Flexibility

The Ability to Adjust

As you watch this 40-second video from Bangkok, Thailand, consider these questions…

  • What are the built-in inconveniences in your market?
  • How nimble is your company, measured by the flexibility to take advantage of opportunities that are less than optimal?
  • Who will carve out a niche in your market if you don't?

Questions for Thought

  • Are you — literally or figuratively — leaving money on the table because of perceived inconvenience (as distinct from unacceptably high cost of sales)?
  • Can you spot interstitial business opportunities in your market — meaning opportunities that fall in the gap between conventionally obvious opportunities? (Remember, Ted Turner started in outdoor advertising — which is to say, highway billboards — today CBS is in that business too).
  • What other questions does this video raise for your business model?

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