strategy

The perfect pricing model doesn’t exist - by Matt Hodges You’ll never be done … At the end of the day, there’s no silver bullet when it comes to pricing. There are just many things you can and should probably test. Be ready to make trade-offs – whether that’s knowingly leaving money on the table or being OK with fewer customers who pay you more. Make peace with the fact that your pricing will never be perfect....

Sharing more widely something that came up in a sketching session — a simple mnemonic for coming up with small / recurrent actions and avoid ending with generic goals that aren’t actionable: Tip Ask “how?” repeatedly until it it becomes silly 🙂 For example, if the initial thing I come up with is… Understand better the inner working of this particular thing Asking “how?” makes it clear that something is missing; so it becomes…...

Plans are worthless, but planning is everything. — Dwight Eisenhower Quote Investigator The details of a plan which was designed years in advance are often incorrect, but the planning process demands the thorough exploration of options and contingences. The knowledge gained during this probing is crucial to the selection of appropriate actions as future events unfold.

Simple suggestions for technology investment. | by swardley | Apr, 2024 | Medium Wardley’s unproven method of thinking about investment. Step 1: Ignore the consultants, business gurus and analyst reports. Step 2: Gather some actual practitioners. Step 3: Ask them what matters. Step 4: Categorise the list. Step 5: Map the perspectives [Parallel] Step 6: Identify areas of investment. [Parallel] Step 7: Aggregation and comparison. TL;DR Be clear on your purpose....

Show Me the Money: Making a Business Case for Accessibility in Small and Large Publishing Organisations | BookMachine DON’T: Say it’ll increase sales DO: Talk about compliance DON’T: Pretend to be a lawyer DO: Speak to a lawyer DON’T: Promise AI will fix everything DO: Explore vendor options DON’T: Narrow the conversation solely to print disability DO: Talk about readiness and future-proofing DO: Talk to experts

Lean Value Tree | Open Practice Library The LVT follows a Top-Down framework: Vision > Strategic Goals > Bets > Initiatives. A company’s vision is broken down into a number of strategic goals, which are then defined into a number of bets, out of which value streams and initiatives with specific, targeted outcomes drive achievement from the bottom up. Strategic layer Ambitious Mission — What is our destination as an organisation?...

A Plan Is Not a Strategy - YouTube Strategic ≠ Planning What most “strategic planning” is in the world of business has nothing to do with strategy. It’s got the word, but it’s not. It’s a set of activities that the company says it‘s going to do. … but the results of all of those are not going to make the company happy, because they didn’t have a strategy. What’s a strategy?...

The distinction between a map and a graph is that in the map, the space has meaning. … Almost everything you’ve ever seen in business that calls itself a map, is instead a graph: mind maps are mind graphs, business process maps are business process graphs, etc. What gives space meaning is the anchor … combined with the position of pieces … and consistency of movement … — Simon Wardley in Simple tips for managing any project

The exponential horn of testing · GitHub The actual model that more closely resembles what we need should have the bare minimum of E2E tests, quite a number of service tests and the vast majority should be unit tests. Exponential model: x = 10^hy So if the height h goes from 1 to 2 to 3 then we have 1 E2E test to 100 service tests to 10,000 unit tests....

We use the analogy of firefighting when people handle unexpected problems at work. Instead of reacting in a chaotic manner like civilians, adopt the strategic approach of trained firefighters. This involves having a plan, clarifying roles, training people and practicing together. Doing so, we can create a better culture of preparedness in our companies.