In the heady days of coming up with what you think is a breakthrough idea, it’s easy to get carried away by assumptions. Forcing yourself to create a deliverables specification can create powerful discipline. Entrepreneurs… Read more »
Business Strategy
We need to talk about five mechanisms to avoid future catastrophe.
Humans are surprisingly adaptive creatures – many of the changes wrought by the pandemic would have been unthinkable in an earlier era. And yet, we’re also remarkably blind to changes happening right under our noses. … Read more »
You asked, We Answered: Questions on Innovation
Drop in on the Q&A portion of a recent innovation conference, sponsored by my colleagues at Visagio. I gave the keynote speech about Seeing Around Corners and the criticality of innovation. Here is an excerpt… Read more »
Inflection Points Shift Key Metrics – Are You Paying Attention?
A potentially game-changing inflection point shows up when the key metrics underlying your business have the potential to change on a 10X scale. Here’s where to look to see if that is happening. As I… Read more »
Thought Sparks Wrap Up – July 2021
Dear Colleagues, Welcome to the monthly wrap-up of my weekly Thought Sparks newsletters. A no-nonsense guide to measuring innovation mastery (July 6, 2021) What is it like to work in an organization that has attained… Read more »
The Lesson of the Direct to Consumer Revolution: Strategy 101 still matters
Every so often a new business model, often enabled by technology, takes the world by storm, attracts a lot of hype, eventually proves unable to live up to the headlines and disappears or becomes a… Read more »
Thought Sparks Wrap Up – June 2021
Dear Colleagues, We’re changing things up a little with the RMG newsletter! I’ll be summarizing my weekly Thought Sparks and pointing you to other useful resources as we go, Not Buying It – When your biggest… Read more »
On the folly of rewarding for business-as-usual when you are hoping for innovation
Even with the best intentions, reward systems in corporate life all too often mean that most of the people you need supporting innovation work flee from it. Here are some ideas for getting a better… Read more »
Not Buying It: When your biggest challenge is non-consumption
We’re used to thinking of competition as the biggest challenge for getting customers to buy from us. But a much bigger challenge is non-consumption – especially when the reasons people aren’t buying have more to… Read more »
Focus and the Mission Driven Organization; It Doesn’t Have to be So Hard
Nonprofit organizations are expected to deliver results on multiple fronts. The result can be a nightmare for prioritization. A simple framework that spells out the tradeoffs between mission, resources, advantages and impact can help sort… Read more »
Strategy and the Resource Hostage Problem
The old watchword, “follow the money” will give you great insight into what really matters in any organization. It will also show you where the most significant blockers to transformation are likely to be. If… Read more »
Landing at the end of the road: Verizon’s decision to disengage from its media strategy
The very human tendency to continue to pursue a failing project, strategy or investment just increases the suffering when the inevitable happens. What are some indicators its time to pull the plug? Verizon’s recent decision… Read more »