Monthly Archives: April 2016

Why Travel Makes You A Better Entrepreneur

Being a passionate about traveling I found that this activity may stimulate your entrepreneurial thoughts, spontaneously give you an absolutely brilliant idea, provide with the sudden solution you've been looking for so long, calm your inner tornado etc. There is something similar between unrestrained traveler and entrepreneur. Both are risk-takers anyway, both are on the search of the uncharted territories, both are adventurous enough to follow their inner compasses.

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Risk and Reward of Innovation

The concept of risk often carries an inherent bias for an established company and for valid reasons.Risk can disrupt a healthy revenue stream, a stable customer base, and upset shareholders who like predictable results. Risk is something you manage. It’s something that you mitigate, not embrace. It’s this mentality that causes companies to invest millions of dollars each year just to avoid risk.

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When Did We Stop Thinking?

The theme that really defies reason is when a whole organization or market segment falls into the trap of formal rigidity, as in “it’s just the way it is.” If you can pinpoint the era when the growth engine was put to rest inside an organization, there is a good chance you can revive it.

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Success: The one thing nobody ever tells you about failure

These days, there is no shortage of advice on how to be successful. Learning to code, creating disruption and even Montessori schools are commonly cited examples. But they are no more helpful than, “learn to do heart surgery”, “come up with a great idea and “go to Harvard.”

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Exploring Drivers of Innovation Change

I always show a particular interest in statements claiming to have identified a relevant driver of innovation change, then to think through these. Let me offer mine since using the different drivers can give you new insights into your innovation activities plus also can prompt significant changes to freshen up your innovation portfolio.

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