The Knowledge Project with Shane Parrish Proven Strategies to Accelerate Growth, Productivity and Profits with George Stalk, Jr.
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May 2, 2023 George Stalk, Jr., a business strategist and author of "Competing Against Time," shares revolutionary insights on harnessing time as a competitive advantage. He reveals how companies like Toyota thrive by reducing time variance, leading to market domination. Stalk emphasizes the value of aggressive strategies and corporate culture in achieving growth. With eye-opening examples, he illustrates how organizations can adapt and innovate faster than their rivals, ultimately transforming business strategy and competition into a nimble, opportunity-seizing endeavor.
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Know Your Costs
- Know your costs better than your competitors.
- This allows for strategic pricing and identifying truly profitable customers.
Prioritize Speed
- Deliver products/services faster than competitors.
- Faster delivery leads to faster growth and higher profitability.
Komatsu vs. Caterpillar
- Komatsu's company culture includes a sign that says "Encircle Caterpillar."
- This illustrates a culture focused on outmaneuvering a specific competitor.
