The Blue Ocean Strategy is about breaking out of the cutthroat competition by creating new market spaces, or “blue oceans,” ripe for growth. W. Chan Kim and Renée Mauborgne argue that companies should seek untapped markets where they can innovate without the threat of rivals instead of battling over a shrinking profit pool in crowded […]
Words Into Works #117 | The Two Pizza Rule
The Two Pizza Rule, popularized by Amazon’s founder Jeff Bezos, is a simple yet powerful concept that enhances team productivity and efficiency. The rule suggests that no team should be so large that it cannot be fed two pizzas. This concept, explored in depth in Brad Stone’s The Everything Store, chronicles Amazon’s rise and the […]
Words Into Works #116 | The Flywheel Effect
The Flywheel Effect is a compelling concept from Jim Collins’ influential bestselling business book Good to Great. The idea is a metaphor for the gradual build-up of momentum through persistent and consistent effort, leading to a tipping point where progress becomes self-sustaining and rapid. Collins uses the flywheel, a massive, heavy wheel, to symbolize the […]
Words Into Works #115 | The Compound Effect
The Compound Effect is a transformative principle explained by Darren Hardy in his influential book of the same name. This concept emphasizes the immense power of small, consistent actions accumulating over time to produce significant results. However, it’s not just about making major leaps. Rather, it’s about consistency and persistence in the daily incremental steps. […]
Words Into Works #114 | The Progress Principle
The Progress Principle, detailed by Teresa Amabile and Steven Kramer in their book of the same name, is a powerful concept that emphasizes the importance of making consistent progress in meaningful work. This principle emphasizes that making regular progress on important tasks is the most significant factor in enhancing motivation, positive emotions, and creativity at […]
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