Archive for category: Profit per x

The 1 reason ‘Profit per X’ is the ‘nub’ of your strategy

Can you describe your strategy in a sentence? We would define strategy under Michael Porters description “A unique and valuable position involving a different set of activities (from competitors)” How is it possible to move from your current position to a ‘unique and valuable position’? I think I know what you’re thinking, ‘that’s what I want, how can I get that from this ‘1 reason’ blog post!’ Well the bad news is that it is a Read More...

Can you describe your strategy in a sentence? We would define strategy under Michael Porters description “A unique and valuable position involving a different set of activities (from competitors)” How is it possible to move from your current position to a ‘unique and valuable position’? I think I know what you’re thinking, ‘that’s what I want, how can I get that from this ‘1 reason’ blog post!’ Well the bad news is that it is a Read More...

Profit per x at Southwest Airlines

  In this interview, Herb Kelleher former CEO of Southwest Airlines talks about the Profit per X of his business and the Hedgehog concept. He also discusses how they originally set out to be the most productive short haul airline in the world, and how the Core Values were established. Also the video looks at the challenges facing the companies Profit per x of profit per fuselage today, how rising fuel prices have been a significant challenge to this, and how the companies Core Values Read More...

  In this interview, Herb Kelleher former CEO of Southwest Airlines talks about the Profit per X of his business and the Hedgehog concept. He also discusses how they originally set out to be the most productive short haul airline in the world, and how the Core Values were established. Also the video looks at the challenges facing the companies Profit per x of profit per fuselage today, how rising fuel prices have been a significant challenge to this, and how the companies Core Values Read More...

Differentiating activities – Jiffy Lube example

Founded in 1972 Jiffy Lube is a franchised drive through oil change shop that changes your oil & filters, tops up your other oils and vacuums your cars interior in less than 10 minutes and without an appointment. Unlike other motor mechanics and vehicle repair shops, Jiffy Lube is only focussed on fast oil changes at a low price and doesn’t claim to repair all problems with your car. However the items they do work on, they claim to know very well, use quality materials and provide Read More...

Founded in 1972 Jiffy Lube is a franchised drive through oil change shop that changes your oil & filters, tops up your other oils and vacuums your cars interior in less than 10 minutes and without an appointment. Unlike other motor mechanics and vehicle repair shops, Jiffy Lube is only focussed on fast oil changes at a low price and doesn’t claim to repair all problems with your car. However the items they do work on, they claim to know very well, use quality materials and provide Read More...

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