Episode 390

Thinking Won't Work, Blast Your Way In - S7 E57

Takeaways

  • The four actions framework is useful but needs adaptation.
  • Creativity is essential in creating unique market offerings.
  • Understanding the difference between industry and marketplace is crucial.
  • Execution of strategic frameworks can be challenging in practice.
  • The Blue Ocean Strategy encourages looking beyond direct competition.

📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne


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Chapter Markers:

00:00 - Frameworks and Perspectives in Business Strategy

02:57 - Applying the Blue Ocean Strategy

06:07 - The Role of Creativity in Market Positioning

09:11 - Challenges in Implementing Strategic Frameworks

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Travis Maus

Travis Maus is the Chief Executive Officer of S.E.E.D. Planning Group is a fee-only financial planning firm with over 30 employees and locations in New York and Tennessee.

He hosts Unleashing Leadership and co-hosts the award-winning Ditch the Suits Podcast. Ditch the Suits aim is to help listeners get the most from their money and lives.

He is passionate, unfiltered, and committed to building great businesses.