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Disruption: How Companies Lose by Misjudging Substitutes

Tom Spencer

They track market share, pricing, and innovation trends, all in an effort to stay one step ahead. They innovate where incumbents stagnate, and they redefine markets by shifting how value is delivered.Netflix is a classic example. A major reason companies overlook substitutes is their tendency to define markets too narrowly.

Company 88
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Blockchain Could Help Artists Profit More from Their Creative Works

Harvard Business

Anyone who follows the cultural industries — art, music, publishing, theater, cinema — knows of the tussles between artists and those who feed off of their talents. His vision is to decentralize the entertainment industry so that creative individuals can profit from the films, videos, games, and art they help to make.

Film 132
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France Seeks Another Tax on Facebook, Google And YouTube, to Finance "French Culture" Cinema

MishTalk

RT reports French broadcasting watchdog CSA eager to tax YouTube, Facebook, Dailymotion France''s Superior Council of Audiovisual, an independent broadcasting authority, wants to impose taxes on media giants like YouTube, Facebook and Dailymotion to force them to contribute to financing French culture. billion ($1.8

Finance 78
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A Simple Way to Test Your Company’s Strategic Alignment

Harvard Business

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. But corporate leaders today seem to agree that strategic alignment is high on the list.

Banking 132
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Aging Societies Should Make More of Mentorship

Harvard Business

The past year brought a rich array of films depicting connections between a wise, older mentor and a younger person in need of sage guidance, in ways that often defied gauzy stereotypes, from art-house movies like Lily Tomlin’s Grandma to blockbusters like Star Wars: The Force Awakens.

Film 129
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Your Strategy Has to Be Flexible — But So Does Your Execution

Harvard Business

In the worst case, busyness can become an implicit goal or cultural norm, and the original strategic intent can be lost in a frenzy of detail and activity. Few would deny the importance of corporate culture, for example, even though it is not easily quantifiable. marketing team offered the same promotion to U.S. Insight center.

Strategy 106
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What Inclusive Urban Development Can Look Like

Harvard Business

EDENS, of which the latter is CEO, has led the revitalization of the 45-acre Union Market district in Northeast Washington, DC. The Union Market challenge. Located on the east side of the NoMa train tracks, Union Market began as a working food production and distribution center in the 1930s.