BCG suggests there are five strategic approaches to consider, and each is “optimal in different situations” whilst "each requires entirely different capabilities, processes, and tools.” They are:
1. The Classical Approach which is appropriate when operating in “environments with low unpredictability and low malleability”
I remember 2015 or so, Jeff Bezos came on stage and said that this sort of way of doing grocery shopping doesn't seem like it's the right solution. And the whole team was like, shit, Jeff Bezos saying this. But actually, in our model, the marketplace model was superior to our first-party fully integrated model for various reasons. And our first pri... See more
FRAMEWORKS v0.2 Many of the thoughts in this document draw on and synthesize concepts from economics, math, physics, chemistry, biology, and psychology. Here are a handful of core concepts that are often relied on as inputs: Activation energy Behavioral economics Cognitive biases Darwinism En...
Critical Systems Thinking uses various systems thinking approaches to generate multiple partial perspectives that may be useful in making strategic choices when faced with a problem or opportunity - choices that are likely to put value creation at risk or create added value.
It also uses a multi-disciplinary approach, to benefit from the generating ... See more