Remove Airlines Remove Competition Remove Culture Remove Marketing
article thumbnail

Herb Kelleher's Legacy at Southwest Airlines: 5 Important Lessons

Michael Roberto

Source: Southwest Airlines Yesterday, Southwest Airlines co-founder and long-time CEO Herb Kelleher died at age 87. Here are five simple, yet powerful, lessons that come to mind as I reflect on the Kelleher era at the airline: Make tradeoffs. At Southwest, Kelleher chose to run an airline in a very different manner.

article thumbnail

Four Mind-Bending Business Models to Shake Up 2016

Leapfrogging

But perhaps the greatest innovations in business won’t be what companies decide to sell, but how they’ll go to market in ways that create entirely new business models. What does that mean for marketers? It’s all about “playing hard to get” with your customers, something pretty counterintuitive in today’s fiercely competitive world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Four Mind-Bending Business Models to Shake Up 2016

Leapfrogging

But perhaps the greatest innovations in business won’t be what companies decide to sell, but how they’ll go to market in ways that create entirely new business models. What does that mean for marketers? It’s all about “playing hard to get” with your customers, something pretty counterintuitive in today’s fiercely competitive world.

article thumbnail

Coopetition

CREATORS

As a result, they reached the two top ranks in TV market and increased their value tremendously. the similar pursuit of collaboration and competition between firms producing or developing complementary or related products. Cooperation of competitive global players with start-ups and research initiatives seems inevitable.

article thumbnail

Crowdsourcing Internal Innovation

Collective Innovation

Regardless of what kind of business you are in there are numerous different types of innovation that can give you a clear competitive advantage and make you more successful. Product Innovation : Creates a difference with an existing product line and existing market, usually through features. Look at a company like Hilton for instance.

article thumbnail

Collaboration in the Time of the Coronavirus: How to Innovate Effectively During a Crisis

Qmarkets

Already we are seeing some worryingly severe consequences, with global stock market volatility, consumer retail hysteria, and whole airline fleets grounded indefinitely. It will have a profound impact on virtually all aspects of business – from production processes, to HR regulations, to marketing strategies.

article thumbnail

The Whole Foods Strategy…Isn’t (Whole)

Matthew May

There’s an interesting strategic play being made by Whole Foods Markets, in the midst of the company’s nearly $2 billion one-day drop in market value a few weeks ago, on the announcement of a shareholder lawsuit. Think Southwest Airlines. Still, Fresh ‘n Easy tried coming into this market, with dismal results.

Strategy 100