Tag Archives | trivial many

The Long Tail

The Long Tail refers to the statistical phenomenon that represents the ‘trivial many’ of the Pareto Principle or ’80:20 Rule’ (see the “95:5 Rule“). Businesses operating in the physical world need to concentrate resources on the ‘important few’, ie the top 20% or even the top 5% that provide the bulk of sales or profits […]

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‘Lateral-Thinking’ Leadership

The most effective leaders learn from other industries and sectors. “Most [executives] think they are in touch with the outside world if they play golf with the vice-president of another company in the same industry.” – Professor Peter Drucker. Management Guru. (Financial Times. London. 16 November 2004.) Research commissioned by the UK Government’s Department of […]

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Marketing Warfare

Marketing Warfare – Focusing on Competitors as well as Customers Whilst conventional marketing theory states that businesses should be customer-focused, the concept of Marketing Warfare argues that businesses should be competitor-focused. Since the marketplace is dynamic, the actions and reactions of competitors must be taken into account, as well as the needs of customers, when […]

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Book List – some recommended reading

Here are some books I recommend for further reading Firstly, my own book (of course!) T-Shirts and Suits: A Guide to the Business of CreativityDavid ParrishISBN: 9780953825448T-shirts and Suits: A Guide to the Business of Creativity Books about the Creative Industries The Creative Economy. How People Make Money from IdeasJohn HowkinsISBN: 9780140287943The Creative Economy: How […]

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