Unique business strategy

You know finding a breakthrough strategy is about finding innovative answers to one of three questions – or combinations of all three. The three questions are; ‘Who?’ (a targeted customer with a distinct need), What?’ (a superior offer to meet the need) and ‘How?’ (a means of delivering the product or service distinctively and effectively) - W-H-W for short!

I was speaking to a friend the other day. He told me about someone he had met in the road maintenance business. My ears immediately pricked up because I think the state of British roads is on the whole deplorable. Anyway as I listened W-H-W shot into my mind’s eye. He explained that this man had a global patent on a process for road repair.

The process, he told me, is that you melt the tarmac, with a special machine so that any cracks are meshed together and holes filled in. What a great idea! Far better than piece meal road maintenance where someone goes out fills in a hole or goes out and re surfaces a whole section - something that could take days.

This means real savings in road repair, so important to county councils right now. It also means faster repairs, fewer traffic jams and all that brings. Surely here we have something that is more productive and effective!

The solution tackles the question ‘How’ does it not? Apparently the the technology is in place and a breakthrough strategy ready! I bet this didn’t originate from  S.W.O.T analysis.

More soon

So what did he do???

Andrew Cook took advantage of harsh conditions to provide precisely what customer’s wanted – a fast service and even more affordable quality product! His improvements saved customers money, which naturally increased demand for his product.

When others saw what he had achieved, they changed too, but it was too late. They sought to catch up and triggered intense battles in a long-lasting… but that’s another issue.

What an outstanding story! But what is the worth of its telling? True, times are tough, I’m deeply conscious of this. But it seems to me that Andrew Cook provides us with insights into how to manage in such times: concentrate on the core business, customers and value-differentiating activities and above all a means of doing this efficiently!

Whatever else, we can be sure that Andrew Cook acted with tremendous tenacity and courage to save his company and give it primacy in his industry. His actions reflect capabilities not often mentioned in boardrooms or training rooms – the hidden hallmarks of persistence, determination and sincerity of action, which are often overlooked when eager imitators review pioneers’ strategic innovations and successes. 

Cook himself said: “Press on. Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts.”

But are the great qualities of persistence and determination alone omnipotent? I think not, even though they are the stuff of legend.

By for now

Andy