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Who Captures Value In An AI World? | The Brainstorm EP 59
FYI - For Your Innovation
Prioritize Revenue Growth Over Cost Savings
Emphasizing revenue generation fosters sustainable growth and innovation, as opposed to the commoditization that often arises from cost-saving strategies. In competitive markets, focusing solely on reducing costs leads to diminishing returns, where competitors will continually undercut one another, driving products to a commodity status. In contrast, prioritizing revenue generates unlimited upside potential and allows for varied competitive strategies, highlighting the need for businesses to shift from a cost-centric mentality to one that champions value creation through revenue enhancement.
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