Value innovation is the backbone of the aspirational economy. When the economy based on manufacturing moved to producing culture, design, luxury, art and experiences, value innovation focused on taste, aesthetics, identity and one’s social standing
Summary: Size inclusivity is impeding Zara’s faster growth in the US market, a challenge that they are likely aware of. As of September 2021, Zara’s reported revenue is 11.84 BN euros in the first half of the year. This represents 49 percent YoY growth. Net profit for the same period was 1.27 BN euros. Zara’s estimated web sales are $5-$10BN, with ... See more
Google “smartest people in the world” and most of the results will be physicists, mathematicians, computer scientists, and chess masters. These are all difficult problems, but they are well-defined, and that makes it easy to rank people.
The year I generated the most wealth for myself was actually the year I worked the least hard and cared the least about the future. I was mostly doing things for the sheer fun of it. I was basically telling people, "I'm retired, I'm not working." Then, I had the time for whatever was my highest valued project in front of me. By doing things for the... See more