5.What if anything , makes them stand out from the pack.?6.How can you do what they are doing better.? Assessing your competitors openly and honestly will play a key role in helping you develop a competitive edge. You also need to assess the challenges, hurdles and changes that you face in the future. This includes threats that are on the near horizon, those in the medium term and those that will take effect over a longer period of time. A wise manager makes it their business to find out what is going on in the world around them and pays attention to changes that will impact, either directly or indirectly, on their work.Q.No.15. Keeping up with changes in your industry is crucial to maintaining a competitive edge.You can find the information you need from a variety of sources, including: 1.Business and trade publications.2.Trade shows/ conferences. 3.industry organisation newsletters.4.Reports from industry consultants.5. newspapers and internet news services. 6. networking/networlding with allied professionals. 7. Observing competitors.8.Learning from colleagues.To develop new skills needed to maintain a competitive edge, you can also undertake training or professional
5.What if anything , makes them stand out from the pack.?6.How can you do what they are doing better.? Assessing your competitors openly and honestly will play a key role in helping you develop a competitive edge. You also need to assess the challenges, hurdles and changes that you face in the future. This includes threats that are on the near horizon, those in the medium term and those that will take effect over a longer period of time. A wise manager makes it their business to find out what is going on in the world around them and pays attention to changes that will impact, either directly or indirectly, on their work.Q.No.15. Keeping up with changes in your industry is crucial to maintaining a competitive edge.You can find the information you need from a variety of sources, including: 1.Business and trade publications.2.Trade shows/ conferences. 3.industry organisation newsletters.4.Reports from industry consultants.5. newspapers and internet news services. 6. networking/networlding with allied professionals. 7. Observing competitors.8.Learning from colleagues.To develop new skills needed to maintain a competitive edge, you can also undertake training or professional