Businesses struggle with achieving sustainable competitive advantage. Competition in most SMEs is intense and constant pressure to remain relevant and innovative. It can be challenging to create a unique proposition, differentiate from competitors, and maintain a strong market position over time. Additionally, external factors such as technology, regulatory changes, and shifting customer preferences can impact a business’s ability to maintain a competitive advantage.
To have a strategic competitive advantage for your business we specialize in providing participants with tools such as Porter’s Five Forces framework. This will provide several benefits to businesses, such as a deeper understanding of the competitive environment, improved strategic decision-making, increased competitiveness, better alignment of internal resources, and enhanced stakeholder communication. The framework helps businesses identify opportunities and challenges within their industry, priortises initiatives, allocate resources effectively, and make informed strategic decisions.