Building Margin 07: What is a Competitive Advantage
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In this episode, Steve Coughran will be exploring the concept of competitive advantage in business and how it can give companies an edge over their competitors. Our host expert, a seasoned business strategist with extensive experience in the field, Steve will share insights on identifying and leveraging competitive advantages. We'll define what competitive advantage is and explore the different types of advantages that companies can have, including cost leadership, differentiation, innovation, and agility. We'll also discuss strategies for identifying and building upon a company's existing advantages, as well as ways to stay ahead of competitors through continuous improvement and adaptation to new market trends. Whether you're an entrepreneur, manager, or aspiring business leader, this episode is packed with valuable information that will help you understand and harness the power of competitive advantage in your own organization.
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