Episode 370
High Impacts That Cost Low Resources - S7 E37
Takeaways
- Hotspots are activities with high impact and low resource input.
- Coldspots require substantial resources but offer minimal value.
- Effective leaders innovate and address root causes of problems.
- Identifying coldspots can help reduce unnecessary expenses.
- Sometimes, it's better to cut off dysfunctional areas than to fix them.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Suggested Content
Chapter Markers:
00:00 Introduction to Unleashing Leadership
01:07 Understanding Hotspots and Coldspots
05:52 Identifying and Addressing Coldspots
09:22 Evaluating Business Processes and Resources
