Some common pitfalls to avoid when navigating various strategic approaches include: not aligning the strategy with the company's overall goals, not considering the external environment and market trends, not being flexible and adaptable to changes, and not involving all stakeholders in the strategic planning process. It's also crucial to avoid sticking to a strategy when it's clearly not working, and not reviewing and updating the strategy regularly.
We live in a business world that is in constant flux. But when you learn and understand the five str...
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