Domino is a game played by placing small rectangular blocks on the floor. The blocks are normally twice as long as they are wide, and each side is marked with a value that ranges from six spots or “pips” up to none or blank. The values of the sides correspond to the numbers on a die, and the pips on a domino are usually painted in contrasting colors. Dominoes may also be referred to as bones, cards, men, or pieces.
The most popular domino game is called Draw and Go, in which players draw lines of dominoes, each ascribed a different color. The player who successfully covers all of the spots on the drawing wins. There are many other games, too. In some, the players can score points by matching dominoes. A match is made when a domino has touching ends, with a one’s end on the left of a two’s or a three’s end on the right of a four’s. Then the dots on each exposed end of the pair of dominoes are counted.
In business, we sometimes need to knock over the biggest obstacles to get where we want to be. This is why it’s important to identify the lead domino — the task that will have the greatest impact on your success. When you know which task is the lead, you can prioritize it and focus your efforts to knock it over.
For example, a small business owner may have many important tasks to complete, such as building an email list, writing articles for the company blog, updating social media daily, and running live events. Each of these tasks is important, but it’s critical to identify which ones are the lead dominoes that will drive growth over time. In this scenario, the lead would be the building of an email list because it will allow you to grow your audience and build trust with potential clients.
Another way to use the lead domino principle is to determine what your most important sales goals are and prioritize them. Then, when you are ready to make a sale, work on the first goal on your list. This will ensure that your priority is clear, and you won’t be tempted to skip ahead to more fun or less important tasks.
Throughout the years, Domino’s has built a strong reputation for delivering pizza quickly, and this remains a key driver of its growth. However, staffing shortages will likely continue to limit store count growth and promotions, which could negatively affect the company’s revenue.
Fortunately, Domino’s has some incredibly strong competitive advantages that will help it weather these challenges and remain successful in the future. These strengths include its extensive store network, supply chain efficiencies, and best-in-class ROIC. These factors will likely drive market share gains, even in the face of ongoing staffing shortages and a potentially difficult economic environment. In addition, the company’s innovative product offerings and international growth opportunities will provide a good counterbalance to these headwinds.