Strategies for sustainable growth in competitive environments

Thomas Mandelman and Claudia Navas

Environmental Research and Ecotoxicity, 2022, vol. 1, 20-20

Abstract: Introduction: In a dynamic and competitive business context, the importance of applying strategic concepts to strengthen organisational sustainability and growth was analysed. Through a case study, a theoretical framework was established based on four essential pillars: strategic planning, product development, competitive differentiation and customer loyalty. These elements were considered fundamental to guide managerial decisions that would positively impact the company's profitability and positioning. Development: Strategic planning was presented as the central tool for defining priority objectives and outlining effective courses of action. According to various authors, it facilitated adaptation to the changing environment and improved decision-making. Secondly, the growth strategy of product development was addressed, which sought to satisfy new market needs through innovation, as demonstrated by Apple's portfolio. The competitive differentiation strategy, on the other hand, offered a key advantage by highlighting unique product or service attributes. Finally, customer loyalty was further explored, highlighting its role in building lasting relationships and reducing operating costs. Conclusion: It was concluded that the integration of these strategies allowed transforming weaknesses into strengths, generating added value and consolidating customer loyalty. Overall, it was evident that these practices contributed to the positioning of the company and to sustainable and competitive growth.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:dbk:enviro:2022v1a12

DOI: 10.56294/ere202220

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