What are the Challenges in Achieving Differentiation?
Achieving differentiation is not without its challenges. Some common obstacles include:
Resource Constraints: Limited resources can hinder innovation and the ability to implement differentiation strategies. Resistance to Change: Organizational inertia and resistance to change can impede efforts to differentiate. Market Dynamics: Rapid changes in market conditions can make it difficult to sustain differentiation over time. Competitor Actions: Competitors may quickly imitate successful differentiation strategies, reducing their effectiveness.