P

42 companies

Patagonia

Apparel - Outdoor

Patagonia proves that refusing to grow can be the most radical business strategy of all. Since 1973, founder Yvon Chouinard has deliberately chosen co...

2 mentions

Pfizer

Pharmaceuticals

Pfizer's 175-year history demonstrates five major phototropic pivots: chemicals to antibiotics (1940s), antibiotics to blockbuster prescription drugs...

2 mentions sp500

Pixar

Animation & Entertainment

Pixar proves that creativity and structure aren't enemies - they're symbiotic. The most valuable animation studio in history runs on protocols that wo...

2 mentions

PayPal

Financial Technology / Payments

PayPal's story is about strategic focus under pressure. During the 2000 dot-com crash, the company demonstrated what biologists call 'shivering thermo...

1 mention nasdaq100

Philips

Health Technology

Philips is a Dutch health technology company with €18 billion revenue (2024) that has pursued circular economy principles in electronics and healthcar...

1 mention

Pinduoduo

E-commerce

Chinese e-commerce platform that became infamous when a 23-year-old female employee collapsed and died in December 2020 while walking home from work p...

1 mention

PPG Industries

Materials / Coatings

Glass and coatings company that serves as a cautionary example of knowledge preservation failure. PPG researched chemically strengthened glass in the...

1 mention

Procter & Gamble

Consumer Goods

The consumer goods giant that learned sustainable growth requires knowing what to kill. Procter & Gamble ($84B revenue, 2024) operates one of the wor...

1 mention

Palantir Technologies

Enterprise Software / Data Analytics

Palantir evolved from obligate symbiont to facultative mutualist. Founded in 2003 to serve intelligence agencies, the company could not survive withou...

nasdaq100, sp500

Palo Alto Networks

Cybersecurity

Palo Alto Networks provides cybersecurity solutions including next-generation firewalls. First-mover advantage in NGFW and platform economics as custo...

nasdaq100

Pan Am

Airlines

Once the world's largest airline, liquidated in 1991 after 64 years due to airline deregulation and fuel crisis. Example of market collapse causing ex...

Panasonic Corporation

Electronics & Technology

Panasonic is a major electronics manufacturer with a diverse portfolio spanning consumer electronics, home appliances, automotive systems, and industr...

nikkei225

Panera Bread

Fast-casual Restaurant

Fast-casual competitor that increased food safety investments following Chipotle's 2015-2016 outbreaks, demonstrating the industry-wide deterrent effe...

Patek Philippe

Luxury Watches

Swiss luxury watchmaker exemplifying good genes signaling combined with intersexual choice. Their 'Generations' campaign (1996) perfectly courts wealt...

Patrick Industries

Building Products

Major manufacturer and distributor of building products and materials for the RV, marine, and manufactured housing industries. Provides components inc...

russell2000

PaySign

Payment Processing

Prepaid card and payment processing platform provider serving diverse markets including healthcare, pharmaceutical, and corporate. Enables electronic...

russell2000

Paytm

Financial Services/Fintech

Indian fintech company founded in 2010 as a mobile payments platform. Expanded to banking, wealth management, and insurance, serving 450 million users...

Peloton

Fitness - Connected Equipment

Peloton revolutionized home fitness with connected exercise equipment featuring streaming classes.

russell2000

PepsiCo

Beverages

American multinational food, snack, and beverage corporation. Case study demonstrating challenger satellite strategy against Coca-Cola's entrenched fo...

PepsiCo

Food & Beverages

PepsiCo demonstrates resource partitioning across beverages and snack foods with economies of scale in manufacturing. Mutualistic networks enable cros...

sp500

Perella Weinberg Partners

Investment Banking

Independent advisory firm providing strategic and financial advice to clients on mergers, acquisitions, and restructurings. Offers asset management se...

russell2000

Perplexity AI

Artificial Intelligence

Perplexity AI provides AI-powered search with citations. Platform economics challenging traditional search with predator-prey dynamics.

private

Persimmon

Construction

Persimmon is one of the UK's largest housebuilders. The company focuses on building affordable homes for first-time buyers and families. Operating nat...

ftse250

Petrobras

Oil & Gas

Petróleo Brasileiro S.A. (Petrobras) is Brazil's state-controlled oil and gas giant, operating across the entire value chain with a strong focus on de...

bovespa

PetroChina

Oil & Gas

China's largest oil and gas producer, operating within geological power law constraints where fewer than 40 supergiant oil fields originally contained...

Pets at Home Group

Retail

Pets at Home is the UK's largest pet care business. The company operates retail stores selling pet food and accessories, along with veterinary practic...

ftse250

Pets.com

E-commerce / Pet Supplies

Dot-com era pet supplies company cited as extreme cautionary example of 120% Allocation. Spent $11.8M on Super Bowl ad with only $619K revenue per qua...

Ping An Good Doctor

Healthcare/Telehealth

Chinese telehealth platform founded in 2014, addressing severe doctor shortages and hospital overcrowding in China. Pioneered AI-assisted online consu...

Ping An Insurance

Insurance

Ping An is China's largest insurance company and a leading financial services conglomerate, pioneering the integration of technology into financial se...

hangseng, csi300

Pipedrive

Technology/Enterprise Software

CRM software company cited in the chapter as an example of successful differentiation on a multi-peaked fitness landscape. While most CRM platforms co...

Plaid

Financial Technology

Plaid provides financial infrastructure connecting applications with bank accounts. Platform economics with network effects in fintech ecosystem.

private

Planet Fitness

Fitness - Gym Franchises

Planet Fitness is a fitness club franchisor with over 2,400 locations as the Judgement Free Zone.

russell2000

Plug Power

Clean Energy - Hydrogen

Plug Power is a leading provider of hydrogen fuel cell systems. The company is building hydrogen production and distribution network.

russell2000

Porsche

Automotive/Luxury

German luxury sports car manufacturer mentioned as performance comparison to Ferrari. Porsche 911 Turbo ($175,000) achieves comparable 0-60mph times a...

dax40

POSCO Holdings

Steel & Materials

POSCO Holdings is one of the world's leading steel manufacturers, expanding into clean energy materials including lithium, nickel, and hydrogen to sup...

kospi

Precision Castparts

Aerospace Manufacturing

Aerospace manufacturing company acquired by Berkshire Hathaway in 2016 for $37 billion, representing the later stage of Berkshire's radiation where ac...

Procter & Gamble

Consumer Goods

Consumer goods competitor to Unilever used as benchmark. Unilever underperformed P&G by 43% over 7 years during matrix management peak (1989-1996). Af...

sp500

Prosus

Technology & Media

Prosus is a global consumer internet group spun off from Naspers, operating and investing in online classifieds, food delivery, payments, and educatio...

jsetop40

Prudential

Insurance

Prudential is an international financial services group focused on life and health insurance and asset management, with operations primarily in Asia a...

ftse100

PT Bank Central Asia Tbk (BCA)

Banking & Finance

BCA is Indonesia's largest private bank by assets and market capitalization, known for strong retail banking and extensive ATM network. The company do...

idx

PT Bank Mandiri (Persero) Tbk

Banking & Finance

Bank Mandiri is Indonesia's largest bank by assets, formed from the merger of four state banks. The company provides comprehensive banking services an...

idx

Puma

Consumer Goods

Puma is a global athletic brand designing and manufacturing sportswear, footwear, and accessories, blending sports heritage with contemporary design a...

dax40