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12.10 The Long Tail & the Long Snout

Last Edited by Ronald van den Hoff on 2/11/2014 2:34:26 PM
The Pareto principle, also known as the 80-20 rule, does not work anymore. This principle states that 20% of the customers bring in 80% of the revenue. Or that 20% of the suppliers supply 80% of the materials. That way, you can do a high volume with a few processes, and that is quite efficient for traditional organizations...
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12.9 The fundamentals of the Organization 3.0: N=1, R=G...

Last Edited by Ronald van den Hoff on 2/11/2014 2:34:25 PM
In his book, The New Age of Innovation, C.K. Prahalad, with his co-author
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12.11 Nothing beats FREE

Last Edited by Ronald van den Hoff on 2/11/2014 2:34:30 PM
“There is no such thing as a free lunch” These words date back to the 19th century, when bartenders in the United States were serving free lunch to attract a crowd. The cost was incorporated in the sale price of the liquors, so “free” was not really free, or was it? The word free may mean without cost, but it definitely does not mean without value. There is a clear sense of value, but you need to think of it in terms of intangible benefits such as social capital. You receive some..
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