Industry News

Top articles of the week | October 27th

Every week, we put together a list of our top 5 articles of the past week. Happy reading!

 

Nothing Lasts Forever, Not Even the Mighty Sears           Bloomberg

Creative destruction is the process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process is what happened to Sears, the old makes up for the new. The article details its demise and its cause, one tied back to its business model.

 

All of the World’s Money and Markets in One Visualization        Visual Capitalist

Ever wonder how all the world’s money would look in one chart? Well, we found the infographic for you. This visual representation of markets is a way of simplifying a complex universe of currencies, assets, and other financial instruments in a way that people can understand.

 

Disrupting The CPG Industry: How Brands Can Adapt To The Future Of Packaged Goods             CB Insights

We’ve been doing more work with CPG customers and it’s an endlessly fascinating industry. There are growing tensions along the value chain “disrupting” the big brands. This article highlights the immediate and long-term challenges facing the CPG industry, as well as the business strategies that CPG brands are using to adapt.

 

Intro to Wardley Mapping   Simon Wardley, YouTube

We’ve begun using a new management tool called Wardley Mapping for our customers. It expresses a customer’s landscape as a value chain — a series of interdependent activities required to meet user needs. It also categorizes the elements of the value chain according to their stage of evolution under supply and demand competition. The result is a single, dense graphic describing assumptions that anyone can learn to read. It serves as map to understand where we are today and where we need to go. This 5 minute YouTube explains the mapping using a simple example.

 

Speed as competitive advantage     PNR Blog

I wrote a post this post attempting to clarify what does organizational velocity really mean. It boils down to feedback loops. Incorporating customer feedback for your product or service has become a priority for many industries. I attempt to explain what it means and how to take advantage velocity to develop a competitive advantage.