Strategy Plain and Simple Vaughan EvansUnderstanding the market: 1

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Understanding the market

Understanding the market

Time spent on reconnaissance is seldom wasted.

Military maxim

The market lies at the bedrock of strategy. A strategy that is built upon a solid understanding of the market is like a house built on a concrete foundation.

A strategy that is premised on how wonderful your business offering is, and hang the market, is like a house built on sand. It will be washed away.

To paraphrase the famous military maxim, time spent on understanding the market is seldom wasted.

There are two sides ...

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