The Top Business Strategy Articles You Need to Stay Ahead in 2021
2020 was a year like no other, and it taught us a lot about the importance of having a solid business strategy. With the unpredictable events that unfolded last year, businesses had to adapt quickly to stay afloat. In 2021, it’s vital to be prepared with a well-crafted business strategy that can help you stay ahead in these turbulent times. In this article, we will list some of the top business strategy articles that will help give you an edge in your business operations this year.
1. Harvard Business Review – “What is Strategy?”
This timeless article by Michael E. Porter highlights the importance of having a clear and concise business strategy. Porter explains that a successful strategy needs to identify a unique value proposition and position within the market, as well as communicate that value clearly to customers.
2. Forbes – “The Top 10 Business Trends That Will Drive Success in 2021”
This article discusses the upcoming business trends that are expected to shape business operations in 2021. It’s important to stay up-to-date with the latest business trends, as it gives you an edge over your competitors and helps you tailor your strategy based on predicted market trends.
3. McKinsey & Company – “COVID-19: Implications for business”
The COVID-19 pandemic shook businesses across the world, leaving many struggling to keep their operations going. McKinsey & Company’s article dives deep into the ways that businesses can pivot and adapt to the new normal. The article stresses the importance of agility in business operations, as well as effective communication with employees and customers.
4. Smarp – “5 Proven Business Strategies That Will Help You Grow Your Business”
This article goes in-depth into five proven business strategies that businesses can use to help grow their operations. The strategies outlined include diversification, customer retention, sales optimization, cost-cutting, and product innovation. By implementing these strategies, businesses can help drive growth and stay ahead of the competition.
5. Entrepreneur – “Why Your Business Needs a Purpose That Goes Beyond Making a Profit”
It’s crucial to have a purpose that goes beyond making a profit in today’s business world. This article by Entrepreneur highlights the importance of having a purpose-driven business strategy, and the benefits that come with it. Purpose-driven businesses tend to have a higher employee retention rate, higher customer loyalty, and better long-term financial performance.
In Conclusion
Crafting a solid business strategy is vital in these unpredictable times. By researching and staying up-to-date with the latest business trends and insights, you can ensure that your business stays ahead of the competition and equipped for any challenges that may arise. The articles listed above are just a few examples of the wealth of knowledge available to help navigate the business world successfully in 2021.
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