The
Sustainable Competitive Advantage
Getting the Edge in the 21st Century
Economy |
For
Michael Porter, the world’s preeminent business professor of corporate
strategy, there are just two generic strategies for a competitive
advantage – maintain a price leadership or offer a differentiated
advantage of value.
But
as challenging as this is - to create a competitive advantage and
become the leading organization in any field, for a short period
of time - is relatively easy.
It’s
the sustainability, the ability to keep up the competitive advantage
that is proving to be the great challenge.
In
today's increasingly variable and active business environment, at
any time competitors can undercut or imitate the differentiated
advantage and gain the upper hand. The companies that are slow to
adapt to these new realities, inevitably go into decline.
This
is a universal reality. It does not merely apply to small or medium
business. More than 50% of Fortune 500 of 1970s don't exist today
despite the depth of economic resources. Even a juggernaut like
General Motors who seems to have been around forever, today is
struggling for its very existence.
Peter
Senge’s book on the Fifth Discipline, made such an impact, because
it captured beautifully, the challenge of today's business environment
and its solution – a company must develop a fundamental capacity
to rapidly learn or die.
A
learning organization, as he expressed, is characterized by the
ability to “continually expand their capacity to create the
results they truly desire, where new and expansive patterns of thinking
are nurtured, where collective aspiration is set free, and where
people are continually learning to learn together.”
In other words, a learning organization adapts to the marketplace
by consistently increasing its power
to change - its power to re-create itself
from environmental feedback and its power to co-create together,
Great things.
From
an inside-out perspective, a learning organization is one
where the highest mental faculties of its people are cultivated,
so that it is able to continually improve and to transform itself.
From
an outside-in perspective, it is characterized by this
heightened integrated intelligence to respond and understand the
emerging needs of others - as opposed to merely reacting to competitive
pressures. It is intelligently customer centered.
Both
perspectives in fact point towards the same thing...
Philosophers
summed up this principle with the maxim, 'as above, so below
- as within so without'. The macrocosm is as the microcosm,
and vice versa. Within each lies the other. As a sustainably competitive
organization is characterized in the marketplace by its adaptability
and continual abilitty to learn - this in turn, is reflected internally
in its people - as adaptive and continually learning.
Leaders
then are the key to the creation and sustenance of such a learning
organization. They are like the DNA of the 'learning organization
animal', which can replicate Greatness within and without.
Here
at The Executive-Coaching Center, we never loose sight of this
fact. As such, our executive-coaching programs are tailored to
deliver this integrated leadership development pathway - within
and without.
As
psychological integration towards self-actualization occurs within
the leader, so is this then mirrored in the health and agility
of the organization.
And
vice versa. As organizational systems and
processes, customer perspectives, financial flows and learning disciplines
become better integrated into the leader, so does the personal
sense of life fulfillment increase.
We
therefore seek to intelligently design (system thinking
based) custom executive coaching pathways that take into
consideration:
- a
company's unique challenges and opportunities, in relation to
the larger vision, values, and strategies - in relation to the
challenges, opportunities, vision, values and strategies of the
individual
- the
alignment of one's social-emotional intelligence, in the relationships
with the internal customers (the team learning process of the
organization) - with the relationships of the external customers
(the fulfillment of a company's mission)
- the
habitualization practices that facilitate learning through action
- by application of insights onto the real and present challenges/
opportunities at hand - and by extracting insights from the effects
created through such actions.
Take
Up Our Executive-Coaching Integrated Assessement Now
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