Imagine you ran a business that virtually dominates the market. One day, you find out that a small start-up has somehow figured out a technology that lets your customers buy your product for 10% of your current price. Modern business strategy instantly focuses us on how to protect our businesses from competitors. Our instant urge […]Read more "Disruptors Don’t Play By the Rules"
When you are an established player in your industry and a new competitor emerges, the first natural reaction is to ignore them, but at the same time, keep a close watch from the corner of your eye to see what they’re up to. But what if that competitor accumulates 700,000 new customers within their first […]Read more "What’s Stopping Us From Changing Faster?"
I recently dialed into a conference call in which we were trying to solve a business problem. It was supposed to be a 30-minute call with four other people. After I entered my conference access code, the system announced me as the 14th caller to join the conference. At first, I thought I misdialed and […]Read more "Want results? Think Small"
A few weeks ago, Amazon CEO Jeff Bezos gave a talk at one of his children’s elementary school. The talk, titled “dream big” was live-tweeted by Zillow CEO, Spencer Rascoff, whose kids also attend the same school. One of Rascoff’s tweets that particularly caught my eye was where Bezos describes what it takes to be […]Read more "Focused on Beating your Competition? Think Again."