How to Win podcast with Peep Laja

Speed's Advantage

12 snips
Jun 17, 2024
Peep Laja discusses the importance of speed as a competitive advantage in business. Topics include rapid decision-making, efficient market feedback, fostering a culture of speed within organizations, reducing waiting time, meeting reduction, and the significance of speed in kickboxing, military strategy, and business.
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ADVICE

Three Pillars To Increase Organizational Speed

  • Cut down waiting, decide faster, and increase speed of insights to accelerate your company.
  • Use rapid market research so you don't spend weeks building the wrong thing.
INSIGHT

Incumbents Lose To Faster Iterators

  • Fast-moving entrants (e.g., Chinese carmakers) treat products like consumer tech and iterate yearly.
  • Incumbents with slow multi-year cycles risk being outpaced by rapid upstarts.
ADVICE

Run Faster OODA Loops

  • Execute OODA loops faster than competitors to shape customer perception and lead markets.
  • Constantly innovate so copycats arrive when you're already exploiting the next idea.
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