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Showing posts with the label applaud

Just my thoughts #0323

Netflix initially started as a DVD rental service and grew, but it soon encountered a crisis with video streaming technology. Nevertheless, it wasn’t feasible to abruptly abandon the existing business and transition to a digital distribution model, highlighting the significant conflict involved! Video streaming technology is not a complementary service to DVD rental; rather, it serves as an alternative. When expanding or improving a business, it’s crucial to clearly understand the defining attributes of the target product or service. Burgers and french fries complement each other, while burgers and chicken sandwiches are substitutes. - Joseph’s “just my thoughts”

Just my thoughts #0307

A company is a setting where ordinary individuals come together to achieve remarkable accomplishments. Leaders don’t need to surpass every member in ability; instead, they must provide a vision of a vibrant and promising future. It is the leaders’ integrity and responsibility to applaud, motivate, and recognize their team’s contributions. - Joseph’s “just my thoughts”