All Business Strategies Fall into 4 Categories.

This article categorizes business strategies into four groups based on an analysis of the strategy/creativity literature. The four categories are: adaptations of successful strategies from the same industry, importing strategies from other industries, combining strategies from multiple industries, and strategies created from scratch. The article provides examples for each category, such as Shein's fast fashion approach, Best Buy's "store-within-a-store" strategy, Spotify's combination of music streaming and social networking, and Elon Musk's first principles thinking in developing reusable rockets. The article emphasizes the importance of creativity and reflection in crafting effective strategies. [Extracted from the article]