Curious & Cuirky

Tesla Slashes Prices, Familiar Surprises, Employee Value Proposition, Skills as the New Currency for Work and Innovation & Failure


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In this session, we discuss:  

 

*Why did Tesla slash its prices by up to 20% on its cars earlier this year? Why now? Pricing strategies are critical - especially when an industry is shifting. How much pricing leadership do you have?

 

*In his book, Hit Makers, The Science of Popularity in an Age of Distraction, author Derek Thompson recommends a strategy for creating hits by leveraging the principle of "familiar surprise." What will be some of the "familiar surprises" we'll be seeing this spring and summer, and most importantly, how can we leverage this same principle of a familiar surprise to create our own hits? Let's find out.  

 

*Some companies are still struggling to hire workers resulting in the current low Labor-Force Participation Rate. Can the solution be found in defining your Employee Value Proposition?  

 

*Skills as the new currency for work and accounting for the impact of generative AI.

 

*Innovation requires failures. Some may look at yesterday's SpaceX launch as a failure, but it isn't. It was a data success with an opportunity to learn the unknown.

 

Hosted by: Ravin Jesuthasan

Produced by: Tracylynne Williams

 

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Curious & CuirkyBy Caltech Executive Education

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