In a recent podcast by Malcolm Gladwell, he argued that the taste of the original McDonald’s Fries were central to their competitive advantage. The fact that McDonald’s changed the taste of these fries over time, and due to outside pressures, was some how eroding their competitive advantage.
I argue that he only presents one side of the argument. On one hand, McDonald’s was presenting a great tasting food that was difficult to replicate. However, McDonald’s was and is as much as an ‘engineering’ company as it was a ‘food’ company. They are very mechanistic in structure. They heavily focused on standardization - focusing on making activities that were uniform, and formalization - utilizing rules and procedures. This focus on standardization and formalization allowed them to produce a uniform product at very low costs.
I would revise Gladwell’s argument to suggest that what did happen was a clash of these two competing goals in the organization: Taste vs. Standardization. Because standardization was the driving force behind manufacturing the taste, it won out in the end. There likely was a strong belief that they could manufacture a taste that was just as good as the original fries.
Here is the podcast:
http://revisionisthistory.com/episodes/19-mcdonalds-broke-my-heartCheck out this videos:
Is It Time To Rethink The Patent System? What Is A Patent? What Are Their Costs And Benefits?
https://youtu.be/QgxXlTiClgcKnowledge As a Source of Competitive Advantage - Small Business And Startup Saturdays
https://youtu.be/vD3W44VbCQEHow To Become An Expert At Something: Deliberate Learning, And 10000 Hours Of Practice
https://youtu.be/exA0qjnX5-k************************
As a research professor of entrepreneurship, innovation, and business strategy, I discuss topics, such as behavioral science, strategy, innovation, and entrepreneurship, and apply these to my new peer proofreading and editing platform. Topics include the sharing economy, altruism, investing in technology, and bounded rationality. My favorite videos pertain to incentives, goal setting, and learning from failure to drive behaviors such as weight loss, stopping telemarketers, creating novel technologies, and creating new movements.
r3ciprocity.com: Peer proofreading and editing platform
A new platform where you can earn credits by editing other people's documents. Use these credits to have your own work edited. If you do a good enough job, you can convert these credits to money.
The goal of the platform is to get people to 'pay it forward' and help other people out by creating incentives for people to give back.
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https://www.r3ciprocity.comPlease subscribe to the Youtube channel:
https://www.youtube.com/channel/UC5spxk7bNDMGPSHjW_8ndZAAbout the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Music Video Generator
Random Pets and Animals Video Generator
Random Sports Video Generator
Random Travel and Events Video Generator
Random Gaming Video Generator
Random People and Blogs Video Generator
Random Comedy Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
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Random Nonprofits and Activism Video Generator
