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business strategy
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Daily Alchemy: a question to think on together
“When a business grows fast, what is the first good thing it usually loses?”
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The Relateful Company should embrace more job titles
We’re under-appreciating orange. We’ve included the green critiques, like the classic: "What gets measured gets managed — even when it’s pointless to measure and manage it, and even if it harms the purpose of the organisation to do so" - V. F.... "You know, there are 13 ways of doing anything. 11 of them will work. Just pick one and do it.”
Dennis Hightower, who at the time was head of Disney International. He asked me why I wasn’t doing something, and I responded by explaining the pros and cons of two different ways of doing it. Thoughtfully, he replied “You know, there are 13 ways of doing anything.... - Paulleverich...
Introduction to who I am
My name is Paul Leverich. I’ve lived enough life to know that most people only show you the highlight reel. The clean parts. The filtered parts. The “I’ve got it all together” parts. That’s never been me.... I think I agree with the spirit of what you're saying. I just want to add that it's possible to frame creative thinking as the "explore" side of the explore/exploit dynamic. And by its nature, exploring is going to appear less worthwhile than exploiting by most metrics.... interesting, took me until the 14m to understand the connection here. The non-profit can decide to end/"compost" the company and transform the whole thing to a time limited foundation. And also creating an ecology of orgs in connection with each other.... New Focus on Useful Tools Over Super Intelligence
Energy demands add another limit. Running large AI systems uses huge amounts of electricity. Data centers already consume large shares of power in some regions. Companies must solve power and grid issues or face higher costs and delays.... Thanks, Ralf. Yes, understanding the customer's current needs, goals, and constraints is the key to driving explosive sales growth. Salespeople and companies, for that matter, that trust" how we have always done things around here " struggle while acquiring the skill to sense the... - elery...
Evolution or Extinction
Today is Charles Darwin's birthday. It has me thinking about his core idea of "survival of the fittest" and how the concept is frequently misused in business. Fittest does not mean strength. It means the most resilient and adaptable in a particular environment or ecosystem.... I love how Eric keeps referencing mainstream examples like Vanguard and Novo Nordisk and Costco, so many organizational ideas blanket exclude big companies (often with the exception of Patagonia, lol) just because they're big.... yes! I just shared this with the team, but I was delighted to hear a seemingly mainstream VC guy talk about this on a podcast. What I love about this is that he makes the case that Facebook's obsessive measuring of growth is (a) short term thinking and hurts their long term... WeightWatchers
I feel sad about this: The body positivity movement, + ozempic (and other GLP-1 weight loss drugs) + the pandemic (WeightWatchers apparently was built on in-person support groups) meant that WeightWatchers went from $1.5 billion in revenue in 2018 to $770 million for this year.... Thank you for clarifying. Seems like (a big?) part of what your describing involves anticipating 2nd-order effects.