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Tag Archives: Strategy
Building a Better Business Sense
Demonstrating good business sense or orientation is a key leadership skill. While it may be a natural talent, there are steps you can take to further develop this capability. Here are four investments you can make in your career to help you build a better business sense.
Market Segmentation for Electric Vehicles
Understanding the segmentation of the automotive market by customer behavior and vehicle usage patterns is going to be critical in designing electric vehicles with the appropriate price and performance (in terms of battery range) for success. Nick Hodson and John Newman of McKinsey recently published an article with a first-pass segmentation that points out some opportunities for differentiation by automotive producers.
A Market Segmentation Example
After laying out the differences between market segmentation and classification in a previous blog post, this follow-up post provides an example of how segmentation was used to target growth for a new product by selecting customers for whom it had the greatest value proposition, allowing it to be priced at a significant premium to existing offerings.
Why the US Chamber of Commerce should Stand Firm on their Cap and Trade Position
The US Chamber of Commerce, which has come under pressure and lost some larger business members due to its position on cap and trade, is right to insist that such legislation be created through Congress and not directly by the EPA. Apple, Nike, and GE are acting short-sightedly in their criticism of the Chamber's position.
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Mitigating Strategic, Operational, and Organizational Business Risk