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Showing posts with the label vision

What Matters Now

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Sitting in the train I had time to read 'What Matters Now' . I loved it. It's a very inspiring read. A great way to tap into the minds of great people. And all that for free! All contributors were asked to write a one-pager about a word. E.g. Power, Harmony, Compassion. Here's some of the parts I enjoyed most: Vision is the lifeblood of any organization. It is what keeps it moving forward. It provides meaning to the day-to-day challenges and setbacks that make up the rumble and tumble of real life. -- Michael Hyatt (This relates nicely to my post about Vision vs Scale .) The One Percenters are often hidden in the crevices of niches, yet they are the roots of word of mouth. This year, your job is to find them and attract them. -- Jackie Huba & Ben McConnell Peer production, open source, crowdsourcing, DIY and UGC - all these digital phenomena are starting to play out in the world of atoms, too. The Web was just the proof of concept. Now the revolu...

Scale or Vision

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I've been wanting to share a thought with you for some time now. Here goes! Every now and then (too often in my opinion) you hear managers of companies say: "We need scale, we need to expand to be profitable." This remark leads to a new acquisition (sales channel e.g.) or a merger. This statement puzzles me. I understand what it says, but I tend to disagree with it. It sounds like: The Bigger the Better. We all know and experience this doesn't have to be true. It can be true. This statement simply implies that it is true. Or am I mistaken? Is this a statement that is economically and logically correct? Please tell me if I'm wrong. So, I disagree with this statement (for now). And I think it tends to mask an underlying problem. Talking about scale moves a company away from thinking about vision. Why does our company exist? What are we good at? Who are our competitors? What do we want to be good at? Etc. When you have a sound vision, you can define a roadma...