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”
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...
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... See more