Wednesday, September 21, 2011

Thinking without Border

Neighborhood border book store permanently closed last week, feel a bit empty and sad to face the world without boarder, since we spent significant spare time  to read and entertain there, overall, Border is friendly,  professional and specialized book retailer, however, the rapidly changing digital era is the new brutal reality, even the decent business may not survive if missing to catch the technological wave or not delight customer either via the unique products or competitive cost point, here are some strategy thinking without border:

Porter’s Five Forces Strategy

                                                                              
Border vs. Amazon: Amazon is one of the biggest threats of new entrants for Border, also the biggest competitive rivalry, it’s emerging with the first wave of e-commerce and digital technology, by taking advantage of IT more efficiently and effectively, Amazon grow and expand to the new category more aggressively, streamline the supply chain more seamlessly, which means more bargaining power of suppliers, they build up the powerful online partner platform, which also means more bargaining power of suppliers, and e-books become more intimidate threat of substitute the traditional paper book,  from all five forces above, Border lost ground gradually, and Border is not the only victim, Circuit City was at the same :How the Mighty Fall category, brick-and -Mortar business can not compete effectively with emerging e-commerce business.

Good vs. Great: Good business like Border may not survive until you become great. From Mr. Jim Collin’s Good to Great Framework:
  • Confront the Brutal Facts: Retain unwavering faith that you can prevail in the end, regardless of difficulties and at the same time have the discipline to confront the most brutal fact of current reality
  • The Hedgehog Concept: Greatness comes about by a series of good decisions consistent with a simple and coherent concept-The Hedgehog concept: reflects understanding three circles: what you can be the best in the world at, what you are deeply passionate about and what best drives your economic or resource engine.
  • The Flywheel:  In building greatness, there is no single defining moment, no grand program, on one killer innovation, no solitary lucky break, no miracle moment, Rather, the process resembles relentlessly pushing a giant, heavy flywheel in one direction, building momentum until a point of breakthrough and beyond.
  • Clock Building, not time telling: Leaders in great organizations build catalytic mechanism to stimulate progress, they have relentless drive for change and progress-a creative compulsion that often manifest in BHAGs (Big Hairy Audacious Goals), great organizations keep clear the difference between their core values (which never change such as how to delight customer) and operating strategies and cultural practices (which endlessly adapt to a changing world)

Other Free Thinking without Border:

Humanity without Borders:

Confucian Theory

Confucius the Confucian theory of humanity exemplifies the golden rule, both love and respect, treat others as you want to be treated.

Greek Theory

Plato and Aristotle  considered "courage, justice, temperance" and "generosity, wit, friendliness, truthfulness, magnificence, and greatness of soul" to be the sole virtues, humanity, respectively.

Judeo-Christian Theory

Humanity was so important in some positivist Christian cultures that it was to be capitalized like God.Kindness, altruism and love are all mentioned in the bible. Proverbs 19:22 "states the desire of a man is his kindness.  
Education without Borders        
 The art, the science are border-less, education is one of the driving force in the transformation and development of individuals and  communities, it’s instrumental in the development of a fair, non discriminatory society which offers opportunities to all people
Life without borders could symbolize the better world.  

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