Search results
1 – 1 of 1
– Discusses the importance of saying “no”.
Abstract
Purpose
Discusses the importance of saying “no”.
Design/methodology/approach
Outlines the author's view, informed by Michael Porter, that any great strategy begins with a clear list of things that one won't do.
Findings
Opines that a “list of noes” is integral to a successful strategy, in reducing a customers choices in order to avoid decision paralysis.
Originality/value
Utilizes the example of Sheena Iyengar and Mark Lepper's jame experiment, which found that the fewer choices a customer is presented with, the more likely they are to make a purchase.
Details