By Suneet Agarwal on Facebook Nike refused to re-sign Roger Federer after 24 years. A Japanese tailor’s son paid him $300 million instead… he’d built the most valuable fashion company on Earth selling $15 sweaters.Tadashi Yanai was 23 years old. Standing in his father’s men’s clothing shop in Ube, a small industrial city in southern Japan. The store occupied the ground floor of the house he grew up in. Cramped rooms upstairs.
Category Archives: Opportunity Identification
Obstacle course, sprint or marathon?
I was re-reading Jack Stack’s ‘A Stake in the Outcome’ over the last couple of weeks and a comment he made about the nature of the business race we’re running really jumped out at me. Teams would probably associate their long-term goal, or BHAG as Jim Collins calls it, as a marathon; an event of known length. At the opposite end of the spectrum there’s the encouragement to sprint towards near-term goals, often with a Scrum or Agile approach as recommended by Jeff Sutherland.
Do you live by rules or conventions?
I recently spent time in the company of Dr Kaihan Krippendorff, an inspiring strategist I had the privilege to meet through the Gazelles Coaching program. Kaihan is a business strategist, keynote speaker, consultant and best-selling author of four books, most recently Outthink the Competition. A former consultant with McKinsey & Company, he now writes one of the most popular blogs on fastcompany.com, ‘Outthinkers’.
How Will You Seize The Day For Your Business?
A Moment of Seized Opportunity We recently took a family trip to Wonthaggi, a picturesque, heritage town by the seaside in the Bass Coast Shire of Gippsland. It’s not a place you’d imagine to be one of most significant sites in this state’s history, but behind the calm exterior, there is a fascinating story of seized opportunity. First a little lesson about coal; Victoria actually hosts 430 billion tonnes of it, a significant proportion of the world’s brown coal endowment.