Driving down the highway on the way to the conference I was stunned by this billboard:
Walmart striking the heart of Amazon
Here is Walmart, going for the juggler of the Amazon model…Amazon’s membership Prime.
Now what is fascinating, is how late Walmart has been late to the party and yet how hard they have worked to close the gap.
In fact, in the Walmart offices they have a poster that says “You can’t out Amazon Amazon.” In other words they have to focus their innovation in a different way without competing head to head with Amazon (although this billboard certainly looks like a direct attack!).
Now the question is, at the current breakneck pace of innovation & competition, what is your practice doing to drive itself ahead?
On a scale of 1-10, how would you rate yourself and your practice in terms of business model innovation this year?
Are you using the same business model and tools as last year, or trialing something radically new?
The key to winning the game of business is the continual testing of innovative strategies and tools to find the “golden path” that will leapfrog you ahead.
Unfortunately the haunting phrase “innovate or die” is only ringing more true.
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Veterinary Receptionist Training for the World of Telemedicine
