What business—one of the three key questions

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Three queations

Image: Shutterstock and Vestadil AB

Currently, there are three key questions that all boards of directors and management teams must ask themselves:

  1. In what business are we?
  2. Who are our new competitors?
  3. How can we attract and retain young talent?

In this blog post, I will address the first question regarding the importance of deeply understanding the industry in which the company operates.

In future blog posts, I will address the other two issues, i.e., the importance of the early detection of new competitors that may enter the market and the challenge of attracting talents to our company.

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