And I think the virtuous cycle is definitely too strong to break. Good reputation can attract talent >>> High talent is likely to be successful >>> Give donation back when successful >>> Have money to spend (invest & Pay good compensation) >>> Have highly qualified faculty >>> and so on…
What is the competition landscape right now for this kind of service? Do you think this business model has no inherent barrier to entry that make this model easy to copy?
If you were the top executives of Groupon and can make any decision, what are the things you would change to prevent the plummet of Group-on?
I am curious, what has been Celgene’s achievement under this business model so far? Because the name is very not familiar to me… And what is the relative pharma inventor company?
Do you think Bain has any differentiation points vs BCG and Mckinsey?
Wow thanks for the interest and a lot of questions :
1) I dont really think it affected the decision making of the company that much. Elon musk is a very unique person, and he started the company by wanting it (“I want to have sustainable car”). From there then he designed the operating model that would make sense to support his business model / ambition.
2) Telsa really wanted to have direct control of distribution and so they tried to lobby state government one-by-one to get permit. Some rejected, some accepted.
3) My take is that it might be a slight hindrance only. As hybrid cars producers invent new model and innovate, so will Tesla. Along the way, Hybrid brand will be more energy effective & probably cheaper, but Tesla will do so too. So looking at this, highly likely Telsa can still maintain similar level of comparative advantage against those brands.
Definitely Simeon. Losing the incentive might affect the market demand, but to my suspicion, it wouldn’t be as much. I said this because the market penetration for electric car has not been saturated yet, and there is still high demand indicated by consumer’s willingness to just put deposit money (i.e for model x) without any clear price transparency nor commitment on release of product.
Thanks! Yeah I think the road-map, business strategy, and execution are truly remarkable… I hope they can expand more too..