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Some strategies to effectively communicate areas for competitive advantage improvement include:
1. Clearly defining the areas of improvement: This could be in terms of corporate culture, identifying under-serviced niches, establishing a unique value proposition, or identifying your ideal customer DNA.
2. Using visual aids: Graphs, charts, and diagrams can help to clearly illustrate the areas that need improvement and how these improvements can lead to a competitive advantage.
3. Regular communication: Regular meetings and updates can ensure that everyone is on the same page and understands the areas of improvement.
4. Training and development: Providing training and development opportunities can help to improve skills and knowledge, leading to a competitive advantage.
Question was asked on:
Use this slide to list and discuss your top competitors. Make sure to include the vital information about them, such as what kind of competitor they are (direct or indirect), their positioning, pricing, strengths and weaknesses. With this slide, communicate the areas for competitive advantage improvement. These include corporate culture, under-serviced niches identification, unique value proposition establishment and your ideal customer DNA identification.
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Evaluate your position in the market and familiarize how you compare against competitors to do more of the right things. Use this Competitive Landscap...
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