Business strategy with Hamilton Helmer (author of 7 Powers)
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Business strategy with Hamilton Helmer (author of 7 Powers)
Strategy strategy value Strategy Dynamics Strategy Statics industry business market Description Strategy (with a Capital S) is the intellectual discipline sometimes called Strategic Management. I define it: the study of the fundamental determinants of potential business value.
The set of conditions needed for persistent differential returns. Power r
... See moreHamilton Helmer • 7 Powers: The Foundations of Business Strategy
In our discussion of Power, I have been careful to characterize it as creating a potential for value, but this potential can only be realized when coupled with operational excellence. Netflix’s plummet in 2011 was the result of operational errors.19 Though the period proved painful, their strategy still remained valid, and their Power intact, so th
... See moreHamilton Helmer • 7 Powers: The Foundations of Business Strategy
There are two necessary and sufficient conditions for power. There's a benefit. You've got to come up with something that's better than what other competitors do, but better for you as a business model.
David Rosenthal • 7 Powers with Hamilton Helmer | Acquired Podcast
What you can do (your skills) 3. Who you know (your network) 4. What you have (your resources) 5. What the world thinks of you (your reputation)