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Discussion 2 : Strategic Planning
In the program, you learned about the importance of making a company having a competitive advantage. Managers must have a clear focus and understand how their divisional strategy fits into the overall company strategy. Provide an example from YOUR company (or a company that you worked for in the past) that effectively uses strategic planning to create a competitive advantage.
Discussion 2 : Strategic Planning Answer
The companies that are having their competitive advantage become notable from their competitors. It can give a higher value, attract more customers, and it creates company branding. Establishing a competitive advantage is one of the most important strategies that a company must hold. As I had experienced, our company whose been so extensive in its commitment to the company’s core values and principles.