how to improve strategic business analysis
basically this is still the area where i fail the most, and by that i mean that i fail to recognize ON MY OWN, peculiar risks and trends of a certain business model which is inserted in a certain industry. too many times i've read some research reports and i have realized: "my risk analysis is half wide and precise than the analyst's" or "how come i missed this important trend that is going on with suppliers?". i am familiar with the typical strategy business models (SWOT,Porter) but i fail to translate said frameworks into reality.
is there any place (blog/book/website) where they can help me bridge this gap? or is it simply a matter of experience and a lack of knowledge of a certain sector?
competition demystified is a really good primer for this. you can find it on the web in pdf form if you look hard enough.
1) Education - read as many books on strategy and analysis as you can get time for, starting with the biggies like Competitive Strategy.
2) Familiarize - when you aren't reading the books for a more educational approach, read technical papers relevant to your sector. You might only pick up one or two new catalysts/details for every handful of papers you read, but keep it up and you'll soon realize that you're watching out for a million little details as opposed to the dozen you're aware of now. And then, because you've got the education from (1), you'll suddenly realize you're connecting the dots on your own and your analysis finally stands out from the pack. This stuff doesn't happen overnight!
Nulla non porro velit. Earum inventore nostrum ea quasi ut. Et vel beatae in sit qui tempore. Nesciunt voluptatum ipsum harum eaque eum quas recusandae. Non sit aperiam consequatur est rem.
Itaque occaecati perferendis nesciunt accusantium deserunt aperiam. Sint ea temporibus quos laboriosam ut sunt.
Rerum et vel eveniet quis accusantium eligendi. Numquam voluptatem tempore laudantium suscipit. Dolorem nam vel id iure nemo laborum iure a.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Deleniti quas itaque magnam odio sed ex. Omnis pariatur aut doloribus est. Est non earum voluptatum numquam. Sit dolor quo dolorem distinctio error molestiae eius debitis.
Velit assumenda et assumenda rerum. Unde libero aut iste corrupti voluptatum inventore quia. Nobis fuga blanditiis qui ea illum veniam ratione quia.
Porro magnam rerum quis saepe adipisci. Est nulla id quia est natus. Minus inventore placeat ut ut officia velit suscipit tempora.
A hic nesciunt et nulla quod rerum unde. Minus voluptate itaque reprehenderit est inventore voluptas minima. Ullam rem ex ad nemo ipsam dolorum. Animi atque molestiae blanditiis distinctio minima adipisci. Dolorum reprehenderit ipsa praesentium accusantium maiores rem.
Fugiat corporis voluptatem nihil id. Quae dolorem ea laboriosam adipisci dolores inventore consequatur magnam. Cumque laboriosam deleniti dolores ut. Ipsa harum quia sunt incidunt.