Monday, December 26, 2022

The Power of First Principles

The Power of First Principles! 

By Ozan Varol

Distil a system into its core ingredients and build it back-up in a different way

Ex., Fuji Film Company:

Leaders at Fuji asked themselves : "What are the first principles - core competencies of the company that can be repurposed in a different way - What other industries could benefit from what we can offer?"

In case of the Fuji Film company, the same anti-oxidants that protected the photographic film from harmful UV Rays could do the same for the human skin - so Fuji , the photo film company diversified into cosmetics business!

Now Ozan Varol's core-competency is story-telling!



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