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Failing to diversify initiatives

Failing to diversify initiatives: Assessing and Improving Strategic Plans
Failing to diversify initiatives: Assessing and Improving Strategic Plans

A good strategy balances your investments in a diversified way. You might find you've placed too many bets in a concentrated area. Whether it's focusing too much on a geography, a product, a customer, or a technology, putting too much emphasis in one area at the expense of others can lead to catastrophe if the bet doesn't pay off. Adjust your initiative portfolio regularly based on market trends and performance of other initiatives.

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Skill Level Intermediate
54m 4s
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Skills covered in this course
Business Leadership

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