Description

In this episode of Thursday Thoughts, Monique breaks down the fallacy of developing products or services that are cheap, fast, and good while dissecting the unique attributes of differentiation vs cost leadership and how these two very different strategies have been implemented by brands such as Tesla, Walmart, and WeWork.

Topics Include:

• The Cheap, Fast, and Good Fallacy
• Defining Differentiation vs Cost Leadership Strategies
• Real World Implementation of Each Strategy
• How Brand Perception Factors Into Business Strategy

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