Step #3: Developing Strategic Initiatives and Quantifying Impacts (3)
If a firm manages to establish relationships with strong independent authorities, these linkages should be strengthened via relationship building and capability sharing to ensure a lasting, favorable impression. Establishing relationships with weak independent authorities may not be a priority for most firms.
Finally, firms must address the constituency that usually is of greatest concern to them, the competition. When facing strong competitors, acquisitions, if appropriate, or a general improvement of its own products and services from a cost and differentiation perspective may prove worthwhile. Weak competitors should continuously be monitored in terms of both their evolving power position in the Web and their product/service offering as it is received by the marketplace.
Taken From : Enterprise Guide to Gaining Business Value from Mobile Technologies
Again, specific recommendations for action exceed the scope of this
book, because such recommendations will have to be tailored to each individual
organization. Yet, the Value Web framework will give you the tools
with which you can begin to plot your strategic direction and tactical initiatives
to establish a sustainable competitive advantage.
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