Built to Last
Problem-solving
Seize unexpected opportunities through experimentation
from Built to Last: Successful Habits of Visionary Companies by James C. Collins, Jerry L. Porras
How to Apply This
- Look for unusual variations in the customer base that could be beneficial.
Identify any potential opportunities that could arise from variations in the traditional customer base. - Act quickly and decisively to take advantage of the opportunity.
Experiment and test to see if the variation could be beneficial. - Make small changes to the corporate strategy.
Make small, incremental steps to shift the corporate strategy. - Observe the results.
Monitor the results of the experiment and adjust the strategy accordingly. - Continue to look for new opportunities.
Keep experimenting and testing to find new opportunities.
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