Posts Tagged ‘intangible value’
Efficiency, Quality, Value And Soul
A new public hospital is opening in Perth this week and along with cutting edge medical facilities patients can expect a state-of-the-art “free-roaming food delivery robots”. Our local newspaper reported that, “The 300kg AGVs will deliver up to 2200 meals a day, directly to wards without human intervention, once they leave the kitchen.” The theory…
Read MoreHow Are You Creating Value?
Think about your favourite airline or a product you use every day and the supermarket you feel most comfortable shopping at. Now think about why you keep going back. What is it that this business delivers? The airline most likely sells similar seats, with average legroom, at around the same price as their competitors. The…
Read MoreHow Great Products Are Born, Not Made
When you’re designing a product or service it’s easy to believe that making it the best in the world is what gives you a competitive advantage. But the thing about ‘best’ is that it’s subjective. ‘Best’ isn’t determined by you, it’s your customers and users who decide. The truth is that people don’t fall in…
Read MorePlay To Your Strengths
If you look hard enough at what’s going right (and sometimes wrong) in a business there are always lessons to be learned. Take the story of Tom the decorator who built a great business over many years, then suddenly seemed to lose his way. Part two of that story explains why Tom succeeded in the…
Read MoreLessons In Brand Storytelling From The Airbnb Rebrand
I have to be honest, as an Airbnb evangelist and user I felt a little disappointed as I watched the company’s relaunch unfold. Of course I wasn’t viewing the whole thing through the eyes of an impartial observer. Anyone who is an early adopter of something that begins on the fringes wants that thing to…
Read MoreAre You Using Soft Data To Create Value?
It seems like a no brainer to suppose that local businesses like a cafes, dry cleaners or dental surgeries—the kinds of businesses that serve the same customers week in week out, where the staff have the opportunity to look their customers in the eye, would take advantage of the fact that they look their customers…
Read MoreShifting The Focus From Results To Relationships
There’s a problem with how performance is measured by both ourselves and in our organisations. Typically you have a budget and targets to achieve. The purpose of the budget is to make sales go up, or waiting times go down. Our systems are designed to judge and reward us on results. If the campaign you…
Read MoreThere’s More Than One Way To Tell Your Story
In 2004 Chanel paid $33 million for the production of a two minute film which became the most expensive advert ever made. In a post GFC economy that figure seems shocking, but Chanel is one of the most valuable global brands. They have the marketing budget and they’re not afraid to use it. Dropbox was…
Read MoreStop Selling Stuff, Start Selling Stories
David is a genius who happens to sell for a living. I watched him sell a $150 pair of Ugg boots to a woman who had been killing time wandering through his souvenir shop with no big agenda one wet Friday afternoon. He began, not as many salespeople would, by asking what she was looking…
Read MoreTapping Into Empathy
Wherever you are right now stop what you’re doing and listen to the people and the conversations going on all around you. I’ve been working in public places a lot recently and here’s what I’ve found. Nobody is listening to anybody—not really. They’re pretending to listen while they wait for their turn to speak, but…
Read More