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Discovery Driven Planning

Growth insights in a 45 minute Facebook live session!

No Powerpoints, no notes, just the team at Harvard Business Review, terrific and astute questions from viewers and a white board.  Check out this free Facebook Live session that has already garnered over 132,000 views. In more news – For those with an interest, our Mastering Corporate Entrepreneurship OnLine course is now in beta – let us know if you would like to join as registrations close next week. And it is already looking... read more »

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How do we get our middle managers back into a growth mindset?

It’s been five or more years since the Great recession walloped economies all over the world, with the result that for many companies it has been a time of doing not very much but cost-cutting, downsizing, divesting and otherwise holding on to what business they can by their fingernails.  Now, as things are slowly starting to pick up and companies are beginning to once again see opportunities, they are facing... 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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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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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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Fascinating application of discovery driven planning to social ventures

My dear colleagues Jim Thompson and Ian MacMillan have just published a fascinating description of their work on social entrepreneurship, entitled "Making Social Ventures Work".  It's a neat usage of discovery driven planning in an entrepreneurial setting.  Here's how it starts:   In recent years, we’ve all experienced considerable volatility—financial breakdowns, natural disasters, wars, and other disruptions. It’s clear we need new approaches to the world’s toughest economic challenges and... read more »

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A Sample DDP for an entrepreneurial business

While looking for something else, I ran across this post which provides an outline for an entrepreneurial business using the discovery driven planning framework.  I know many of you are always keen to find additional examples and applications, so I thought I'd provide a link.  read more »

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Discovery Driven Growth - Mistakes Companies Make

CIO Magazine's recent blog post features a summary of some of the principles of Discovery Driven Growth, and links the idea to concepts of IT agility.  Wouldn't it be great if CIO's and CFO's could embrace discovery-driven principles? read more »

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Uncertainty and risk in discovery driven planning

I was recently fortunate enough to be teaching in a very interesting program for strategy consultants at IBM.  One of their senior leaders, an ex-BCG guy, pointed out to me that I really could use a picture to communicate the value of Discovery Driven Growth.  Here, therefore is his suggestion!  What it basically shows you is how uncertainty is brought down simultaneously with investment increasing so that you tie the... read more »

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20 Often-Fatal Assumptions

I am often asked by corporations to give some illustrations of assumptions that have caused  more trouble than they had any right to in the development of new business plans.  Here, for your edification and amusement, are twenty of the ones that have popped up frequently and which have often led otherwise sensible new ventures astray:   Other divisions in the company will be glad to help All we need is... read more »

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Interesting “innochat” on Twitter regarding Discovery Driven Planning

A nice shout-out to Jose Briones for moderating an "innochat" on the subject of discovery diven planning.  You can see the slides he used to introduce the subject at this link:   Slideshare.    I've been off the grid for a bit – trip to Ireland for the Senior Executive Program at the Irish Management Institute, the Microsoft CEO Summit the following week and in the last few days a "family... read more »

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Discovery Driven Planning for CIO’s

In this blog Steve Miller notes that DDP can be a bridge between 'searching' activities and 'planning' activities and suggests how the idea could be imported to the world of IT. read more »

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IDEO’s Colin Raney on the ‘large market fallacy’

This week, I’m here with a fantastic group of participants in Columbia’s Leading Strategic Growth and Change program, which I direct.  This morning’s presentation featured Colin Raney and Joe Gerber from design consultancy IDEO .  We had a great morning.  Colin and Joe described how IDEO works on design problems and how they use Discovery Driven Planning to model business designs just as they traditionally have modeled product designs.  Then,... read more »

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Event Alert - MacMillan talks about Discovery Driven Growth

Esteemed colleague and co-author MacMillan will be giving a talk in Philadelphia on Nov. 18.  Check out the details here.. read more »

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Heard on the Street - Discovery Driven Planning Changes Leadership Decisions - at Harvard, no less!

One of our dear colleagues at Wharton happened to be teaching at a conference up at Harvard Business School.  He was kind enough to report the following exchange to us: Dear Mac – I just came back from a long conference at HBS that included a lot of business people and HBS alumni.  The discussion came up about best advice for pushing their leadership team, and one of the business... read more »

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