In today's economy, which strategies are effective, and which would you employ to gain a competitive advantage in the market? Developing a clear strategic vision: A well-defined vision provides a roadmap for the organization to achieve its goals. Identifying key success factors: Key success factors are the critical elements an organization needs to succeed in the market. Developing unique capabilities: Unique capabilities are those skills or resources that are difficult for competitors to imitate. Being agile and adaptive: The market constantly changes, and organizations that adapt quickly to new opportunities and threats can gain a competitive advantage