The World's Best Book Summaries
Once you’ve figured out an offering that offers superior utility to the customer, you need to figure out how to price it. How much should you charge for your blue ocean strategy product? Blue Ocean Strategy recommends using the price corridor, a way to maximize the success of your strategy. What is a price corridor, and how does it depend on your business? Learn more here.
Blue Ocean Strategy ends with ten Red Ocean Traps that can deter you from creating blue oceans or that jeopardize your execution. These will be phrased as myths that are then debunked:
What is Blue Ocean Strategy? Learn the definition of blue ocean strategy and the meaning of creating blue oceans here.
What is a landing page MVP? How do you build one, and how do you use it to test your key lean startup assumptions? Learn all about landing page MVP’s here, directly from the pages of Lean Startup, with modern advice included.
Although there are thousands of successful companies and leaders, only a few ever really change the world. What makes these different from the rest? What’s the key to learning how to be an inspiring leader? Inspiring leaders start with WHY – the vision and mission behind their efforts. Starting with WHY yields benefits like a more inspired team, more loyal customers, and enduring long-term success. We’ll cover how to be an inspiring leader by looking at the difference between energy and charisma. Learn how to discover your WHY and communicate it through your organization and to the outside world.
Simon Sinek views trust as foundational in a successful business. What is Simon Sinek’s advice on building trust in the workplace? Is it important to trust your gut? We’ll cover Simon Sinek’s views on trust and examine why trust is integral to creating and maintaining a successful business.
What are some of the biggest leadership weaknesses? How can you avoid them to more effectively manage your company and increase its success? Leadership weaknesses range from being egotistical to being in denial, and almost all of the most common ones have to do with having a fixed mindset. Learn why even the biggest names in business fail when they demonstrate these leadership weaknesses.
How did Lou Gerstner of IBM turn the company around? What key factors made Lou Gerstner one of the most successful CEOs in the world? Lou Gerstner was the CEO of IBM from 1993 to 2002. He took over IBM at the request of the board of directors, who realized the company was in trouble, and turned the company around. We’ll cover the lessons Lou Gerstner can teach you about leadership and the most important qualities for a successful leader.
What can we learn from the ousted CEO of Scott Paper? How did Albert Dunlap’s fixed mindset hold his company back, and how can the rest of us avoid his mistakes? Albert Dunlap is the former executive of Scott Paper. He considered himself a hero and savior of struggling companies. We’ll briefly cover Albert Dunlap’s career at Scott Paper and examine why a fixed mindset is a bad quality in a leader. We’ll also look at the advantages of hiring with an eye for growth rather than talent.
How did Jack Welch of GE become one of the most successful CEOs in the world? What can we learn from Jack Welch’s growth mindset? Jack Welch was the chairman and CEO of General Electric from 1981 to 2001. His growth mindset helped increase the value of GE by 4,000%. We’ll cover the three lessons about leadership we can learn from Jack Welch of General Electric, and how these lessons are all tied to having a growth mindset.