WHAT’S YOUR COMPETITIVE ADVANTAGE?

CEOs and business owners have long known that success involves having a competitive advantage. Regardless of your industry or size, your organization needs to have a competitive advantage.

  • What’s your competitive advantage?

Historically, a competitive advantage has meant that an organization has sought to be better at something or somethings than its competitors.  Most often, this has been attributed to one or more of the following aspects of business as leading to a competitive edge:

1)     Strategy
2)     Finance
3)     Marketing
4)     Technology
5)     Customer Service

Clearly, being better at several of these can provide a competitive advantage that is significant.  Being better at all five of them can put you in an elite status in terms of success.

However, organizations are finding it more difficult to be better than their top competitors in these five aspects. That has given rise to a new business attribute that can serve as a great differentiator.  What is that attribute?

  • ORGANIZATIONAL HEALTH!

Organizations are essentially living, breathing entities. Therefore, Organizational Health is best understood as a metaphor comparing it to the human body.

Both the human body and a business entity:

  • Consist of many parts, each of which has a specific purpose to fulfill
  • Malfunction when one part functions outside its purpose
  • Need all of the different parts to work together in harmony & in unison
  • Even so, the disagreeable unwanted effects of medicine and also the expense and time required to engage in cognitive therapy has quite a few patients seeking natural approaches to treating their dysfunction. levitra online deeprootsmag.org

  • Require a degree of stability (the scientific term for this is homeostasis)
  • May outwardly appear to be healthy, but inwardly are not

Organizational Health is about making an organization function effectively by:

1)     Building a cohesive leadership team
2)     Establishing real clarity among those leaders
3)     Communicating that clarity to everyone within the organization
and
4)     Putting in place just enough structure to reinforce that clarity going forward.

WHAT ARE SOME ADVANTAGES OF ORGANIZATIONAL HEALTH?

 Getting more time in less time
 Identifying problems and obstacles earlier and addressing them faster
Seeing opportunities sooner and taking advantage of them ahead of the competition
Increasing the motivation and retention of your best people

In Part 2, we’ll look further into ORGANIZATIONAL HEALTH.

For more information on this subject:

YOU HAVE HR QUESTIONS…TRINITY HAS ANSWERS!

Posted in Organizational & People Development