Golden rule, growing the market and Elon

Feature article: https://www.linkedin.com/pulse/why-dont-businesses-embrace-golden-rule-fred-reichheld

Interesting take and angle on what I sometimes call “business karma”. This article reminds me of another favourite idea and trend about a growing market benefiting all.

When companies don’t embrace this behaviour they actually harm the value proposition of the entire industry and that impact is felt by anyone associated with similar service offering or products.

When we see companies embrace this we see a growth in demand – not just for the organization with the strong values but a ripple effect that competitors or ancillary service providers benefit from. In other words a bigger market for all.

For example, I wonder if that is who will come out on top in this intriguing story:

https://www.google.ca/amp/s/gizmodo.com/tesla-will-lock-out-contractors-on-monday-unless-employ-1825812405/amp

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s