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Mapping out a smart start-up

A post at http://www.startupsmart.com.au discusses the discovery-driven approach to starting up a company, and credits Rita McGrath and Ian MacMillan’s article. read more »

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Rita’s talk picked up by the Times of Trenton on Discovery Driven Planning

The Times of Trenton has picked up some topics from my talk on discovery driven planning at the Princeton Chamber of Commerce.   It was a fun and lively session and the Chamber folks ask great questions! read more »

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“Business prof urges fact-based approach during difficult times”

Trenton Times, October 8, 2010: Business owners and entrepreneurs need to approach new projects with a different mindset today than the one they use during times of economic stability, says Columbia University Business School professor Rita Gunther McGrath. Speaking to the Princeton Regional Chamber of Commerce yesterday, McGrath outlined strategies that focus on demonstrable facts and regular checkpoints of progress rather than what she called the less-effective “damn the torpedoes”... read more »

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A nice comment from Barbara Figge Fox, an observer of the Princeton Scene

Barbara Fox mentions my upcoming talk in her blog Princeton Comment.  In particular, the idea of failing fast and cheaply appeals to her.  read more »

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The Bose VideoWave knocks my socks off!

I was recently privileged to have a demonstration of the Bose Video Wave System and was completely bowled over.  We have been struggling for years and spent a lot more money than I care to even think about to get a decent sound system in our living room.  Bose has really cracked it – it's simple, it's elegant and the sound is awesome. Bose is a very interesting company – they... read more »

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Bangkok Times quotes Rita McGrath

In an article entitled Supply Chain Dynamics in the New ‘Servicised’ World: The idea of “servicising” has been around for decades. It describes the process of shifting a company’s business model and mindset away from selling products to converting those products into commoditised services that are harder for consumers to shop around for and compare with one another. The aim is to maximise and recapture the end-of-life value of products….Rita... read more »

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India Invents reviews Discovery-Driven Growth book

In this book, Rita McGrath and Ian MacMillan show how your company can achieve ambitious growth targets without hugely expensive and uncontrolled gambles.The techniques presented are appropriate for new growth initiatives: new ventures, new businesses, new product lines, new franchises, new locations, new markets, joint ventures, strategic alliances, and even potential mergers. One of the frameworks given in the book is Opportunity Portfolio, a visual map of major initiatives going... read more »

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It’s The Time to Plan But Most of Us Aren’t Very Good At It

Bryan O’Rourke, a strategic adviser, author, presenter and contract executive lauds Rita McGrath and her blog: “If you’ve followed me for long, you know I am a big fan of Rita McGrath. Well it’s that time of year for many of the companies I have an ownership stake in, as well as for my strategic partners and clients – we are planning for 2011. Rita is on point about how... read more »

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Overheard at the Microsoft CIO Summit

Last year more transistors shipped than there were grains of rice grown in the world.  That's an amazing statistic.  read more »

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Rita’s Golden Rules for E-Mail resonates!

Julie Wasson, a marketing consultant, has posted Rita's Golden Rules for E-Mail, originally published in the Harvard Business Review.   Internet Related Technologies expanded upon Rita's Golden Rules, for attorneys. read more »

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Management Tip of the Day—Don’t Avoid Risk But Prepare For It

Reuters re-posted a Don’t Avoid Risk But Prepare For It management tip from Rita McGrath’s The Benefits of Thinking the Unthinkable Harvard Business Review post. read more »

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Discovery Driven Planning Makes an Impression on CFO’s

A few months ago, I had the pleasure to give the keynote speech at the annual CFO "Core Concerns" conference published by CFO Magazine.  The topic – how can you invest in growth, while containing risk – seemed to resonate with the folks gathered there.  You can read the lead story in CFO Magazine by clicking here.  I found it most gratifying that several CFO's and other business leaders that... read more »

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Rita McGrath interview on American Entrepreneur Radio

David Iwinski of America Entrepreneur Radio talked with Rita McGrath about her book The Entrepreneurial Mindset: Strategies For Continuously Creating Opportunity in an Age of Uncertainty. To listen to the interview, click here. read more »

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Financial Times quotes Rita McGrath

A Financial Times article entitled How do I get my staff to kick their post-holiday blues? quoted Rita McGrath: Post-holiday let-down is emotional and requires an emotional response. Break the re-entry into three stages: catching up, letting go, and moving on. The catching up stage for many employees can induce despair. Ease the burden – declare an e-mail moratorium and hold off on more assignments. It deals with the work... read more »

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An application of Discovery Driven Planning by one of Mac’s students

Mac teaches Discovery Driven Planning in his entrepreneurship classes at Wharton, and received the following story about how one of his students applied DDP: Mac, I took your MGMT 802 class earlier this year.  I'm working for a start-up in D.C. this summer, and I wanted to share with you how incredibly helpful the DDP process has been. The founders are in the process of raising money and had built... read more »

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