Cost and Value

Warren Buffett likes to say "price is what you pay, value is what you get." Like so many of his sayings, it seems simple, but then you look around and you see that common sense is often not commonly understood. This post(hattip mcd) shows how this plays out in my swamp which is consulting Pricing Strategies: “We do not compete on price. Ever. If we can't compete on value, ability, talent, and, frankly, if we can't create a better value proposition for the client, we don't want their business a