How To Build A Business You Deserve

Key Transformation Stages, Based on Digital technology and social change from Hibert, M.

Pursue Adjacent Opportunities

www.forbes.com/sites/haydnshaughnessy/2013/01/04/the-rise-of-lean-and-why-it-matters

Move Forward Toyota-Kata Style

  1. Define the vision, aka your north star.
  2. Explore, learn & navigate to the best next Target Condition beyond the current known-unknown. Which gets you closer to the north start & expends your Knowledge Threshold.
  3. Iterate until you reach a desirable destination.
lean.org TK UNIFIED FIELD THEORY

Working Backwards With Clarity

Working backward to solve problems — Maurice Ashley

Redefine Business Boundaries

  1. Prepare your business model & boundaries. For example, the Business Model Canvas is a good starting point.
  2. Revisit it to apply Eliminate, Reduce, Raise & Create actions to scale value creating, delivering & capturing.
  3. Validate, Learn & Repeat.
  1. Focus on the intrinsic value in users’ terms. The Buyer Utility Map from the book is a good tool to keep you to stay on the right course.
  2. Disintermediation opportunities from digital transformation & automation.
www.blueoceanstrategy.com/tools/buyer-utility-map

Full Disclosure

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A Taiwanese lives in Silicon Valley since 2014 & has random opinions on some stuff. The opinions shared here are my own, not those of companies I work for.

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Sam Lin

Sam Lin

A Taiwanese lives in Silicon Valley since 2014 & has random opinions on some stuff. The opinions shared here are my own, not those of companies I work for.

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