At the core, strategy is about focus, and most complex organizations don’t focus their resources. Instead, they pursue multiple goals at once, not concentrating enough resources to achieve a breakthrough in any of them.
Why does luxury brand Balenciaga sell a $2,000 purse modeled after a $1 blue Ikea shopping bag? What’s behind the craze for seemingly distressed and worn-out Gucci sneakers? What is Sarah Jessica Parker doing rummaging through the dusty clothes in Rome’s Via Sannio flea market? Why is Cracco, a Michelin star–winning Italian chef, using commercial p... See more
It’s still early, but Sperduti thinks this will push brands even more toward what he calls a “progressive posture.” And something like this, he says, “just accelerates the trend tenfold.”
Every person now has a choice at any moment in time for how to entertain themselves and they're always going to go to the best option because it's one tap away on their phone