What is hockey stick growth? Hockey stick growth is a pattern in a line chart that shows sudden and extremely rapid growth after a long period of linear growth. The line connecting the data points resembles the shape of a hockey stick. The term is often used to describe what happens when a startup...
What is a Digital Transformation Strategy? A Digital Transformation Strategy is a plan of action describing how a business must strategically reposition itself in the digital economy. As customer habits change so do the way winning businesses operate. They innovate, change operating and business mo...
First Things First by Stephen Summary and Analysis “What we believe about ourselves and our purpose has a powerful impact on how we live, how we love, and what we learn.” – STEPHEN COVEY The Clock and the Compass “Basing our happiness on our ability to control everything is futile. While we do c...
VRIO Framework VRIO framework is the tool used to analyze firm’s internal resources and capabilities to find out if they can be a source of sustained competitive advantage. Term VRIO comes from the words value, rarity, imitability and organization. When using the VRIO framework, you will identify...
The Rashomon Effect The Rashomon Effect is a term used to describe how a single event can be described in a variety of ways due to the unreliability of multiple witnesses. The witnesses’ unreliability and subjectivity are a result of situational, social and cultural differences. The term “Rashomon...
48 Laws of Power by Robert Greene An outstanding book that will no doubt remain a classic for a long time. 48 Laws of Power details the laws for attaining power in life, business, and more, and gives historical examples of each law in practice, as well as examples of those who do not respect thes...
Eat that Frog Summar, | Brian Tracy Tip 1 – Set the Table Productivity relies heavily on clarity. Being clear about your goals is one of the most effective ways of increasing your productivity and efficiency. If you can establish clear objectives and not deviate from them, you will instantly impr...
Working Backwards: Insights, Stories, and Secrets from Inside Amazonworking backwards leadership principles “Working Backwards” by Colin Bryar and Bill Carr (2021) is a book that explores the principles and processes that internet juggernaut Amazon.com has employed to become one of the most success...
Procrastination Procrastination is a trap that many of us fall into. In fact, according to researcher and speaker Piers Steel , 95 percent of us procrastinate to some degree. While it may be comforting to know that you're not alone, it can be sobering to realize just how much it can hold you back...
Behavioral-Based Interview BBI Behavior-based interviewing is a technique used in which the job candidate has the opportunity to demonstrate their potential for succeeding in the new job by providing specific examples of how they handled similar situations based on their past experience. The main...