Posts Tagged ‘mission’
The Power Of Scarcity
Demand for anything is always greater when supply is limited. People want what they can’t have, and so scarcity creates value. Scarcity is not just about managing the availability of resources and limiting supply—it can be the foundation of a successful business model. When Howard Schultz expanded Starbucks, he knew that it was the feeling…
Read MoreThe Number That Matters
Every so often I look at the list of readers who have subscribed to my blog but have stopped opening the emails they signed up to receive. When I see that they’re no longer interested, I unsubscribe them. I’ve personally done this almost 10,000 times over the past seven years. It’s harder than you think…
Read MoreBetter Than Before
Our plumber, Evan, spends every minute of his day solving problems. There are no breaks to check email or to see who’s commented on Facebook. He’s too busy working things out, wondering where the source of the problem is or deciding how he might make the repair more robust than what was originally installed. Evan…
Read MorePermission To Be Impractical
Back in 1984, it wasn’t practical for Richard Branson to think he could launch a better airline with just one secondhand Boeing 747. And yet, that’s is exactly what he did. It would have been more practical for James Dyson to give up after the fifth attempt to invent the best vacuum cleaner in the…
Read MoreHow Are You Putting The Customer At The Centre?
At every strategy meeting, in every company boardroom and entrepreneurial hub around the globe, you will hear some version of the requirement to ‘put the customer at the centre’ in everything we do. These words are easy to preach from on high and harder (but not impossible), to implement at a grassroots level. The key…
Read More21 Questions For Creators And Innovators
Ideas are easy and free, execution can be painful and costly. Not just because it requires time, effort and resources—but because we often don’t do enough groundwork to get clear about the impact we hope to create. While it’s important to plan for success and mitigate against failure, what’s equally worthwhile exploring is why the…
Read MoreIn Praise Of The Ordinary
We devote a lot of resources to creating the momentous. Dressing the window for the big sales event, crafting the sales pitch for a product launch, planning the grand family celebration—those orchestrated events to remember, where we can shine. The truth is we have the potential to make the most impact in more ordinary moments.…
Read MoreYou Don’t Need To Compete When You Know Who You Are
Before globalisation, marketing, hair straighteners and the bullworker, our tribal ancestors and village businesses stood out by excelling at their craft. They became known for doing the thing other people in the village couldn’t or wouldn’t do. They were beloved for the way they went about their work. Not much has changed about how loyalty…
Read MoreChoose Delight Over Satisfaction
When a flight is delayed why are the passengers who quietly accept their fate and meal vouchers never the ones who get priority on the next available flight? Our instinct is to acknowledge and take care of the customer who complains the loudest. We work hardest to get the dissatisfied, those unlikely to become raving…
Read MoreThe Rise Of The Interested
It doesn’t seem that long ago since a customer would get personal service at a drapery shop even if she was only buying four buttons for the baby cardigan she’d made. A real conversation ensued and colours were carefully matched. By the time money changed hands the assistant knew who the cardigan was for, when…
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