The book 'Better, Simpler Strategy' has influenced corporate strategies and business models in several ways. Firstly, it introduced the concept of the 'Value Stick', a framework that helps businesses understand how to create and capture value. This has led many companies to reevaluate their strategies and focus more on creating value for customers and employees. Secondly, the book emphasizes the importance of simplicity in strategy, arguing that the most successful companies often have the simplest strategies. This has encouraged businesses to simplify their own strategies and focus on their core competencies. Finally, the book provides numerous case studies and examples, which have served as a source of inspiration for many businesses.
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Ever wondered what strategies make Apple, Amazon, and other juggernauts so successful? Better, Simpler Strategy by Felix Oberholzer-Gee shares top ins...
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The difference between WTP and WTS is ""Value"" for the customer. The difference between compensation and WTS is ""employee satisfaction."" Finally, the difference between prices and cost is the value captured by the firm. Draw value sticks for specific products and specific customer and employee groups.