The Role Of Strategic Vigilance In Mitigating Challenges Faced By Startups: A Study Of High-growth Startups

Abstract

This study aims to examine the capacity of startups to achieve success by employing strategic vigilance and monitoring of opportunities and threats. By examining the specific challenges faced by high-growth startups, the study unveils how strategic vigilance acts as a safeguard. It explores how actively monitoring market shifts, competitor actions, and internal inefficiencies equips startups to adapt and innovate, minimizing the impact of disruptive forces. Furthermore, the research investigates the various tools and techniques that high-growth startups can leverage to cultivate a culture of strategic vigilance, fostering a proactive mindset within the organization. Ultimately, this study underscores the significance of strategic vigilance as a cornerstone for mitigating the inherent risks associated with the startup journey. By equipping themselves with the necessary foresight and adaptability, high-growth startups can navigate the turbulent entrepreneurial landscape with greater confidence, paving the way for long-term success