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differentiating your business to drive high-
1) Dinosaurs
Businesses on their way out-
and Competing on Price ... believing growth
is unachievable ... whilst seeing their margins shrink & their clients start to walk
2) Defenders
Committed to continually improving their
business ... by working more effectively, cutting their costs and offering competitive prices ... Competing on Quality & Service to earn
decent margins and achieve reasonable growth
3) Buccaneers
Ambitious, clever & fiercely-
winning at head-
a distinctive edge to stand-
& Competing on Superior Value to capture market-
4) Trail-
Deliberately avoiding direct competition by differentiating their business to create new
& uncontested market-
sort of value they simply can't get anywhere else
The Impact on your Profitability
Your Competitive Ambition ... how high you decide
to aim and the way you choose to compete ... can
have a huge impact on your profitability ...