25 ms·
Also a fantastic point, what do we mean when we say ‘never change’ ? I think it was a bit near sighted for the book to use a fashion example, albeit a fashion e
by coffeecantcode 3y ago
Also a fantastic point, what do we mean when we say ‘never change’ ? I think it was a bit near sighted for the book to use a fashion example, albeit a fashion example that had, at the time, been around for hundreds of years prior, but even 100 years later through its own mistakes the book is ironically teaching a whole new set of lessons through a retrospective lens. The lesson it’s teaching by being wrong is arguably more meaningful than the lesson it was trying to teach at the time of writing.
- QuantumGood 3y agoThe pandemic caused a "never change" to happen in many businesses. There are many things unlikely to happen that could have high impact. Taken as a group, something unlikely yet high impact becomes likely (i.e. the Black Swan paradox).
- coffeecantcode 3y agoAnd Black Swan events do happen, it’s like the fact that growing up my town got hit by a 100 year flood. Twice. But in the wake of Covid when it comes to business analysis I think that we now have a different outlook on why is variable and what is not. We might have gotten a little too high and mighty with our assumptions. There are still things that will never change about the base relationship you have with your customers if you have a viable business model though.