Case Study: Has Your Cheese Been Moved?
Has your cheese been moved?
While recollecting reading of a book called “Who moved my cheese “and evaluating the same in world around us, led to writing of this post.
It is a fact for individuals as well for organisations that any stream of earnings, workings or processes cannot be taken for lasting for ever without any disruption. Especially in today’s world where intelligence has moved to Artificial Intelligence and human behaviours are being imbibed in Robots to do routine jobs, changes or disruptions whichever way you may like to describe are here to stay and guide our future. Taking it to the subject, the assumptions or understandings of earlier times are now being put to challenges. Experimentation is the key world and it is delivering …show more content…
With continued success over decades on similar products, the company starts having diminishing law of return of corporate success or “kick” out of the same model of success. There arrives a new challenger with requirements of modern or today’s generation and vroom goes of its model of success. The gearless and swanky two wheeler just took away the whole pie in such a fashion that it led to believe for existing player that no more “cheese” can be extracted now from given product line. But as the things turned out that market went gaga over new variety and accepted the change with open …show more content…
The only thing constant in the world is change. So before you come under threat of your cheese being moved, assess the sustainability and scaleability of your product line over the time horizon. Evaluate it with ever changing tastes and preferences of consumer and keep on offering different tastes/versions. Market remains the same for all new and old players but only thing differentiate is the product offering that can alter the scenario. Many a times it is the product and its marketing that defines the future tastes of the consumers.
Another important factor to ensure safety and continuity of existing “cheese” is to always look forward to feedback…an honest feedback. Encourage the critical review from the ground and try to mould and evaluate the same for future planning. Don’t let someone to move your cheese by continuously improving upon the processes and strategies to not only safeguard existing resource and revenues but to find the new one to cope up with uncertain times.
Here are some of the important lessons of widely read book “Who moved my cheese” by Spencer Johnson.
“Noticing small changes early helps, you adapt to the bigger changes that are to
While recollecting reading of a book called “Who moved my cheese “and evaluating the same in world around us, led to writing of this post.
It is a fact for individuals as well for organisations that any stream of earnings, workings or processes cannot be taken for lasting for ever without any disruption. Especially in today’s world where intelligence has moved to Artificial Intelligence and human behaviours are being imbibed in Robots to do routine jobs, changes or disruptions whichever way you may like to describe are here to stay and guide our future. Taking it to the subject, the assumptions or understandings of earlier times are now being put to challenges. Experimentation is the key world and it is delivering …show more content…
With continued success over decades on similar products, the company starts having diminishing law of return of corporate success or “kick” out of the same model of success. There arrives a new challenger with requirements of modern or today’s generation and vroom goes of its model of success. The gearless and swanky two wheeler just took away the whole pie in such a fashion that it led to believe for existing player that no more “cheese” can be extracted now from given product line. But as the things turned out that market went gaga over new variety and accepted the change with open …show more content…
The only thing constant in the world is change. So before you come under threat of your cheese being moved, assess the sustainability and scaleability of your product line over the time horizon. Evaluate it with ever changing tastes and preferences of consumer and keep on offering different tastes/versions. Market remains the same for all new and old players but only thing differentiate is the product offering that can alter the scenario. Many a times it is the product and its marketing that defines the future tastes of the consumers.
Another important factor to ensure safety and continuity of existing “cheese” is to always look forward to feedback…an honest feedback. Encourage the critical review from the ground and try to mould and evaluate the same for future planning. Don’t let someone to move your cheese by continuously improving upon the processes and strategies to not only safeguard existing resource and revenues but to find the new one to cope up with uncertain times.
Here are some of the important lessons of widely read book “Who moved my cheese” by Spencer Johnson.
“Noticing small changes early helps, you adapt to the bigger changes that are to