is healthy to enhance more than the scope of the competitor!, Thinking of out of the box beyond the outlines of the competitors keeps you leading the way forward with courage!
I have the potential to think beyond the competitor!
Of course I do. I am always on an outlook to do something new, unusual that no one thinks of touching. I love to create new concepts for under served and unserved markets with latest technologies. I set the trend and competition follows. I focus on areas that has been taboo for the competition but I see it as an awesome opportunity to serve the markets with my authentic creativity - which opens new doors of business opportunities.
I wrote a paper - to a be a leader, one needs to be a follower. This doesn't mean I follow someone or something blindfolded, but yes, it is essential to know the competition that exists, before I lead. An awareness of the environment I'm living in, gives me courage to lead.
If you follow you are not standing out from competition. It's really about differentiation your product or service and STP--Segmentation, Targeting and Positioning.
I would add USP or Unique Selling Proposition or Unique Selling Point and working with the 9P's of Marketing (http://nineps.com) to find ways to innovate in the marketplace and with the Nine P's of marketing.
Shawn ~
Courage comes from the French word for heart, coeur, so courageous leaders lead from the heart. I call it being "crea-geous": creatively courageous. http://www.liveyourlight.com/services/FullSpec.html
I believe true leadership emerges from passion. When you know your planetary purpose, you develop a passion, a joy, a burgeoning desire to share this inspiration with others for the greater good of all. Then the idea of "competition" becomes superfluous, because each of us expresses our truth and passion in our own unique way. And this is how the best businesses are started and run as well.
Yes. My partners and I are developing the first "Net Positive" renewable energy Microgrid multi unit residential building ever to be brought to market in San Francisco, Ca. We are developing this as a replicable, positive ROI business model for ourselves and other developers to follow.
https://www.honestbuildings.com/sol-built-alpha#.UoVFKyizKph
This building and others like it can connect to form the community microgrid systems, creating unprecedented building and community scale energy and transportation resilience and fossil free independence.
You can't be a "me-too" person to succeed in business. Innovate or die! There's always a better way to do anything. You just have to find it, It's out there for you.
Yes I do. Please let me know what is your concern about leading or following and let's see if I am able to help you.
best regards
FF
Sure I do, by not worrying about the competition! The problem with many companies is that they get caught up in worrying about what the other guy is doing, they forget to improve on their own value proposition for their customers. I don't worry about competition because I know what I offer is unique and valuable to a business owner. I focus on what I can offer my clients not what others are offering. Finally it's up to them to decide who is worth their time and money. There will always be competitors but to that I say there are plenty of fish in the sea, and the smart fishes come to me! LOL, I'm only kidding people!
Success in business is creating and sustaining the competitive advantage. Peter Drucker, the guru of modern management, established the criteria long ago with his famous words of wisdom: "The purpose of a company is to create a customer, and the job of the leader is to grow the value of the customer." The only way any company is going to be able to achieve that is to develop and maintain a unique value proposition. That means they have to be customer centric and at the leading edge of technology in their industry constantly "delighting" their customers with solutions to their problems before they know they have them.
I developed courage at an early age by entering the U.S. Navy, this experience taught me a good lead has to soar above all the competition. Strategy had to be developed to stay on top, and master my area of leadership expertise.
Yes, I do have the courage to lead the competition.. Since, I am doing an animated video to help business target their audience. That's why I have the courage.
Chuck is right. Look at best practices and do better. Our customers are those who want to be ahead of competition and we enjoy working with them.