Skip to main content

Summary of "A Simple Formula To Beat Competitors' Ass For Project Based Companies In Digital Space"

Here is a simple formula for any project based company who wants to grow now and in the future:
Reliable Delivery + Faster Execution + Innovative Solutions = Clients Love As $
First you will need to build an organisation that is reliable in delivery. This means, if you commit to deliver a project with certain deadline, quality and budget then you better delivery as promised 100% of the times. 
When you build an organisation that can delivery as promised. Then it is time to make the delivery faster than your closest competitors. 
At this stage you have such a competitive advantage that your clients will recommend you to their friends.
To persuade your clients to recommend your service to their close family members, you will need to build such a competent team that can provide Innovative Solutions to client's problems.
Now, if you provide innovative solutions to client's problem faster than anyone else, then there will be no one in the market who can beat your ass.
Since I have some friends and colleagues in marketing and advertising agencies, I feel obligated to customise the formula for this group, and here it is:
Reliable & Fast Delivery + Innovative Marketing Solutions
Pay attention to the order: 1) reliability 2) faster delivery 3) Innovative solutions
Note that Innovative (marketing) Solutions must have positive impact on your client's bottom line, to be measurable and more effective. 
Does this make sense? I think so.
Is it easy to implement ? Well, it depends. It depends on your organisational values, it also depends on your management team. 
If you (you as the ultimate decision maker - CEO/Founder/ ...) surrounded yourself with bunch of B and C players who are more comfortable to surround themselves with B or C players, then you will never ever pass the first stage of reliability. There will be enough excuse in the air, that will make the implementation of such a formula a too-good-to-be-true theory.
On the other hand, if you surrounded yourself with intelligent people who poses integrity and a burning desire to learn and grow. Then, reliability will be rooted into your organisation's values, and continues process improvement to deliver faster will become a norm, and innovating solutions to solve problems will become a necessity to feel and stay alive.

Comments

Popular posts from this blog

Business & Economy - Wall Street Crash & U.S. sub-prime market (Part 1)

History of economy would suggest that once every couple of generations there is a complete prosperity-depression cycle that occurs within the financial market, and economy as a whole. The last time this happened was in the 1920’s, and 30’s. It started with the Wall Street Crash of 1929, and then it moved through to the Great Depression and ended beyond World War II. The current global financial and economic situation resulting from crisis caused by the U.S. sub-prime market appears to be the start of one of these historic cycles at this point in the maturation of the human race. Despite the fact that U.S. economy is in recession, there are many contradictory opinions about another financial and economical crisis. The purpose of this blog is to clarify similarities and differences between the economical events in 1920's, and 30's with current global financial and economic situation. The twenties in America were a very good time. Production and employment were high and rising....

Business & Economy-Confused Branding Part 1

I came back to Tehran to live for some months after 4 years. It seems that we had a boosting advertising market, people started to talk about Marketing Strategy, Marketing Research, Companies started to open positions in Marketing Management, Advertising Management fields. Yes, I know it is little bit funny and too much sad, Since all other countries started to think about this science more than 50 years ago!! But I would be proud of all these Iranian companies, who started to Re-Think Marketing, if they walk what they talk! I do not know how many billboards have been installed in highways since 4 years ago, I just can say too much.This is good, because it represents a progress in Marketing culture, but you can see unknowledgeable Marketers and greedy advertisers in confused companies with uncertain management strategy in all those advertising. One of these companies called "TAK MAKARON". They are the biggest pasta producer in Iran. TAK MAKARON has started when there ...

Moving from Basic DAD Scrum Based LifeCycle to Continues Delivery (Kanban Based) Lifecycle

I was thinking what the title of this blog post could be, I had couple of options to select from and decided to use a title that uses Disciplined Agile (DA 2.0) Lifecycle. Other options for titles were: Moving From Scrum to Kanban From High Performing Scrum Teams to Hyper Performing Kanban  The bottom line is that at some point you may want to move away from Time boxes to a flow of work and service oriented teams and improve performance and throughput without massive and sudden organisational change.  As always, I only share my experience and this may not apply to all situations, context is important.  Another reason that I selected “Moving from Basic DAD Scrum Based LifeCycle to Continues Delivery (Kanban Based) Lifecycle” as the title, was that for many it is a question mark how to navigate through DAD life cycles. and I think this blog post could be one of the ways to navigate.  Context: A Delivery Team started with Type A Scrum with 2 weeks Sprin...