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	<title>Comments on: What Business Are You In?</title>
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	<description>Where Strategy and Purpose Collide</description>
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		<title>By: Michael Wagner</title>
		<link>http://www.strategycentral.org/2008/01/what-business-are-you-in.html/comment-page-1#comment-141</link>
		<dc:creator>Michael Wagner</dc:creator>
		<pubDate>Thu, 31 Jan 2008 23:59:35 +0000</pubDate>
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		<description>Love this question!
We play it periodically as a game here.
And we insist on it as part of our work with clients.
We once asked a regional jewelry company what business they were in.
They&#039;re first answer - the diamond business.
Not an uncommon answer - we usually think we are about &quot;the mousetrap&quot;.
Their ultimate answer - &quot;the female memory making business&quot;.
Keep creating...strategic meaning,
Mike
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		<content:encoded><![CDATA[<p>Love this question!<br />
We play it periodically as a game here.<br />
And we insist on it as part of our work with clients.<br />
We once asked a regional jewelry company what business they were in.<br />
They&#8217;re first answer &#8211; the diamond business.<br />
Not an uncommon answer &#8211; we usually think we are about &#8220;the mousetrap&#8221;.<br />
Their ultimate answer &#8211; &#8220;the female memory making business&#8221;.<br />
Keep creating&#8230;strategic meaning,<br />
Mike</p>
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