Business Value:

Phil Holberton

Phil Holberton

Dedicated to helping you achieve your maximum potential

Reading Time: < 1 minutes

Many companies are currently engaged in year-end planning and too many plans are not much more than “how can we do more next year?”

This can happen when companies are enjoying success and assume, without much reflection or analysis as to why.   As we often say at #Vistage meetings,   “the second-worst thing that can happen to a company is success” because we take that success for granted and assume, often incorrectly that we understand its source, instead of asking whether we’ve been lucky or smart. 

To help us discern what our customers really value,  these two HBR articles offer a process to check our thinking.  The first “The Elements of Value” offers research from Bain and Company in the form of a compelling visual pyramid of value that puts you in the mind of Maslow’s Hierarchy of Needs.”

Have your team review these elements and see if you agree on what your value proposition is. This first link is for B2C companies.

HBR offered a follow-up “The B2B Elements of Value” article that brings the same analysis to bear on B2B issues.   

Check it out to be sure what business you’re REALLY in. 

 

 

 

 

 

Contact us Today
CATEGORIES: CEO, Competition, Decision Making, Discipline


Set the Tone for a Successful Career

Don't let your title dictate your strategy. Rather, use these 7 steps for a smooth transition and to succeed in the most important period of your employment: your first 90 days.

As a new manager or leader, you have your work cut out for you but it's important to slow down and be strategic. Many careers get sidetracked during the first 90 to 180 days because the entry was too fast. Follow the advice in this free white paper to set the tone during your onboarding and to set yourself up for success.

Thank you for your interest! Check your inbox to confirm your subscription and receive your free white paper.