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The Peril of Ignoring Value, Price, or People
Manage episode 462414572 series 3522234
Вміст надано Travis Maus. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Travis Maus або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Takeaways
- The full picture in business often goes beyond just stats.
- Value, price, and people are interconnected in business strategy.
- Misjudging value can lead to operating in a competitive 'red ocean'.
- Pricing is the most forgiving aspect of business strategy.
- Focusing on people can drive value creation.
- Innovation is essential for differentiation in the market.
- Understanding market needs is crucial for setting the right price.
- A strong team culture enhances overall business performance.
- Trial and error is a natural part of pricing strategy.
- Value is determined by the intersection of needs and costs.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Sponsors
🌱 S.E.E.D. Planning Group - https://www.seedpg.com/
🎙️ Ditch The Suits Podcast - https://www.ditchthesuits.com/
💻 NQR Media - https://www.nqrmedia.com/
🎙️ Cut Throat College Planning Podcast - https://www.nqrmedia.com/ctcp/cut-throat-college-planning
🎓 College Prep Bootcamp - https://www.sohteam.org/college-prep-bootcamp
🎙️ One Big Thing Podcast - https://www.nqrmedia.com/one-big-thing
Chapter Markers:
00:00 - The Importance of the Big Picture in Business
00:59 - Introduction to Blue Ocean Strategy
01:58 - Understanding Value, Price, and People
04:03 - The Consequences of Misjudging Value
05:58 - Navigating Pricing Challenges
07:52 - The Role of People in Creating Value
332 епізодів
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