Michael Porter popularized the idea and proposed generic strategies for organizations like Cost Leadership and Differentiation. Normally I’m not a fan of generic strategies as I don’t think they really lead to a sustainable advantage. IMHO most strategies should take such good use of your organizations talents, capabilities and resources that it should be virtually impossible to copy your strategy. In other words if you are worried about sharing your strategy with people because you think people might steel it, I’d suggest you find a new strategy.
Karl Long digital strategy strategy value creation co-creation platforms Web 2.0 communityIt's ten days to Christmas and we're already two days into Hanukkah, so I'm ready to call the season's retail sales:
The worst performing stores and brands will often evidence the "best" advertising, only the results won't be their fault. The best sales results will come from businesses that offered low prices, and they won't get credit for any marketing success. holidays Jonathan Salem Baskin retail selling marketing value creationLet me make a prediction, 10 of the top 100 most popular brands in 5 years time will be Social Enterprise Brands. What are they? They are a new form of organizations. We see more and more development of a mixed economy of companies coming together to further progress on social, economic & environmental well being. Expect to plenty of innovation where Social Technologies meet Social Enterprises.
Idris Mootee non profit social enterprise value creation business modelsLate last week, Warner Music Group fired nearly 40 people at Rhino Records, signaling it has all but given up on producing CDs. The flacks blathered and the stock analysts swooned, yet nobody mentioned that the company pretty much ceased to exist.
digital music Jonathan Salem Baskin music industry value creation Warner Music GroupThe title of this book caught my attention in a book store in Hong Kong. I didn't open or buy the book, just thought the title was funny. Meeting with a couple of friends here in Asia and the common topic is business is getting tougher and tougher. Out of the half-a-dozen people I've talked to you, all six of them are executing on business strategies that are not creating value in the long term.
value creation strategy Idris Mootee change business modelsby: Jennifer Rice
I was recently interviewed for Gennefer Snowfield’s Philanthropy In 5 series at TriplePundit.com on the subject of values-based business and aligning philanthropy with strategy. The article just ran today, and I’ll republish my responses here.
1. How do you define for-profit philanthropy?
charity sustainability CSR Jennifer Rice business value creationby: Sigurd Rinde
New ventures, start ups, whatever you call them are unique and extremely important to us all: Every company, every commercial value-adder, the core of wealth creation, started up once. And it would be safe to assume that much of the shareholder's wealth is created in the early growth phase.
risk investments exit strategy Sigurd Rinde venture capital value creation startupsby: Idris Mootee
It is probably fair to say that at least half of the Fortune 500s today are operating on an obsolete business model. Technology disruption and business model innovation have shortened the life of many once great firms. The financial crises simply accelerate the pace of destruction. There’s a lot of myth about business model transformation let alone the definition of a business model.
business models India Idris Mootee value creation social enterprise entrepreneurship collaborationby: Karl Long
So what does Bernie Madoff’s Ponzie Scheme, the financial services industry, the housing market, and Facebook have in common? They all look(ed) very attractive as they were/are growing, in other words rapid growth can obscure real value, as long as there is continued growth.
value creation social media predictions business models Karl Long