The July issue of my Business Reboot newsletter is out now; it has content you won’t find in any strategy textbook. Here are a couple of takeaways from the main article in the newsletter:
Market failures, while typically seen as negative, can provide businesses with opportunities for strategic innovation, differentiation, and value creation. Companies can enhance their competitive advantage and profitability by understanding and leveraging these failures.
While exploiting market failures can be advantageous, companies must remain mindful of ethical and legal boundaries. Practices such as predatory pricing or anti-competitive behavior can harm societal welfare and lead to regulatory scrutiny.
Sustainable success is achieved by balancing competitive strategies with ethical considerations.
Read the complete article at: