Posts Tagged ‘innovation strategies’
Finding the Force: Continuous Improvement and Meeting Goals 🆕 (1/6)
A critical part of business planning is preparing for things to change. The better you can control that change, the easier it will be. How do you control change? Use a mission statement. It’s easy to innovate with a great mission statement. Stay on mission A good mission statement guides your employees. It guides their…
Read MoreThe Shakespeare challenge🎭: how your business can be as creative as the bard
It is said that Shakespeare invented 1700 new words. Amongst these 1700 are: You may notice a pattern here: these new words are simply variations and new uses of existing words. Inventing is just adapting what’s already there. Why be as creative as Shakespeare What does this have to do with business? In business management,…
Read MoreWhy would anyone buy your product? The formula for business traction 🛍️ (4/6)
We have come, according to Forbes, to the 8th slide in your presentation, and it is finally time to talk about your product. Even more important than what your product (or service) does is why it’s appealing. What is traction Your business should have traction. In other words, have clients, momentum, and interest. So we…
Read MoreThe easiest way to be better than the competition is to be different🦾 (1/4)
You will never be the only business offering what you offer. You will always have competition. Some of your competition will look and sound a lot like you. Some won’t. But they will exist and they will try to attract your clients. What should you do? Be better? But better than what? And according to…
Read More3 must-know essentials to grow your business
You want to grow your business. Why else would you be in business if not for some type of growth? After all, growth brings you more than just revenue. It is also about new opportunities, new clients, additional products or services, stronger bargaining power, better talent, and especially: increased value for a future exit. Growth,…
Read MoreAre you achieving all of your goals on time?
The next question is: does it matter? What’s most important to you when it comes to achieving your goals? Meeting a deadline Checking a “completed” box Creating new value in your business You probably know where I am going with this: goals aren’t about dates and times. Goals add value to your business. What has…
Read MoreThe historical lens of lessons learned
One of the challenges of studying history, classics, and the past, is knowing how to read stories through the right lens: is it ours, or is it the lens of the time? Do you know how this comes up in business? In your Lessons Learned. Lessons Learned After a major project or process update, you…
Read MoreThe best lessons are the ones we learn
There’s nothing wrong with things going wrong in business. Do you remember Apple’s first hand-held device, the Newton? No? That’s ok, neither does anybody else. Managerially the company did everything right and yet the product was a huge flop. But the brand didn’t disappear, and 13 years later they launched the iPhone, which quickly set…
Read MoreInnovation happens when you think inside the box: start with the everyday
Innovation happens when you are good at something you do… and then you do it a little bit better. Innovation matters because it ensures that you are always doing things in the best possible way. “Innovation is about tweaking systems that are already faring well”, according to Business News Daily. It’s the little changes you…
Read MoreThe single best business tool you can ever use
Adapt tools to your needs, not your needs to the tools. When you turn to the tools, start with the best one. The one tool that will solve problems and get you started on every project. The tool from which any other tool can be built. A list. Why lists are the single best business…
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