+1 (702) 462-1600
Innovative Strategies for a Competitive Edge

Innovative Strategies for a Competitive Edge

In today’s world, it isn’t enough to simply be different. If you’re not innovative in a manner that has importance for your customers, you won’t stand out from the crowd.

Innovative strategies will help you gain advantages over your competition by leveraging uniqueness and creativity.

The first step is to identify your goals and objectives. It’s important that you know what you want to achieve, as innovation will amplify those results.

The second action is identifying opportunities for differentiation from competitors. In today’s market, where everyone has their own take on how to deliver for customers, developing an approach that is unique from your competition provides you with an advantage in the marketplace.

Once you’ve identified your goals and the opportunities for differentiation, it’s time to develop your plan.

One way is to tap into creative approaches from other industries. As yourself, “Why and how do they do it that way?” There are examples from all around the world – easily discovered with some basic research on the Internet — that share a common interest in being a distinctive force in the marketplace. By tapping into these different perspectives, leaders can broaden their thinking about how they can provide solutions, while also leveraging diverse viewpoints. This means more creativity and innovation on how best to serve customers — without compromising what you already stand for in your industry.

Lastly, once you’ve created something distinctive that makes sense for your company and meets your objectives, make sure everyone knows about it!

Creative marketing strategies will help build awareness, as well as raise credibility among this increasingly discerning customer base. Tell customers and prospects a story about why they should choose you over the myriad of alternatives available in today’s marketplace.

(And don’t forget – every employee needs to know the story as well!)

Remember:

  • To create distinction, use innovative strategies for a competitive edge.
  • Leaders need to broaden their thinking about how they can provide solutions, while also leveraging diverse viewpoints to be distinctive and creative.
  • Distinctive marketing strategies through stories help build awareness as well as raise credibility among this increasingly discerning customer base.

You must enhance your perspective to distinguish yourself from others who think similarly. Break away from conventional wisdom — it isn’t enough to merely be “different” in today’s world.

It’s not enough to be great at what you do — virtuosos are plentiful in every field. It takes something beyond that. What’s critical for your success is creating distinction. If these insights resonated with you, please share it on your social media! And learn more about our Iconic Inner Circle membership program. (https://IconicInnerCircle.com) We’re ready to help you create a plan for success that will help drive you to meet your goals and create a competitive edge for you and your business!

The Power of Positivity

The Power of Positivity

If you’re like me, you often find yourself asking, “Where does the time go?” It was all the way back in 1994 that my awesome friend, Antonia Barnes Boyle, and I co-wrote my first book: Just Say — YES! A Step Up to Success.

Now a quarter of a century later (gulp!) with all the negativity spreading with the combined challenges of the coronavirus pandemic, social upheaval, and poisonous political rhetoric that are going on in our country, it’s not just easier to be negative — it seems to have become an instinctive reaction as fear and anger take over our public discourse.

The subtle differences

Fear’s first cousin is anger. Both are nephews of negativity.

Negativity — saying “no” to almost everything — is actually the denial of reality based on a wish for some altered circumstances.

For example, although I appreciated the intent of Nancy Reagan’s “Just Say No” to drugs, her slogan would have been better if it had been “Just Say Yes” to being drug free. The difference is subtle, but telling.

The subtlety lies in how saying “yes” implies a course of positive action—even in the face of negativity—or the “oh, no!” whine. The predictable expletive, “No!” can fill up our time and energy — simply because saying “no” is frequently a commitment to an unproductive struggle that reinforces helplessness and inertia.

Misfortune can have a positive side

And, you know, you can even say “yes” to misfortune. Think about that! Considering how we will positively respond to problems is the prerequisite to overcoming bad things that occur so we can break down our challenges and move forward.

Here’s a hypothetical example that can be applied to a team — or anyone wanting to differentiate themselves from the herd: Let’s say that your marketing budget has been slashed, but your senior management still expects a ten percent growth in net new customers during the next year.

  1. The “No” approach: You say, “How do they expect us to achieve a ten percent growth, when they have slashed our budget? It’s not fair!”
    1. Approach number 1 can lead to an unproductive – yes, whiny – group discussion. Hand-wringing gripe sessions abound where everyone agrees that you’ve received a raw deal — and, no, we shouldn’t have to deal with this!
      1. Would you agree that this approach is a total waste of time?
    2. The “Yes” approach: You say, “OK, team, here’s the situation. Considering the new budget constraints, what efficiencies in operation and innovative approaches could we take as a team to meet the growth goals — even though they’ll be challenging?”
      1. Approach number 2 recognizes that there is a big challenge here. The team needs to harness their creativity and be problem solvers instead of negative whiners.

Let’s consider the outcomes:

With the “no” approach, your team leader might be persuaded to go complain to senior management. The results could be that you are either (1) fired — or targeted for layoffs; or, (2) told to do it anyway.

In the latter case, what was accomplished by giving in to the negativity?

The “yes” approach, on the other hand, provides the team a jump-start in solving the problem. It tends to harness a crowd-sourced approach where the results typically exceed the sum of the constituent parts.

People thrive on challenges, and teams who say “yes” are usually the winners who never whine.

Being Reasonable During Challenging Times

Being Reasonable During Challenging Times

Difficult times can bring out the worst in people. Today, we’re going to talk about the importance of simply being reasonable.

Reasonable is such a bland word, yet such an important word during these times. Reasonable doesn’t mean I have to agree with everything that you say. Reasonable does not have to mean that I surrender everything that’s important to me or my positions or my rights. 

Reasonable does mean that I’m willing to listen; that I’m not going to act irrationally; and that I am I’m going to proceed in a manner that is safe.

Watch Daily Distinction LIVE every day at 3:00 PM ET/noon PT on:

Visit Distinction Nation to sign up for FREE distinction resources including a 14-day audio program on creating personal distinction.