![Let’s Help You Solve The Grand Equations of Business [video]](https://tkcdn.tekedia.com/wp-content/uploads/2023/02/01092246/lets-help-you-solve-the-grand-equations-of-business.jpg "Let’s Help You Solve The Grand Equations of Business [video]")
The goal of the system is to optimize factors of production and build a category-king company. We need to solve three key equations as we design this system.
(1) Great Companies = Awesome Products + Superior Execution.
We understand here that there can never be a great company without a great product or service. But how do we get great products? We need to solve another equation:
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(2) Innovation = Invention + Commercialization.
Yes, it is only when the idea has been commercialized can we be talking of it being “innovative”. Products fix customer frictions; mere ideas do not nothing. When you commercialize ideas, they become products or services. How can that be done very well? Another equation.
(3) Momentum in Business = Asset Size x Productivity.
Your business rate of growth improves when you have factors of production which are deployed in the most efficient way (analogous to the law of physics: momentum = mass x velocity). Productivity is the antenna which provides directions to the team, a critical element on those factors of production.
From Feb 6, 203, we will be solving many equations of markets and businesses. Join us at Tekedia Mini-MBA by registering today
Time for the physics of business at Tekedia Mini-MBA. Join for the grand equations and how to solve them.
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