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Insight

Markets shift quickly. CEOs must ensure their organisations remain externally focused, alert to competitors, customer behaviour, and emerging threats.

Key Strategies:

          1.       Monitor Market Trends – Track customer needs and industry shifts.

          2.       Analyse Competitive Moves – Understand rivals’ strategies.

          3.       Engage Key Customers – Stay close to decision-makers.

          4.       Encourage External Thinking – Reduce internal tunnel vision.

          5.       Adjust Strategy Proactively – Act before disruptions escalate.

CEO Leadership Actions

✅ Review market intelligence regularly.

✅ Meet key customers quarterly.

✅ Challenge assumptions in strategy reviews.

Actionable Tip

* Ask your team: “What competitor move should worry us most this year?”

Why This Matters?

Market awareness protects relevance and competitive advantage.

About the Author

Ernest De-Graft Egyir, CEO advisor, Thought Leader and Founding CEO of Chief Executives Network Ghana, convenes the Ghana CEO Summit and served on Ghana’s Economic Dialogue Planning Committee.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.