Tuesday, July 29, 2025

Are App Stores Shopping Malls or Liquor Stores?


I read about this analogy in Fortune magazine.  It concerns possible age verification legislation.  

If, for example, Meta's Snap gets restricted by law from children under 13, who is responsible for checking IDs?

The App stores (Apple, Google) say that they are like a mall, and Snap would be like a liquor store in their mall, and is responsible,    Meta says that the App stores are the liquor stores, and apps are simply a variety of alcohol.  It's the liquor store's responsibility to check IDs.

It's just another example of how the digital world has become such an integral part of life that tech discussions are now around more than just software or technology.  They also revolve around society and the law.

© 2025 Praveen Puri

Saturday, July 26, 2025

Can You Give Me An Example?


Famed consultant Edgar Schein talked about avoiding misunderstandings in business discussions by "going down the abstraction layer."  He said the best way to do this is to ask "Can you give me an example?"

#strategy
#businesscommunication
#communication

© 2025 Praveen Puri

Cardinal Health CEO on Turnaround: Another Example Why Strategic Simplicity® Is Underrated


“This concept of relentless simplification and ruthless prioritization was the cornerstone of the change management and the strategy,” Hollar tells Fortune.

© 2025 Praveen Puri

Friday, July 25, 2025

Data Capture = Lottery Ticket?


The present and future require data.  Data to both train AI, and give intelligent systems the info it needs to optimize decisions. 

What if, 50 or 100 years ago, companies began recording data on their customers, parts, failure rate, etc.? Even though there was no AI or IofT back then, today that data would be valuable.

So, is your company capturing data today that maybe useful in the future?

If you think about it, it's like buying a lottery ticket.  You pay a little now, hoping for a huge payoff later.  Except that, unlike a lottery ticket, the odds are better than even that it will pay off.

© 2025 Praveen Puri

Thursday, July 17, 2025

Gambling to Beat Tariffs


Today, I read an article in Crain's Chicago Business about a Chicago toy store, Timeless Toys, that took a big chance back in Jan/Feb.  After the tariff talk started, the owner used a line of credit to buy $700,000 worth of toys.  Basically, a year's supply in advance.

Now,  the bet is paying off.  The store is able to market the fact that they have ample supplies and low prices, and so their sales are up 18.4%, year to year.

This is an example of taking strategic advantage of change, and taking prudent business risks.

© 2025 Praveen Puri

Friday, June 20, 2025

Clarity vs. Scope


Clarity vs. Scope level. Many start-ups, consulting firms, agencies, etc. "pitch" to clients with detailed slide decks detailing their capabilities, methodology, etc. But this misses the mark.


They do this because many of them came from leadership positions in larger organizations where they led transformations. However, in that position, they were at the defining scope level, which is at the tactical tier. For them, the strategic decision to do the transformation had already been made.


At the "pitch" stage, it's all about the strategic decisions of whether to do the project, and if your firm is the correct one to do it. Instead of focusing on details of methodology, you need to focus this decision around clarity of the opportunity, and its risks / rewards / benefits.



© 2025 Praveen Puri

Sunday, June 8, 2025

AI = CRM = ERP ?

The recent issue of "The Economist" raises an interesting point.  Currently, front-end vendors (such as Salesforce) and back-end vendors (i.e. SAP) don't really compete.  Many large corporations use Salesforce for CRM and SAP's ERM for the back-end (finance / supply chain).

However, both companies are pursuing an AI layer—specifically AI agents who can autonomously perform tasks.  This layer would integrate both front- and back-end applications, and promote efficiency at the client while building a "moat" for the vendor who wins the business.

This will put Salesforce and SAP into competition with each other.

They are already starting to acquire platforms that let them encroach on each other.

© 2025 Praveen Puri