From the course: How to Think Strategically
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Value creation patterns
From the course: How to Think Strategically
Value creation patterns
(bright upbeat music) - One of the things that I hope you've drawn from this course is the fact that strategy is really more art than science. And like any art form, you can draw inspiration from a wide range of places. In fact, my guess is that there are industries that you've never thought of that have the same dynamics as yours. And if you can draw parallels between the mountain that you're climbing and other industries other companies that have similar challenges, you might be able to identify tactics and strategies to help you win. Let me show you a few examples. I bet you've never thought about the connection point between movie companies and pharmaceuticals, but it's there. If you want to be an amazing movie company, it's about finding blockbusters. And the process of finding a movie that becomes culturally relevant. Starts with looking at a wide array of potential options. And then over time, whittling down…
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