Business Strategy: What Do You Really Want to Optimize?

By |2017-06-21T15:53:41-06:00February 21st, 2010|Categories: Business Strategy, Doug's Blog, Leadership|Tags: , , , , , , , , , , , , , , , |

Man in Office - Business Performance - Business Strategy

Before you spend resources on improving your business performance, it is best to know where you want to go. This means getting clear on your business strategy.

Improving Business Performance

There are two main ways of improving business performance:

  • Optimization – Making things better, best practices, incremental improvements,
  • Innovation – Doing different things, doing things differently, leaping past the competition.

It is easy to think there is a magic bullet for optimizing your business’s performance. […]