The Swedish company Klarna is a good example. It’s now so common among Swedish consumers to have a Klarna account that it’s probably the most frictionless way for customers to pay online.
I have a colleague who worked there like five years ago. She bought as much stock as she could. Once it IPO or gets acquired I suspect she’ll get a hefty contribution to her retirement.
Books are probably the only way to expose you to multiple nuances on the your personal and professional framing/narrative for both personal life and professional narrative.
Even now, I see a lot of parents/kids on weekends browsing/shopping in old style bookstores! There is a definite need. Good to see the offline stores coming back!
This story was more revealing to me on another aspect. Why don't working class kids grow quickly in a fast growing company than a elite class kid? even though the working class kid probably knows more from a depth perspective.
Strategy should be seen as broad guidelines that help middle management make effective decisions. It is supposed to be a means to reduce communication & decision making overhead. This in turn is supposed to make the large teams more focused & effective.
Strategy is a process to reach the target & not a target/goal in itself. Unfortunately, many senior executives think that strategy is all about the end goal & end up creating wrong strategies. Mostly, the middle management will hear these end goal strategies & have no idea about its usefulness. This defeats the purpose & the middle management ends up wasting more time in meetings & wasting more time instead of being more focused.
