When people refer to Warren Buffett as the Oracle of Omaha, it’s not because he knows that when he drops a potato he knows it’s going to hit the ground. Warren Buffett has earned his nickname because he’s proven time and again that he has an eye for predicting how markets will change and which companies will succeed in the aftermath.
Predictions like this are based on an understanding of dynamics in something business school professors call “value networks” — the system of businesses and service providers that work together to create value for customers. When markets or technologies change, it often requires entire segments of the value network to be reimagined. Take, for instance, the advent of the graphic user interface at Xerox PARC. The GUI challenged the assumption that only computer programmers could harness computers, and gave rise to a slew of new products and businesses.
It’s those types of changes, sometimes seemingly very small in the beginning, that require entire systems to be reimagined. And I’d suggest that anyone can get better at predicting how markets will evolve if we ask ourselves three questions.
When people refer to Warren Buffett as the Oracle of Omaha, it’s not because he knows that when he drops a potato he knows it’s going to hit the ground. Warren Buffett has earned his nickname because he’s proven time and again that he has an eye for predicting how markets will change and which companies will succeed in the aftermath.Predictions like this are based on an understanding of dynamics in something business school professors call “value networks” — the system of businesses and service providers that work together to create value for customers. When markets or technologies change, it often requires entire segments of the value network to be reimagined. Take, for instance, the advent of the graphic user interface at Xerox PARC. The GUI challenged the assumption that only computer programmers could harness computers, and gave rise to a slew of new products and businesses.It’s those types of changes, sometimes seemingly very small in the beginning, that require entire systems to be reimagined. And I’d suggest that anyone can get better at predicting how markets will evolve if we ask ourselves three questions.
การแปล กรุณารอสักครู่..
