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The 5 Habits of Mind that Self-Made Billionaires Possess

Leading Blog

They excel at optimizing within known systems. Imagine what Atari might have achieved if Steve Jobs had stayed there to develop the first mass market personal computer. Self-made billionaires effectively operate in a world of dualities—they seamlessly hold on to multiple ideas, multiple perspectives, and multiple scales.

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Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant. They look at 9 Building Blocks that form the business canvas. These are: Customer Segments – An organization serves one or several customer segments.

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Why Porter's Model No Longer Works

Harvard Business Review

Imagine that you wanted a new home theater system. Big had the dollars to buy the mass-market access to consumers back when mass media was the only way to reach an audience. Porter's value chain is well suited for this mass-market, cost-driven approach, where customers remain at the end of the value chain.

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Beyond Mass Customization

Harvard Business Review

Rather, they focus on markets (anonymous agglomerations of customers) rather than on any real, living, breathing individual customer. Most recognize that there are no truly mass markets any more. But we must go beyond looking at market segments and niches to embracing the truism that every customer is his own market.

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The Internet of Things Needs Design, Not Just Technology

Harvard Business Review

Their developers focus on meeting operational and environmental requirements, caring little about the physical appearance or user experience of a dashboard- or engine-compartment-mounted device that monitors vehicle data. Appoint a systems lead who understands design. The IoT is driving the next wave of business transformation.

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Is the Drone's Potential Being Shot Down Too Fast?

Harvard Business Review

While military-grade Predator drones can cost as much as $4 million, it''s already possible to buy one of a new generation of hobbyist aircraft — unmanned aircraft systems complete with cameras, GPS, infrared sensors, and microphones, all under the control of a smartphone or tablet — for less than $300.

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IBM at 100: How to Outlast Depression, War, and Competition

Harvard Business Review

IBM began as a computing and tabulation company, selling an array of products, including meat slicers, scales, employee time-keeping systems, and other goods. This innovation came to market in 1964 and quickly became a smash success, setting the standard for the industry and greatly expanding computer use around the globe.