The crucial indicator to the likelihood of a business group’s survival in the face of competition
is the evidence of the emergence of strategy and control.
The generic choice for today’s business group is between cost-leadership and product focus as it
strives to attain the distinctive, inimitable competitive edge.
That is the hallmark of corporations that can keep rivals at arm’s length.
The proof that such a choice is being made for every business, improves the prospects of a
group.
Conversely, the absence of such decisions implies that the business in question have no defined
distinctiveness, and offer little by way of unmatched value to the customer.
Vital too is the assertion of strategic intent in a group’s plans. Is it for instance going global or at
least, pursuing global scale?
Strategic Quotient
Has it made innovation and customer focus the bedrock of all its activities?
Is it weaving speed, flexibility and quick response time into the very fabric of all its actions?
The features that a business house with a clear strategy in place demonstrates are the obvious
measures for the group’s strategic quotient.