News for hackers. Stuff that matters.
Re:Business questions worth asking by coffeecantcode on Sunday November 12, 2023 @08:30AM (#38239897)
Also a fantastic point, what do we mean when we say ‘never change’ ? I think it was a bit near sighted for the book to use a fashion example, albeit a fashion example that had, at the time, been around for hundreds of years prior, but even 100 years later through its own mistakes the book is ironically teaching a whole new set of lessons through a retrospective lens. The lesson it’s teaching by being wrong is arguably more meaningful than the lesson it was trying to teach at the time of writing.
Re:Business questions worth asking by QuantumGood on Sunday November 12, 2023 @09:01AM (#38240126)
The pandemic caused a "never change" to happen in many businesses. There are many things unlikely to happen that could have high impact. Taken as a group, something unlikely yet high impact becomes likely (i.e. the Black Swan paradox).
Re:Business questions worth asking by coffeecantcode on Sunday November 12, 2023 @09:06AM (#38240169)
And Black Swan events do happen, it’s like the fact that growing up my town got hit by a 100 year flood. Twice.

But in the wake of Covid when it comes to business analysis I think that we now have a different outlook on why is variable and what is not. We might have gotten a little too high and mighty with our assumptions.

There are still things that will never change about the base relationship you have with your customers if you have a viable business model though.