What business—one of the three key questions
Image: Shutterstock and Vestadil AB
Currently, there are three key questions that all boards of directors and management teams must ask themselves:
- In what business are we?
- Who are our new competitors?
- How can we attract and retain young talent?
In this blog post, I will address the first question regarding the importance of deeply understanding the industry in which the company operates.
In future blog posts, I will address the other two issues, i.e., the importance of the early detection of new competitors that may enter the market and the challenge of attracting talents to our company.