|Oct 28, 2019|| 3|
CEO’s are constantly on the hunt for smart ways to obtain a unique advantage that produces persistent superior business performance.
That’s business strategy, in a nutshell.
Leaders often set their goals on making companies more innovative — aspiring to mimic the trendiest techworld companies — and bring to market successful products and services.
But, here’s the catch: innovative products are the outcome, not the strategy.
You need a strategy.
And in the skills economy, skills are the strategy.
In other words, obtaining a skills advantage presents a powerful strategic opportunity.
We’ve even reduced this to a formula:
People x Skills = Collaboration + Innovation + Products
How, then, do you execute a skills strategy?
It comes down to acquiring, mapping and tapping a skills stock that will enable your company to operate at new heights to achieve your business goals.
Our next post will unpack the strategic skills that make up a skills strategy.
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