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Navigating Business Power Dynamics
In this chapter, the speakers explore the critical distinction between value creation and value capture in business, emphasizing the importance of understanding market dynamics and internal capabilities for successful expansion. They analyze various company examples, such as Uber and Netflix, to illustrate how leveraging existing strengths and navigating power structures are essential for entering new markets. The conversation also addresses the complexities of innovation within large companies, highlighting both opportunities and challenges when evolving business models.