“True, but you miss the point,” L seemed unmoved, “You know,
in the eyes of that CEO, all sentiment of those new customers is because they
believe they could almost afford advertising in the more established channel,
but, because of one trivial reason or another, they could only get the
second-rate offer!”
“I see what you mean. The sentiment may be genuine, but it
should never be the view of the CEO.”
“Exactly. Jean Valjean could well complain his parents for
not leaving him a good fortune – but that’s not an excuse for nihilism.” L
remarked, looking grim.
“My friend, it’s easy to say don’t do this and that. Come
on, in your opinion, what strategy should this CEO take?”
“Alas, I’m no business people. There are of course blue
ocean strategies – if you could find any. My limited knowledge on Michael
Porter also states that the CEO can look for an edge and develop a distinct
market position. My own humble opinion is, even if no winning strategy could be
adopted, they could still focus on their production and treat their customers
well. Many a time it’s not about winning a competition, but thriving and prospering
with respect and dignity. If you are in a race and you come at the second
place, all you could see is the winner’s back. But, if you take it as jogging
at your own pace, you could appreciate the beauty of the road!”
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