Posts Tagged ‘innovation strategies’
2 Key Lessons From A Global Crisis
“Will our current self-isolation change business forever?” The question everybody is asking. People want to know if things will ever “get back to normal” and what life will look like when it does. Will it be a new normal? In two particular ways, we can hope that it will. One: Risk is real The next…
Read MoreInnovate Always
It is a growing trend to see businesses allocate specific time to strategy and innovation. And that’s a good thing. But it shouldn’t stop there. Innovation will be effective if it is based on the correct information. That information gathering should be happening continuously. Here are two ways you can build innovative thinking into your…
Read MoreFor Love of the Game
This weekend we will see the opening of the FIFA Women’s World Cup; that is the soccer world cup of women’s national teams. You may already be familiar with my soccer/business analogy, and how a well-run business also has a front office, a midfield, and a defense. Women’s soccer specifically brings us another analogy about…
Read MoreHow Do You Keep Up?
“How do you remain ahead of competitors when dealing with digital challenges?” This question was presented in a small business forum, which I frequent. Things happen quickly in digital trends, customer preferences, and life in general, frankly. When a competitor seems to be making noise, the immediate reaction is often to try to one-up them.…
Read MoreHalt & Catch Fire – Lesson
Specifically: the first season of the show Halt & Catch Fire. Spoiler Warning: I do not mention any story or plot specifics below, but in discussing the themes a certain amount of the first season is revealed. This first season of the show is about the early development of computers, it’s about disruption in a…
Read MoreTime To Dismantle Your Business
This has come up before on this blog: if you can cannibalize your business, you should. This is part of the promise of excellence that you make to your clients. To always be excellent, you must always be improving. Running a business tends to leave little time for strategic thinking. One key goal of this…
Read MoreOutside Your Comfort Zone
This expression risks going the way of Thinking Outside The Box: a bit of sound advice whose overuse has made it virtually meaningless. But it really is sound advice, so let’s take a moment for a closer look at how understanding the limits of your comfort zone – and then moving beyond them – will…
Read MoreWhy You Should Welcome Competition
There really is space in the market for more than one of you. Focus on your differences, not your similarities, and learn to carve out your niche areas. More importantly: don’t focus on your competition when considering how to innovate and develop. We’ve mentioned this before, but Stephen Fry really says it best: What is…
Read MoreTradition is not a Strategy
In business, tradition is a terrible reason to do something. “That’s the way we’ve always done it” is not an effective evaluation of strategy. And don’t even get me started on “if it ain’t broke, don’t fix it”. (To summarize my view on this: always consider fixing it, there might be a better way to…
Read MoreYour Number One Priority in Business
On a recent flight, I finally paid attention to the welcome message telling me that my (and my fellow passengers’) safety was the airlines number one priority. Wait a second, I thought. Then how will you get me to destination? We all know that in many forms of transport, the safest option is usually to…
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