Podcast
Questions and Answers
At what age did she start working as a domestic servant?
At what age did she start working as a domestic servant?
What product did she use to dress her employer's hair?
What product did she use to dress her employer's hair?
What significant business step did Harper take in 1888?
What significant business step did Harper take in 1888?
Which unique service did Harper offer to her customers at her salon?
Which unique service did Harper offer to her customers at her salon?
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What method did Harper emphasize in her beauty services?
What method did Harper emphasize in her beauty services?
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What innovative equipment did Harper invent for salons?
What innovative equipment did Harper invent for salons?
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When did Harper begin franchising her beauty method?
When did Harper begin franchising her beauty method?
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How many Harper Shops were operational by the 1930s?
How many Harper Shops were operational by the 1930s?
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What did the salute symbolize for the club, players, and fans?
What did the salute symbolize for the club, players, and fans?
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What was the initial reaction of fans to the new crest?
What was the initial reaction of fans to the new crest?
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What did Leeds United decide to do for the 2019-20 centenary season?
What did Leeds United decide to do for the 2019-20 centenary season?
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Which other football team is mentioned to have encountered backlash for a rebrand?
Which other football team is mentioned to have encountered backlash for a rebrand?
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What was a notable characteristic of Royal Mail's history?
What was a notable characteristic of Royal Mail's history?
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How did fans react to the rebranding efforts of Leeds United?
How did fans react to the rebranding efforts of Leeds United?
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What does the phrase 'an own-goal' refer to in the context of the rebrand?
What does the phrase 'an own-goal' refer to in the context of the rebrand?
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What type of company is Royal Mail Group Limited described as?
What type of company is Royal Mail Group Limited described as?
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What was the estimated decline in the active user engagement on the mobile app one year after Elon Musk's acquisition?
What was the estimated decline in the active user engagement on the mobile app one year after Elon Musk's acquisition?
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Which event was not part of the timeline following Musk's acquisition of Twitter?
Which event was not part of the timeline following Musk's acquisition of Twitter?
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What percentage of Twitter users voted in favor of Musk resigning as CEO in the December 2022 poll?
What percentage of Twitter users voted in favor of Musk resigning as CEO in the December 2022 poll?
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What significant policy change did Twitter announce soon after Musk's takeover regarding misinformation?
What significant policy change did Twitter announce soon after Musk's takeover regarding misinformation?
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In how many months after Musk's acquisition did Twitter's value drop significantly?
In how many months after Musk's acquisition did Twitter's value drop significantly?
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What was Els Musk's proposed work ethic for employees to adapt to 'Twitter 2.0'?
What was Els Musk's proposed work ethic for employees to adapt to 'Twitter 2.0'?
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Which group noted an increase in hate speech following Musk's takeover of Twitter?
Which group noted an increase in hate speech following Musk's takeover of Twitter?
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What caused Twitter to require users to purchase a Twitter Blue subscription?
What caused Twitter to require users to purchase a Twitter Blue subscription?
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What term will replace 'tweet' for posts on the platform?
What term will replace 'tweet' for posts on the platform?
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What major change did Elon Musk announce regarding Twitter's identity?
What major change did Elon Musk announce regarding Twitter's identity?
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Why do some users and journalists criticize the rebranding of Twitter?
Why do some users and journalists criticize the rebranding of Twitter?
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What aspect of X.com was emphasized by CEO Linda Yaccarino?
What aspect of X.com was emphasized by CEO Linda Yaccarino?
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Which of the following changes was NOT listed among the major changes due to rebranding?
Which of the following changes was NOT listed among the major changes due to rebranding?
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What is one of the key features Musk hopes to implement with X?
What is one of the key features Musk hopes to implement with X?
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What was one consequence of the rebranding regarding Twitter's official account handle?
What was one consequence of the rebranding regarding Twitter's official account handle?
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Which social media application is X.com compared to in terms of its vision?
Which social media application is X.com compared to in terms of its vision?
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What was the primary motivation behind John Sculley's reorganization of Apple?
What was the primary motivation behind John Sculley's reorganization of Apple?
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What specific changes did Apple make to reduce costs?
What specific changes did Apple make to reduce costs?
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Which of the following best describes the effect of the reorganization on Apple's product divisions?
Which of the following best describes the effect of the reorganization on Apple's product divisions?
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Why did analysts support the merger of the Macintosh and Apple II sales and marketing divisions?
Why did analysts support the merger of the Macintosh and Apple II sales and marketing divisions?
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What crucial factor did the text mention as contributing to Apple's challenges despite the reorganization?
What crucial factor did the text mention as contributing to Apple's challenges despite the reorganization?
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What approach did Steve Jobs take when he returned to Apple in 1997, compared to the original structure?
What approach did Steve Jobs take when he returned to Apple in 1997, compared to the original structure?
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What was Steve Jobs' belief about the impact of conventional management practices on Apple?
What was Steve Jobs' belief about the impact of conventional management practices on Apple?
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What specific action did Steve Jobs take to implement his belief about innovation?
What specific action did Steve Jobs take to implement his belief about innovation?
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Which feature of a transformative business model involves adapting to individual customer needs?
Which feature of a transformative business model involves adapting to individual customer needs?
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What is a key aspect of a successful transformative business model according to the analysis of the 40 companies?
What is a key aspect of a successful transformative business model according to the analysis of the 40 companies?
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Which of the following companies is cited as an example of utilizing five out of the six features of a transformative business model?
Which of the following companies is cited as an example of utilizing five out of the six features of a transformative business model?
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What essential feature allows companies to leverage technology to provide products and services at competitive prices?
What essential feature allows companies to leverage technology to provide products and services at competitive prices?
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What is a major factor that differentiates Airbnb's business model from traditional hotel economics?
What is a major factor that differentiates Airbnb's business model from traditional hotel economics?
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Which of the following best describes the purpose of a business model?
Which of the following best describes the purpose of a business model?
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How many of the six features did no model display entirely?
How many of the six features did no model display entirely?
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What percentage of hotel room supply does Airbnb represent in New York according to the data presented?
What percentage of hotel room supply does Airbnb represent in New York according to the data presented?
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Flashcards
John Sculley's Role
John Sculley's Role
Sculley, as CEO, aimed to assert leadership during Apple's difficulties.
Apple's Reorganization
Apple's Reorganization
Eliminated separate product divisions, creating operations and sales divisions.
Cost Reduction Strategies
Cost Reduction Strategies
Apple scaled back advertising, closed factories, and laid off staff to cut costs.
Jobs vs Operations
Jobs vs Operations
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P&L Responsibilities
P&L Responsibilities
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Jobs' Return in 1997
Jobs' Return in 1997
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Combining Departments
Combining Departments
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Challenges for Apple
Challenges for Apple
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Elon Musk's Twitter acquisition
Elon Musk's Twitter acquisition
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User engagement decline
User engagement decline
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Mass layoffs at Twitter
Mass layoffs at Twitter
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Twitter resignation poll
Twitter resignation poll
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Paid verification
Paid verification
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Hate speech increase
Hate speech increase
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Disinformation policies
Disinformation policies
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Community Notes program
Community Notes program
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Twitter Rebranding
Twitter Rebranding
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Reason for Rebranding
Reason for Rebranding
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Post Terminology Change
Post Terminology Change
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Change of Logo
Change of Logo
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Musk's Branding Preference
Musk's Branding Preference
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Implementation Issues
Implementation Issues
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AI Integration
AI Integration
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User Account Conflict
User Account Conflict
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Leeds United's Rebrand
Leeds United's Rebrand
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Angus Kinnear
Angus Kinnear
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Fan Backlash
Fan Backlash
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Centenary Season Amendment
Centenary Season Amendment
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Everton FC Rebrand U-Turn
Everton FC Rebrand U-Turn
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Royal Mail History
Royal Mail History
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Mail Transportation Evolution
Mail Transportation Evolution
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Post-modern Branding
Post-modern Branding
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Moscano Tonique
Moscano Tonique
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Madam C.J. Walker
Madam C.J. Walker
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Beauty Salon Opening
Beauty Salon Opening
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Harper Method Shops
Harper Method Shops
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Reclining Shampoo Chair
Reclining Shampoo Chair
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Franchising Expansion
Franchising Expansion
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Female Chamber of Commerce Member
Female Chamber of Commerce Member
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Training School for Operators
Training School for Operators
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Transformative Business Model
Transformative Business Model
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Six Features of Transformation
Six Features of Transformation
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Personalized Product/Service
Personalized Product/Service
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Asset Sharing
Asset Sharing
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Usage-Based Pricing
Usage-Based Pricing
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Collaborative Ecosystem
Collaborative Ecosystem
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Agile and Adaptive Organization
Agile and Adaptive Organization
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Business Model Definition
Business Model Definition
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Study Notes
The Woulds of Wall Street
- Economists differentiate between "today's problems" and "tomorrow's problems."
- The long run is when everything can change, while the short run is constrained by existing circumstances.
- Successful companies in the long run can build factories as needed; in the short run, they can't easily increase product output without significant changes.
- Corporate restructurings are often driven by pressure and represent reimaginings of a company's current state.
- Apple's restructuring in 1985 saw Steve Jobs step back from daily management.
- The 1997 restructuring brought Steve Jobs back to Apple and involved a shift to a single profit and loss accountability structure.
- Apple's organizational structure is centered around functional expertise.
- Leaders should understand the details of their areas three levels down to facilitate effective cross-functional decisions.
- Collaboration between different functions is crucial in decision-making.
- Apple's structure prioritizes functional expertise, which aligns with its focus on innovation in rapidly changing markets.
- Google's restructuring into Alphabet decentralized its operations to allow for greater independence in certain investments.
- Google's restructuring allows for greater management and more independence.
Facebook's Restructuring
- In the 2021 restructuring, Facebook became Meta, aiming to expand beyond social media and focus on the metaverse.
- The shift toward the metaverse has led to internal disruptions and uncertainty.
Twitter Under Elon Musk
- Twitter's restructuring (rebranding to X) in 2023 included significant workforce reductions and changes to content moderation practices
- This period saw declines in Twitter's user engagement and stock valuation.
- Key changes to Twitter: employee lay-offs, closure of offices, shifting from 'Twitter' to 'X', elimination of the content moderation team.
- An increase in hate speech was noted soon after Elon Musk's takeover.
Netflix's Qwikster Debacle
- In 2011, Netflix separated its DVD rental and streaming services.
- This restructuring, dubbed "Qwikster," decreased subscriptions.
Uber's Restructuring
- Uber experienced problems with its CEO Kalanick and subsequent restructuring.
- This included revelations about a toxic corporate culture, as well as labor and cost concerns.
- Issues like regulation, worker protections, and intense competition all negatively impacted Uber after its IPO in 2019.
OpenAI
- OpenAI co-founder and chief scientist Ilya Sutskever is leaving the company.
- The company began development on a voice-activated chatbot in May 2024.
How Companies Restructure
- Companies often face external pressure, such as an economic downturn or increasing competition, forcing them to reconsider their strategies.
Rebranding
- Companies often rebrand to better reflect their evolving brand identity or to distance themselves from past controversies.
- It gives brands more flexibility to appeal to a new customer base.
Business Models
- Value-added resellers: Enhance the value of third-party products through services, adding value for resale to end-users.
- Freemium: A pricing strategy where a basic product is offered freely, while premium features come with a fee.
- Razor and blade: Selling a low-priced razor to drive sales of high-priced replacement blades.
- Real-world examples: Apple's iPod and iTunes, Uber, and Airbnb exemplify different strategies of transformative business models.
- Pop-up retail is a trend of opening short-term sales spaces for a limited period.
- Virtual storefronts allow customers to interact with and purchase products electronically.
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Description
Test your knowledge on the life of a groundbreaking entrepreneur and beauty pioneer, Madam C.J. Walker. This quiz covers significant milestones in her career and the impact of branding in sports, particularly with Leeds United. Explore innovative contributions to beauty and history while assessing fan reactions to rebranding efforts.