An innovation that is disruptive allows a whole new population of consumers at the bottom of market access to a product or service that was historically only accessible to consumers with a lot of money or a lot of skill
Category: Strategy
10/20/30 Rule of Presenting
A presentation should have ten slides, last no more than twenty minutes, and contain no font smaller than thirty points.
How to decide whether a project is worth pursuing
Interest: do you think about it in your free time and bring it up in random conversations? Importance: will it benefit others? Contribution: do you have something novel to add? Source: AdamGrant
Hertzberg’s Two-Factor Theory
Simply put, these are factors that lead to satisfaction and motivate employees to work harder. Examples might include enjoying your work, feeling recognized and career progression.
Excellence can be cultivated and nurtured
The Pygmalion effect is a psychological phenomenon wherein high expectations lead to improved performance in a given area.
The Pareto Principle (The 80/20 Rule)
In economic terms, there is a diminishing marginal benefit. This is related to the law of diminishing returns: each additional hour of effort, each extra worker is adding less “oomph” to the final result. By the end, you are spending lots of time on the minor details.