2021 Predictions & Person of the Year

“Plans are worthless, but planning is everything.” President Eisenhower tweeted that in 1957 (it was a speechEd.). The value of a prediction is not accuracy (though it is better to be right than wrong), but the reasoning and conversation that the prediction catalyzes. Predictions can also be self-fulfilling prophecies, as the best way to predict the future is to make it … and predictions can make it (the future). After last year’s predictions, seven Fortune 100 CEOs came to me for advice. Or maybe they thought if I saw what great guys they were, I’d be less critical of them or their firm … But I digress.

We have been predicting/evangelizing/pimping big investments in recurring revenue businesses — what I call “rundles.” A great rundle (e.g., Amazon Prime) requires multiple product lines, robust tech infrastructure, and the stomach/capital to endure staggering losses in EBITDA and be recast as a subscription-based firm valued at a multiple of revenues. The path to a rundle is a useful lens through which to evaluate a firm’s product strategy, upgrade cycle, churn, pricing, value drivers, etc. I understand AppleAT&T/CNNDisneyWalmart, and other rundle-emergent companies better now that I’ve viewed them through that lens — and their leadership does as well.

Note: After reading the previous two paragraphs, my observation is that I leave 2020 as I entered it: desperate for other people’s affirmation and rabidly insecure. Anyway.

Συνέχεια ανάγνωσης εδώ

Πηγή: profgalloway.com

Σχετικά Άρθρα