An important aspect of understanding your business ecosystem is knowing your position within it (positioning), whether you hold a higher or lower (subordinate) role, and whether your offerings are substitutes or complements. Netflix started as a DVD rental service. With the rise of online streaming, Netflix saw it as a replacement for DVD rentals. Kimbap and Ramen are complementary goods, but Ramen and Udon are substitutes. This is why, even when setting up a snack bar, paying attention to the menu is crucial. Complementary goods increase sales, while substitutes are more likely to lead to no change or even a decline in sales. - Joseph’s “just my thoughts”
The irony of sacrifice. Those primarily responsible for the problematic and troubling tasks within the organization can be viewed as possessing a strong spirit of sacrifice. All members of the organization will appreciate those who devote themselves, and others will express gratitude for the contributing members who carry the burden of hard work for them. Their relationships within the organization can also be assumed to be harmonious. However, if the organization fails to compensate these members for their sacrifice adequately, the members who benefited from it will remain, but the dedicated members may feel hurt and potentially decide to leave. Consequently, the organization could become a dysfunctional environment. - Joseph’s “just my thoughts”