Masterful strategies come from
A) successful managerial efforts to develop a sound strategic vision.
B) doing a very thorough job of strategic planning.
C) involving as many company personnel as possible in the strategy-making process.
D) crafting a strategy that mimics the best parts of the strategies of the industry leaders.
E) doing things differently from competitors where it counts rather than running with the herd.

Question

Quizplus · Accepted Answer

Masterful strategies come from doing things differently from competitors where it counts rather than running with the herd. This means being innovative and not following the same path as competitors but creating a new path that can lead to a sustainable competitive advantage. Successful managerial efforts, thorough planning, involving personnel, and mimicking industry leaders can be useful, but they do not guarantee a masterful strategy.

Masterful Strategies Come from