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pricing would increasingly become a matter of fixed-price…

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They began with that strategy from day one: All successful low-price companies focused on low prices and high volumes from the very beginning. In many cases, they created radically new business model

Modern global corporations are the embodiment of Orange Organizations.

To layer your own insights on top of market data is always incredibly valuable. For instance, if a market does not have a current leader, this means there’s room for a newer startup to take over. After doing 20 minutes of research through my school’s database, I found out that there’s no real Uber or Seamless of edtech and the market is considered

The health of a single business, and the health of the aggregation of all businesses, should not be measured by “growth” in revenue, or in profits, or even in capital, but in the ratio of profits to capital. The rate of return.

Early in his career, Porter identified a set of generic strategies—focus, differentiation, and cost leadership—that quickly became one of the most widely used tools for thinking about key strategic choices. Each of the three reflects the most basic level of consistency that every effective strategy must have. Focus refers to the breadth or narrowne

macro: the ability to give an overview of the landscape, including the biggest risks; and 2) micro: deep granular knowledge of all key competitors.