anitsh / til

Today I Learn (til) - Github `Issues` used as daily learning management system for taking notes and storing resource links.
https://anitshrestha.com.np
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Strategy Doesn’t Have to Be Complicated #1138

Open anitsh opened 8 months ago

anitsh commented 8 months ago

https://hbr.org/podcast/2023/10/the-strategy-mistake-too-many-startups-make

What’s your company’s value proposition?

Before focusing on customer acquisition, focus on product development.

Increase willingness to pay. Decrease willingness to sell.


Strategy does not have to be complicated if we focus on the values.

2 Key value drivers - Customer Satisfaction and Employee Value Satisfaction

The way the company plans to create value, that is the strategy of the company.

Value is the difference between willingness to pay and willingness to sell.

In the end, how profitable the organization reflects the overall value creation.