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Pages:
1 page/≈275 words
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1 Source
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APA
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Business & Marketing
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English (U.K.)
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Topic:

Strategy, Innovation and Uncertainty in the Industry (Essay Sample)

Instructions:

THE TASK ON THE TOPIC OF STRATEGY, INNOVATION, AND UNCERTAINTY WAS ABOUT CHAPTER THREE OF THE BOOK “GREAT BY CHOICE BY CHOICE” BY JIM COLLINS, WHICH INVOLVED GIVING AN INSIGHT OF WHAT THE CHAPTER WAS ABOUT AND THEN DISCUSS THE 20 MILE MARCH WITH THE FCB BANK AND GIVING AN EXPLANATION OF WHAT THE 20 MILE MARCH ENTAILS.

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Content:


Strategy Innovation and Uncertainty
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Strategy, Innovation, and Uncertainty
The book “Great by choice by choice” by Jim Collins offers a great insight to organisations and people with a vision of breaking the grounds of the uncertain future in the industry and excelling in the process. The fear of unpredictable events is a major setback to many. Chapter 3 of this book outlines in detail a strategic way to redesign an organisation’s product and services to promote productivity and bring forth advantage over competitors, and reassure customer loyalty (Collins & Hansen, 2011). As a leader in an organisation, gaining information about the organisation’s opportunities and reviewing them to identify the best realistic that can be pursued and strategically executing the plans to innovate and change the current model is a guaranteed tool of capturing the benefit of the uncertainty.

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