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Theaterkollektiv Baeklaba
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Theaterkollektiv Bäklaba

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With the right mindset in place, the next step is to craft a strategy that aligns with your goals. A winning strategy is a well-thought-out plan that takes into account your strengths, weaknesses, opportunities, and threats (SWOT analysis). It’s a roadmap that guides your actions and decisions, helping you stay focused on what matters most.

Communication is always key but every company that I have worked for believe that they are good at communication. This has rarely been the case or it could have been improved. Customers are rarely interested in your strategy only in what or how your products and services will benefit their business. Internally, especially for long established companies, there seems to remain a ‚yearning for the good old days‘ but these are the ‚good old days‘ of your company’s future.

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It used to be quite clear who the chief rivals are in most industries, but companies now have an increasing variety of unique competitors, making the playing field harder to define. It is easier if the competitor is a sleepy incumbent, especially if it needs to decide whether it should disrupt itself or hold on to the current business model. But if you are the incumbent looking to fend off attackers or are facing fierce competitors, beating them is easier said than done.

Sustainability & Future Technologies | Research, Strategy & Integration | Senior Researcher & Petroleum Eng. | TWA Energy Influencer ’23 | Young Professional Champion – SPE MENA H2 WG & SPE NE | Climathon 2021

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