IResilience

  Learn everything about competitive advantage and strategic management with iresilence In life, be it in any field, it is always important for you to have a competitive advantage over your competitors in order to succeed in a task. To be able to gain a competitive advantage over your competitor means to basically win the competition and toppling your competitor out of the race to success. To achieve this, another important aspect the person should be fully in charge of is strategic management. In simple words, he should know how to tactfully assign his resources to attain success. Let’s take a look at both the qualities mentioned above. First, let us take a look at a competitive advantage. In simple terms, competitive advantage means being in an advantageous position over your competitors in the market. It means being in a position of a trait or asset that gives you an upper hand over your other competitors in the market and places you in a position higher than them on the chart of