Unleashing Leadership: Unlocking Greatness and Embracing Change

The Race to the Bottom - S7 E51


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Takeaways

  • The journey of building a business involves significant milestones.
  • Benchmarking against competitors can lead to a race to the bottom.
  • Consumers often overlook hidden costs in services they perceive as free.
  • True innovation comes from within the organization, not just cost-cutting.
  • Companies that focus solely on efficiencies may stifle creativity.

📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne


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🖥️ Ditch The Suits Website

🎙️ One Big Thing Podcast


Chapter Markers:

00:00 - Introduction to Business Growth and Challenges

02:08 - The Race to the Bottom in Business

04:57 - Innovation vs. Cost-Cutting in Competition

07:32 - Creating New Value in a Blue Ocean

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Unleashing Leadership: Unlocking Greatness and Embracing ChangeBy Travis Maus

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