Align Value, Profit, and People Propositions
50 questions available
Questions
According to Chapter 9, what are the three essential propositions that must be developed and aligned for a strategy to be successful and sustainable?
View answer and explanationHow does the alignment of the three strategy propositions differ between a red ocean strategy and a blue ocean strategy?
View answer and explanationWhat is the typical result of a strategy that fails to fully develop and align the three strategy propositions, as described in Chapter 9?
View answer and explanationIn the Comic Relief case study, what is the 'golden pound promise' that powerfully reinforces its value and profit propositions?
View answer and explanationWhat percentage of its donations does Comic Relief raise directly from the public, in contrast to the industry average?
View answer and explanationAccording to the analysis in Chapter 9, what was the primary reason the Tata Nano's initial success was not sustained?
View answer and explanationHow did Napster's failure to align its strategy propositions lead to its downfall, as analyzed in Chapter 9?
View answer and explanationWhat percentage of the purchase price of a downloaded song did Apple's iTunes offer to music companies, creating a compelling people proposition?
View answer and explanationWhich of the following is NOT a component of Comic Relief's value proposition for its donors?
View answer and explanationIn the context of the three strategy propositions, what is the 'profit proposition' primarily concerned with?
View answer and explanationAccording to Chapter 9, why is the people proposition often the most difficult for competitors to imitate?
View answer and explanationWhich company is presented in Chapter 9 as a prime example of achieving sustained high performance through the proper alignment of its value, profit, and people propositions?
View answer and explanationThe case of the Tata Nano is used in Chapter 9 to illustrate a failure to create a compelling and aligned proposition for which group?
View answer and explanationAccording to Chapter 9, whose responsibility is it to ensure the strategic alignment of the three propositions?
View answer and explanationWhat is one of the key activities that Comic Relief's profit proposition eliminated to maintain a low-cost structure?
View answer and explanationHow did Apple's iTunes create a 'positive reinforcing cycle of profit' across its platforms?
View answer and explanationWhile good strategy content is based on a compelling value proposition and a robust profit proposition, Chapter 9 states that sustainable strategy execution is based largely on what?
View answer and explanationHow did Comic Relief's value proposition help it avoid the 'donor fatigue' commonly experienced by other charities?
View answer and explanationWhat was the fundamental flaw in Napster's strategic approach when the record labels approached it to work out a revenue-sharing model?
View answer and explanationThe Tata Nano's profit proposition included many cost innovations. For example, its door handles were designed with what percentage of fewer parts?
View answer and explanationWhat is the core difference in the strategic pursuit of a red ocean strategy versus a blue ocean strategy regarding differentiation and low cost?
View answer and explanationIn the case of Comic Relief, the people proposition primarily focuses on inspiring which groups?
View answer and explanationWhy did Tata Motors decide against making the Nano a two-door car, even though it would have resulted in substantial cost savings?
View answer and explanationWhat is the ultimate outcome when an organization's three strategy propositions are fully developed and aligned in pursuit of both differentiation and low cost?
View answer and explanationChapter 9 describes 'corporate graveyards' as being filled with what kind of organizations?
View answer and explanationOn average, what percentage of funds do traditional UK charities receive from the public, as a point of contrast to Comic Relief?
View answer and explanationComic Relief's value proposition is built on 'fun'draising and humor. What negative feelings, commonly used by traditional charities, did it eliminate?
View answer and explanationWhat did Apple's compelling people proposition for its external partners, the major music companies, allow it to achieve for the launch of iTunes?
View answer and explanationThe Tata Nano's blue ocean value proposition offered a safe and comfortable car that was priced against which alternative market?
View answer and explanationWhat is the main reason given in Chapter 9 that executives with a strong functional bias, such as in marketing or manufacturing, cannot successfully align the three strategy propositions?
View answer and explanationWhat is the core concept of 'strategic alignment' as described in Chapter 9?
View answer and explanationIn the Tata Nano case, what was the focal dispute with the Singur community that caused the misalignment in the people proposition?
View answer and explanationChapter 9 notes that Napster had a clear first-mover advantage and was loved for its value proposition. Approximately how many registered users did it attract?
View answer and explanationWhich two strategic moves in the digital music industry are contrasted in Chapter 9 to demonstrate the crucial difference between a misaligned and an aligned strategy?
View answer and explanationHow did Comic Relief's differentiated, low-cost value proposition help it build a strong profit proposition?
View answer and explanationAccording to Chapter 9, in which situation might a company need to have two distinct value propositions?
View answer and explanationWhen asked to define blue ocean strategy, some people see it as unlocking business model innovation through strategic pricing and target costing. According to the author in Chapter 9, this view is:
View answer and explanationWhat is the systematic, dominant channel Comic Relief uses for getting contributions, making its profit proposition both differentiated and low-cost?
View answer and explanationWhat was a key design choice in the Tata Nano that helped achieve its differentiated and low-cost profit proposition?
View answer and explanationIn the case of Napster, who approached the company to create a win-win revenue-sharing model, and how did Napster respond?
View answer and explanationWhat is a key aspect of the people proposition that Comic Relief offers to its volunteers, corporate sponsors, and celebrities?
View answer and explanationWhich of the three strategy propositions is defined as the business model that allows a company to generate revenue and profit from its offering?
View answer and explanationWhile imitating one or two strategy propositions may be possible, Chapter 9 argues that imitating all three is difficult. Which proposition is highlighted as being especially hard to replicate?
View answer and explanationWhich of the three strategy propositions is focused on providing positive incentives and motivations for employees and partners to execute the strategy?
View answer and explanationThe case of Napster is used to show that a compelling value proposition is not enough for sustainability. Which other two propositions did it fail to develop?
View answer and explanationTo avoid donor fatigue and keep the event exciting, how often does Comic Relief hold its Red Nose Day?
View answer and explanationWhat was the key to Apple creating a win-win proposition for both itself and its music company partners with iTunes?
View answer and explanationChapter 9 discusses how a blue ocean strategy must be aligned. This alignment supports the simultaneous pursuit of which two strategic objectives?
View answer and explanationIn a business-to-business environment, Chapter 9 suggests a company might need distinct people propositions for which two groups?
View answer and explanationWhat principle of blue ocean strategy is the focus of Chapter 9, which aims to 'close the loop' between creating and capturing blue oceans to ensure sustainability?
View answer and explanation