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Exploring the ‘Be Well, Lead Well Pulse Assessment’ A conversation with Renee Moorefield about developing her IP from years of research and scaling it for leaders, teams, and organizations. Wisdom Works is now scaling its impact by working with global organizations, especially in the food and consumer goods industries.
They have massive amounts of currency (cash and stock); huge storehouses of customer information; and cloud computing resources that make them low-cost providers in any digital endeavor. A virtuous cycle is baked into their strategy: use these resources to achieve scale in ways that help achieve even more scale.
Vistaprint disrupted local printing shops by offering web-based design and ordering and centralized production, using economies of scale to dramatically reduce costs. Amazon’s Jeff Bezos recommends looking for opportunities to convert capital and fixed expenses into variablecosts. Keep the product general.
Bharti's innovative business model converted fixed costs in capital expenditure to a variablecost based on usage of capacity. Through the outsourcing arrangements, Bharti dramatically lowered its costs while ensuring high quality for customers, since vendors had world-class competencies in their domains.
Cloud service providers are increasingly proxies for utilities — they require 100% uptime, significant quantities of their own power, and predictable variablecost (which for renewables is nearly zero). Sales/Becoming the Vendor of Choice.
per month per subscriber, and three movie tickets costs nearly $30, on average, meaning it’s losing nearly $20 per month per subscriber on a variablecost basis. This is a problem that scale (meaning more subscribers) cannot solve. Ticket sales don’t cover the costs of operating a theater.)
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