Tuesday September 22, 2020

Sniff out the opportunity to take the initiative

Being first can catch your competition off guard, get you noticed and give you a good reputation as an innovator, writes Terry Leahy.

30th June, 2012
2
Tesco was the first to enable mobile phone top-ups at every till, dramatically increasing market share in a new sector with an early innovation. Photo: Bloomberg

A balanced business does not simply move forward as one: it moves at the right time, at the right pace.

Some may think that they are more controlled by events and the actions of others than by their own deliberate decisions - especially in today's fast-moving world.

To accept this is to be governed by your in-box, what the competition does or the vagaries of the world economy. Yes, the actions of others shape the...

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