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1 Love Is Blind S8: Pods & Sober High Thoughts w/ Courtney Revolution & Meg 1:06:00
You’ll Succeed or Fail Based on Knowing Your Value Proposition
Manage episode 444391801 series 3257207
23andMe came on the scene as Time magazines “Invention of the Year” in 2008. The silicon valley DNA testing company went public with a $6B valuation in 2021. Now it’s worth $150M and sinking fast as the Board has resigned and the company appears directionless. What went wrong?
MOL Group in Hungary thought of itself as an oil & gas developer and retailer. But today it is doing wildly better, growing revenues and profits and is a leader in AI implementation despite being far from silicon valley operating in eastern Europe. What went right?
This podcast explains how the former relied on its invention – its Value Delivery System – to launch, but never developed an understanding of its customers and the value they were ready to pay for. Neat technology, but not developed in a way that offered real value for customers or those in health care. It never had a clear Value Proposition. MOL group redefined its business away from its Value Delivery System, developing a very clear Value Proposition, which it used to move quickly into adopting and implementing artificial intelligence for streamlined operations that delivered greater growth.
Your failure or success depends on having that clear Value Proposition to drive strategy and investment into new technologies for optimization and revenue growth. And this podcast goes further by describing how you can go from Value Proposition to action with a process for applying AI.
Thinking Points:
- Do you know your Value Proposition – and is it clearly stated for the whole organization to use as a guiding light?
- Are you sure your Value Proposition isn’t just a fancy description of you Value Delivery System?
- Are you ready to move forward with new technologies, like AI, because you clearly see how they add value to your customers (as well as yourself?)
- Are you committed to transitioning and enhancing your Value Delivery System with new tools like AI in order to remain relevant with customers and find new routes to higher revenues?
209 פרקים
Manage episode 444391801 series 3257207
23andMe came on the scene as Time magazines “Invention of the Year” in 2008. The silicon valley DNA testing company went public with a $6B valuation in 2021. Now it’s worth $150M and sinking fast as the Board has resigned and the company appears directionless. What went wrong?
MOL Group in Hungary thought of itself as an oil & gas developer and retailer. But today it is doing wildly better, growing revenues and profits and is a leader in AI implementation despite being far from silicon valley operating in eastern Europe. What went right?
This podcast explains how the former relied on its invention – its Value Delivery System – to launch, but never developed an understanding of its customers and the value they were ready to pay for. Neat technology, but not developed in a way that offered real value for customers or those in health care. It never had a clear Value Proposition. MOL group redefined its business away from its Value Delivery System, developing a very clear Value Proposition, which it used to move quickly into adopting and implementing artificial intelligence for streamlined operations that delivered greater growth.
Your failure or success depends on having that clear Value Proposition to drive strategy and investment into new technologies for optimization and revenue growth. And this podcast goes further by describing how you can go from Value Proposition to action with a process for applying AI.
Thinking Points:
- Do you know your Value Proposition – and is it clearly stated for the whole organization to use as a guiding light?
- Are you sure your Value Proposition isn’t just a fancy description of you Value Delivery System?
- Are you ready to move forward with new technologies, like AI, because you clearly see how they add value to your customers (as well as yourself?)
- Are you committed to transitioning and enhancing your Value Delivery System with new tools like AI in order to remain relevant with customers and find new routes to higher revenues?
209 פרקים
כל הפרקים
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1 Tesla – What Once Was Is No More 30:00
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1 Yes, Roe v Wade and Other Supreme Court Actions Do Affect Business 35:27
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1 GE & Boeing Catastrophes: Blame Them On Earnings-Focused Leaders 33:33
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1 Changes in DJIA Have Lessons for Us All 33:08
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1 Identifying and Planning with Trends 33:28
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1 Using Demographics to Make Better Decisions 32:22
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1 Lessons from the Tesla/Ford Partnership 30:12
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1 Demographics Impacts on Workplace Trends, Commercial Real Estate, and Banking 34:21
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1 Understanding Millenials and Gen Z To Predict Workplace Trends 33:12
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1 Semiconductors - linchpin for growth and conflict 32:09
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1 Fear is Everywhere – Overcome Your Fear to Grow 31:49
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1 Strategy and Unintended Consequences 32:03
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1 Trendcasting – How to Build Better Scenarios 33:32
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1 To Grow – Get Outside Your Box and Country, Then Think! 33:25
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1 Scenario Planning is Crucial To Success – Here’s How To Do It 34:12
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1 Electrification Changes Everything 29:59
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1 How To Hire For Growth In Challenging Times 31:59
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1 Yes, Chinese Demographics DO Make a Difference in How You Run a Business (or a State) 32:49
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1 ChatGPT – Why AI is Real, Valuable and Here To Stay 32:08
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1 Trends Drive Customer Needs – Are You Listening? 29:17
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1 Resolution 2023 – Be a Money Raiser!! 34:01
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1 From 2022 to 2023 – Time to GROW 33:19
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1 Forecasting for 2023 – Inflation, Interest Rates, and Home Values 30:24
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1 Why Gaming is the Future – And Crypto Is Not 38:13
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1 People Buy What They Want – So Quit Trying to Sell Them What They Don’t Want 33:16
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1 Strategic Pivots – Necessary and Evil 34:03
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1 Fantasy Money – Crypto, Disney and Twitter 32:35
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1 Who Challenges Your Thinking? Do You Need “Affirmative Action”? 36:22
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1 Is the Situation at Facebook As Bad As It Seems? 34:34
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1 Assumptions Bias - Don't Trust your Gut 32:55
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1 Defending and Extending Leads to Doom 31:58
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1 Trends vs Fads – How to Identify and Track 36:37
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1 Hurricane Ian – Do you believe in Global Warming and Climate Change 31:08
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1 Strategic Planning – Essential Now More Than Ever 33:04
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1 “God Save the King” - Does That Mean England, or the Federal Reserve? 34:44
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1 TRENDS: Ignore and Go Bankrupt Like Regal Cinemas – Build on Them To Create Fortunes Like Apple 31:35
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1 Water Shortages, Draughts, Floods – You Absolutely Must Do Scenario Planning 33:40
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1 The Next John Malone? Building a NewMedia Company in 2020s 1:05:27
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1 The Inflation Reduction Act is a Win for Small and Mid-sized Businesses 32:01
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1 Every Company Has To Think Like a Tech Company 29:36
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1 The Value of “Outside Eyes” on Your Business 32:40
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1 An Entrepreneurial Success in a Huge Market – Flying Leap Vineyards & Wines 35:34
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1 Why Can’t Anybody Do Anything About Climate Change? 30:39
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1 Elon Musk Says No – Now Nobody Wants Twitter 33:03
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1 Recession? Preparing for Every Eventuality 33:31
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1 Tesla & Ford – How To Grow, and Hide Your Mistakes 32:50
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1 Plan for the Future, not from the Past 30:52
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1 Stock Market May 2022 – Is the Sky Falling Chicken Little? 38:38
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1 Netflix: It's All About the Revenues - Why I'm a Fan 31:55
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1 Scenario Planning & Ukraine Invasion - Time to Change Your Globalization Trend Projection 29:56
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1 Why Twitter May Well Be Elon Musk’s Folly 30:20
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1 Closing CNN+ Was Really Dumb. And Netflix Isn’t Jeopardized 34:23
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1 Your Value Proposition Has More Opportunity Thank You Think 32:02
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1 Do You Know Your Customer Value Proposition? 33:07
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1 Successful Entrepreneurism Requires Identifying and Filling an Unmet Need 32:38
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1 Global Matters: Are Your Scenario Plans Up To Date? 31:23
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1 In the Grotu - Building on Trends to Grow a Start-up 35:25
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1 How Growth Trends Push Russia to Invade Ukraine, and How Unionization is NOT a New Trend 34:38
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1 Trends in the News: Growth of Podcasts and Immigration and the Fall of Inflation 31:54
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1 Facebook/META Sets Record for Most Investor Value Destruction in 1 Day. Why We are Bullish on Facebook/META 34:42
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1 Peloton, Work From Home, Immigration, Microsoft Gaming, Bitcoin - Today's Winners and Losers are Based on Understanding Pandemic Trends 32:15
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1 Why Trends are Driving Big Changes in Education - and Implications for Business 33:11
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1 Environmental Awareness Mega-Trend Part 3 - Future Opportunities in Autonomous Processes 28:56
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1 Environmental Awareness Mega-Trend Part 2 - Environmental, Social and Governance Investing 32:10
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1 Environmental Awareness Trend Part 1 - The impact of electric vehicles 33:59
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1 Don't Plan for 2022 - Plan for 2030 Then Start Implementing in 2022 30:24
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1 Every Company Needs Software - How Future Development is Changing 35:07
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1 Phantom Inflation - Analyze Trends Accurately to Avoid Big Mistakes 29:10
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1 Meta - What? Facebook is now Meta - and why Meta is big deal right now. 32:16
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1 GE and Sears Failed - and Why You Should Care 29:02
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1 Post-Pandemic: Separating Trends from Promotions 33:16
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1 Overcoming Your Obstacles to Growth - Managing Lock-in 31:52
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1 Strategic Planning is About Looking Externally and Finding Routes to Growth 34:45
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1 MEGATRENDS: How to Include Climate Change In Your Planning 30:01
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1 Even when you're on trend, success requires fulfilling unmet needs 37:06
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1 The implications of ONE BIG trend: Demographics 29:48
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1 It's Good to Feel Good About Sales 38:08
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1 Lessons Learned from America Leaving Afghanistan 29:39
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1 The Delta Variant is Not a Trend – But It Continues Accelerating Trends 29:38
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1 How to Sell in a World that Never Stops Changing - Special Interview with Frank Cespedes 41:36
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1 Netflix and Zoom – More Lessons from Market Leaders 36:25
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1 Branson Goes to Space – The Wonders of Blank Space 37:16
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1 7-8-2021: Trend or Fad? Knowing Which Could Make (Or Break) Your Business 38:35
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1 Will You Be the Next Jeff Bezos or Mark Zuckerberg? Meet Up-And-Comer Max Tornow 33:45
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1 6-16-2021 There’s Mushroom for Growth When You Focus Your Market 35:21
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1 The Business Trendsetter Podcast 6-2-2021: The Gig Economy is the Empowerment Economy 38:35
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1 5-27-2021 How Amazon Bought MGM for Free 38:35
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1 5-2-2021 You’re Living the Trends, So PLAN For Them 31:29
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1 4-16-2021 The 4 Megatrends for 2020-2030 12:11
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1 4-8-2021 Focus Your Resources on Growth Opportunities 35:59
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1 3-31-2021 Finding the Right Advisors and Coach for Your Business 29:41
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1 3-25-2021 Focus on Growth and Build on Trends to Create Value – Learn from the Success and Failure of General Electric 25:33
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1 3-18-2021 Overcome Perceptual BIAS and Fear of Risk to Be More Successful 25:45
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1 3-10-2021 Tie Current Events to Long-Term Trends So You Make Decisions to Grow 28:13
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1 3-3-2021 Pandemic Success Story – Pivoting to the Future at Crooked Tooth Brewery 35:07
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1 2-24-2021 Cryptocurrency – Trend or Fad? Knowing Which is Critical for Success 28:45
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1 2-17-2021 Innovation Success – Chase the Money Not the Technology 27:10
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1 2-9-2021: 4 Big Trends – Lessons from Super Bowl LV That Can Grow Your Business 26:35
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1 2-3-2021: GAMESTOP – Manage for the Long-Term, Follow Trends Rather Than Fads 27:59
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1 1-27-2021: The Death of IBM - How To Avoid Your Demise 26:22
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1 1-19-2021: From Research Invention to Commercialization – Friction and Obstacles 31:52
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1 1-12-2021: Planning and Executing for a Future of Growth 26:16
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1 1-5-2021: Don’t Plan for What You Know, Plan for What You DON’T Know 26:28
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1 12-29-2020: Your New Year’s Guide to THRIVING to the FUTURE 26:40
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1 12-22-20: Deserted Shopping Mall Turned Flourishing Farm - Turning Setbacks into Opportunities 25:41
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1 12-15-2020: Take a New Route and Drive Towards Your Customer 27:47
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1 12-8-2020: Want to Succeed? Put Yourself in Hsieh’s Shoes 26:46
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1 12-1-2020: Innovate to Save Lives - With Insulin Now CEO Mica Kinder 31:51
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1 11-24-2020: Pivot Your Business Toward 2021 25:30
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1 11-17-2020: The Essential Qualities of a Successful Entrepreneur 28:42
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1 11-11-2020: It’s in Your Control - Prepare for Failure or Prepare to Survive 26:29
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1 11-3-2020: Trends are the Entrepreneur's Compass to Innovation 27:18
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1 10-23-2020: Trends Will Always Outweigh the Government 26:46
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1 10-16-2020: The Future of Film - Beyond Overpriced Popcorn 25:30
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1 10-2-2020: Growing Opportunity AND High Risk in the Cannabis Industry 26:02
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1 9-25-2020: Don’t Bank on Your Bias - Acknowledge It and GROW PAST It 26:32
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1 9-18-20: Know Your Destination and Direction, or Go Nowhere Like Kraft-Heinz 25:55
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1 9-4-2020: Look to Tesla for Creating High Value Innovations 26:35
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1 8-28-2020: The Time is NOW to Embrace the Gig Economy 31:14
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1 8-21-2020: Make Your Innovations Out of this World! With Space Perspective Co-Founder Taber MacCallum 35:06
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1 8-14-2020: LEAD Your Business To Growth or Get Lost in the Mail 31:03
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1 8-7-2020: Disney’s Growth Stall Proves Why You Should Drop Outdated Traditions 35:29
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1 7-31-2020: Real Pivots Extend VALUE Not Capabilities 33:53
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1 7-24-2020: Failing Traditional Retailers MUST Innovate to Survive 32:30
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1 7-17-2020: Strategically Pivot to Offer What Your Customer REALLY Wants 30:37
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1 7-10-2020: How Innovative is Your Business? With Stackhouse Founder Ryan Egan 36:10
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1 7-3-2020: Your Business Should Go Where the Global Economy is Going 28:06
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1 6-30-2020: The Facebook Ad Boycott Proves Why You Should Follow Trends 14:14
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1 6-26-2020: Understand the TRUE Value to Innovate Your Business 33:41
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1 6-19-2020: Disruptive Innovation is the Key to Continuous Business Growth 34:28
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1 6-12-2020: Where to Take Your Business Post-COVID-19 29:16
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1 6-5-2020: Be Diverse, Be Inclusive, Be Open to Growth 29:29
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