Entity Dossier
entity

Cornell

Strategic Concepts & Mechanics

Signature MoveOblique Messaging for Direct Truths
Cornerstone MoveFlip the Frame Before Solving the Problem
Signature MoveClever and Lazy Beats Clever and Busy
Competitive AdvantageBrands as Non-Shitness Guarantees
Operating PrincipleSerendipity as Engineerable Asset
Signature MoveKill Anxiety Before Building Preference
Signature MoveSatisficing Over Maximising as Default Lens
Strategic PatternSocial Embarrassment as Purchase Governor
Cornerstone MoveFind the Missing Third That Logic Won't Tell You
Signature MoveTransaction Cost as Hidden Competitor
Competitive AdvantageOverheard Signal Beats Direct Message
Decision FrameworkPath Dependency Precedes Brand Choice
Cornerstone MoveSteal From Adjacent Fields, Not Your Own
Risk DoctrineNaked Greed Destroys Brand Value
Strategic PatternSmall Can Charges More Than Big Can
Identity & CultureIdeals Outlive Strategies
Decision FrameworkFree Lunch Gut Check Decision Filter
Operating PrincipleWrite Great Last Chapter Recovery
Signature MoveFive A's Mistake Recovery Protocol
Signature MoveTrailing as Combined Training-Audition
Decision FrameworkExcellence Reflex as Core Hiring Trait
Operating PrincipleCharitable Assumption as Default Mode
Strategic PatternContext Over Location Doctrine
Signature MoveConstant Gentle Pressure Leadership
Signature MoveEnlightened Hospitality Priority Order
Cornerstone MoveContext-First Restaurant Creation
Identity & CultureAgents Not Gatekeepers Culture
Signature Move51-49 Emotional-Technical Hiring Formula
Cornerstone MoveEmerging Neighborhood Location Strategy
Strategic PatternCommunity Investment as Rising Tide
Competitive AdvantageTurn Over Rocks Information Strategy

Primary Evidence

"Champagne cocktails: A glass of champagne cannot be improved upon by adding fruit purée, sherbet around the rim, or an indoor sparkler, and then charging £15 plus 15% service for the privilege. All these things, and the ones that you add, form part of a wider economic question. To what extent are our wants and desires shaped contextually by the lifestyles of those around us, rather than by any absolute need? As Robert H. Frank, professor of economics at Cornell, asserts: “Local context shapes perception of quality, the demand for which knows no limits.” Or, in layman’s language: “When you’re surrounded by rich gits, it’s hard not to act like a bit of a git yourself.” When just a few of those gits lose their jobs, the rest of us, perversely, may become a lot better off."

Source:Rory Sutherland

"One day at Tabla a woman walked in for lunch and realized that she had left her wallet in the taxi. A summer intern from Cornell was working at the front desk that day and did his best to comfort the shaken woman, reassuring her that we’d of course extend her credit, and urging her to relax and enjoy lunch. That was good, but I thought we could do even better. I got Tabla’s general manager, Randy Garutti, involved. “Randy,” I said, “this woman is going to tell the whole world that she left her wallet in a taxi while she was on her way to Tabla. I know we can create a legend out of this somehow.” I didn’t give Randy a script to follow. But he knew exactly what I meant by creating a legend. He spoke to the woman and learned that she had also left her cell phone in the cab. He immediately had a staff member start calling her cell phone number. Meanwhile, the woman was seated, her friend arrived, and they ordered lunch. After half an hour of persistent redials, a man’s voice finally answered her phone. It was the taxi driver, who was by now way up in the Bronx. He confirmed that he had the wallet in his car too. Unbeknownst to the woman, we sent a staff member uptown to meet the driver and retrieve the wallet and cell phone, both of which were in her hands before the check for lunch was on the table. She was amazed and obviously delighted. We had turned a nightmare into a legend of hospitality. Our round-trip taxi ride had cost $31. I’d be surprised if the woman hasn’t already given Tabla 100 times that value in positive word-of-mouth."

Source:Setting the Table

Appears In Volumes