Ironbound Consulting Group

  • Home
  • About
  • Blog
  • Vlog+
  • Home
  • About
  • Blog
  • Vlog+

Generating Customers by Creating Society Value

3/27/2020

1 Comment

 
Picture
Image: Lyft
​Corporate Challenge: Manifesting new customers from outside the market space.

Ironbound Strategy: If you never stop creating value for customers, employees, and society, new customers will overwhelmingly flock to your brand.

Ironbound Action:  California based Lyft now provides rides to people who don’t have the Lyft app, including those who don’t even have cell phones.  Lyft has partnered with rural communities such as Vernon County (210 miles west of Milwaukee) that don’t have taxi services to provide safe rides for bar patrons late at night.  Bartenders are able to call Lyft’s for their patrons using a unique dedicated service that allows upfront payment by the bar, foregoing the need for the passenger to have a Lyft account.  When brands search for new ways of creating value for society, their efforts always increase their customer base.
* The NTSB's most recent report (2016) reported that around 30 people die every day from drunk driving in the US (almost every 48 minutes) with 10,500 deaths and 290,000 DUI injuries annually.  These statistics are expected to decline with Lyft’s influence.

​** Lyft launched in 2012.  It has reported over 1 billion rides, by 30 million riders, in 2 million vehicles.  Lyft’s expected FY19 revenues is $3.5B.
1 Comment

How 21st Century Companies are Serving Stakeholders

3/13/2020

0 Comments

 
Picture
Image: Ski Chalet available on Airbnb
​Corporate Challenge:  Impressing Wall Street 
 
Ironbound Strategy:  Most investors are seeking strong sustainable long-term earnings.  Powerful brands propel in value by holistically creating value for society, employees, and customers.  Companies that serve all stakeholders uniquely align and strengthen their capabilities, ultimately forging powerful brands and consequently commanding superior returns.  
​Ironbound Action:  San Francisco based Airbnb, founded in 2008, recently updated their work mission to include creating value across all stakeholders – “serving all stakeholders is the best way to build a highly valuable business and it’s the right thing to do for society”.  The depth of value creation is at the core of attracting capital and propelling valuations.  Serving society, employees, and customers is the most valuable business strategy.  
0 Comments

    #BuildABetterWorld

    We are strategy consultants helping Sovereign Wealth Funds optimize investment strategies that leverage stakeholder values.

    We assist Board Members with steering their companies towards developing new growth opportunities that optimize creating value for employees, customers, and society.

    View my profile on LinkedIn
    Note: All blog comments containing hate speech will be deleted.

    Archives

    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015

    Categories

    All

    RSS Feed

Address
Ironbound Consulting Group
14 Wall Street, 20th Floor
New York, NY
​10005

Picture
Picture
Picture
Picture
Ironbound Consulting Group Inc was established in 2012.  All Rights Reserved. ​Copyright 2025.