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Planninga from Nanninga
http://planninga-from-nanninga.blogspot.com
Commentary and words of wisdom about business strategy, strategic planning, marketing, retail industry, finance, business positioning & consumer trends--based on nearly 30 years of experience in the business world.
Recent Posts
Strategic Planning Analogy #296: Stop Satisfying Customers
THE STORYIt is a commonly accepted principle that if you want to spend less at the supermarket, eat before you go shopping. The idea is that you tend to buy more groceries when you are hungry. Therefore, if you eat first, you won’t be hungry when...
Strategic Planning Analogy #295: Bonus Backlash
THE STORYMany years ago, I was working at a company that was having mediocre (at best) performance, yet paid its top executives quite well. I complained about the high pay relative to the performance and was told, “You have to pay a lot to get thi...
Strategic Planning Analogy #294: Picking Pockets
THE STORYBack in 1972, Bill Barnes was at a convenience store in Grand Rapids Michigan, scratching a lottery ticket, when he felt a hand in his pocket. At the time, Bill had about $300 in cash in that pocket.Not wanting to lose the money to the pick...
Strategic Planning Analogy #293: Circus Crisis
THE STORYYears ago, I was watching a documentary on the history of the circus. According to the documentary, the circus industry reached its peak of popularity in the 19th century. The secret to their success at that time was their image. Circuses ...
Strategic Planning Analogy #292: Parachuting Cats
THE STORYBack in the 1950s, malaria broke out amongst the Dayak people of Borneo. It was serious enough to call in the World Health Organization (WHO) to find a solution. Their solution? Spray large amounts of the chemical DDT on the island.The g...
Strategic Planning Analogy #291: The Defining Moment
THE STORYI friend of mine who worked in the brewery business used to like to tell this story. There was a bar across the street from a factory that made beer. A lot of the guys who worked at the brewery factory would go to that bar after work. Som...
