Nascar racing and Our Open Business Model Part 2

This is our second post about notes we have taken about the concept of the Open Business Model and how it could be used in our Nascar Team Organization. This allows anyone that wants to contribute to the team to get involved and share their thoughts, feelings and knowledge with us.

We will start posting comments on many of the notes and explain in more detail how they can be used in our organization.

Thanks for your time

Doug

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A set of fundamental reasons for a company’s existence beyond just making money. Your purpose should be timeless and enduring—“a good purpose should serve to guide and inspire the organization for years, perhaps a century or more.”

We are in the freedom business like Southwest Airlines—to make this membership as available and as flexible for average Americans, as it has been for the well to do.

Disruptive Business Strategy

Southwest Freedoms
Freedom to learn and grow
Freedom to create financial security
Freedom to work hard and have fun
Freedom to create and innovate

You are giving people the freedom to ________________

“ME TOO” WON’T DO

Corporate strategy has been to mimic other companies

Mimicry

Big companies have been content to compete from virtually identical strategic playbooks and to vie for advantage on the margin
Whose products can be a little better?
Whose costs can be a little lower?
Whose target markets can be a little more attractive?

Compare the following for virtually identical strategic playbooks
GM versus Ford
CBS versus ABC
Coke versus Pepsi
American Airlines versus Delta Airlines

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If you know the names and contact info for people already working with Nascar Racing Teams or inside the Nascar Organization, we would certainly appreciate you contacting
us with the informationand how you know them. We are starting our "Little Black Book" and can use your help.

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Something genuinely new alters the trajectory of the industry:
The rise of the sport utility vehicle or 0% financing in the auto business
The creation of reality programming in the TV business
The ubiquity of bottled water and natural drinks in the beverage business
The creation of low cost airlines

You can become the author of your own destiny

Whatever I can imagine, I can accomplish

Mass Collaboration

Employees drive performance by collaborating with peers across organizational boundaries, creating what we call a “wiki workplace.”

So-called supply chains work more effectively when the risk, reward and capability to complete major projects-including massively complex products like cars, motorcycles and airplanes, are distributed across planetary network of partners who work as peers.

We The People

Profiting from Collaborative Anarchy

Please Register to Participate

The Power Of Us

Creating a New Page in Business History

Unleashing Our Collective Genius

(Your Input Needed Here)

Some of the largest blogs receive a half a million daily visitors, rivaling some daily newspapers

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