How do you create competitive advantage? Elon Musk found the way, and the competitive advantage he enjoys makes his companies the best companies to work for today. Tomorrow may be a different issue.
Today we will look at three best companies, which together I will dub Elon Musk Enterprises. The reason these are the best companies to work for is that they are wonderfully independent of the uncertainties and vagaries of the free market.
Developing strategy is hard. Developing strategy that makes business news is even harder. One way to do it is Willi Robertson’s: work hard, look weird, and promote your brand relentlessly under god. Another is to possess the strategic thinking of Elon Musk.
Launching a new strategy is fraught with unexpected problems since consumer demand is always somewhat unpredictable. Oprah Winfrey can attest to that with her W network. Implementing a strategic plan, however, should be easier if the strategy actually has a coherent, consistent set of activities behind it. It helps further when the set of activities behind a strategy is simple and elegant.Read More →