Predicting the future Vs leading edge of current

fortune tell

The future prediction business has so far failed to find a sustainable business model, apart from the fun stuff in the tent with the funny lady with the cards and crystal ball.

About the only serious people who still profess to be able to predict the future with any accuracy are politicians, and we all know how  that usually turns out. The rest of us set about controlling what we can control, and preparing for  the unexpected from the things we cannot.

By contrast, with some effort, staying on the leading edge is possible for all enterprises. Information is now so freely available, and consulting services whose stock in trade is “leading edge” whatever you want, so ubiquitous, you can stay in front of most if not all of your competition, and be aware of changes occurring so you are in the best position to leverage them.

Small and medium sized companies are best placed in this game of staying current, should they be prepared to make the commitment to do so.

Smaller companies can try stuff out, see if it adds value, and deploy in the time that their larger competitors take to organise the conference call to test if there may be a good idea in here somewhere.  The only hurdle is that it does consume scarce resources, but when you see that consumption as an investment, the payoff can be huge.

In the marketing space, my hometown, the cost of testing has fallen so dramatically over the last decade that there is no longer any valid excuse not to be testing extensively.

So get on with it, apart from being strategically and competitively sensible, being at the front is where the fun is.

 

 

 

About strategyaudit

StrategyAudit is a boutique strategy and marketing consultancy concentrating on the challenges of the medium sized manufacturing businesses that make up the backbone of our economy. The particular focus is on their strategic and marketing development. as well as the business and operational efficiency improvements necessary for day to day commercial survival. We not only give advice, we go down "into the weeds" to ensure and enable implementation.
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