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Phase: Stop Self Harm

Principle: Know the Details

Practice: Identify Barriers to Entry

Identify Barriers to Entry

Operation

Motivation

With a greater understanding of detail we can make decisions quicker.

Consider these first

Illustrative description

Identify those components that act as a barrier to entry into your value chain.

Detailed description

Identify those components that act as a barrier to entry into your value chain. The barrier is in form of some sort of high levels of physical, financial, knowledge, or social capital. The barriers tend to hide further down the value chain and are usually invisible to the consumer.

Reminder: Stop reading, take action

Consider next


Adapted from writings by Simon Wardley under CC BY-SA 4.0