Strategy

3 Innovation Lessons from Louis C.K.

Despite all the talk of disruption and rapid Fortune 500 turnover it can feel like the same old brands are touted as the titans of innovation year in and out. In this multi-part series I’ll look beyond the beloved behemoths and startup darlings to discover innovation inspiration in unlikely sources — NPR, opera & stand-up comedy.

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Strategy Sprints – A DIY Guide

The word sprint means different things to different people. A runner thinks of it as a race, a mad dash of a few seconds. A software developer practicing "agile" thinks of it as a short, iterative cycle of work, often weeks or months, rather than seconds. An entrepreneur practicing "lean startup" methods thinks of it as minimally viable product development effort of a week or less.

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One Thing Never to Do When You Negotiate

Negotiation may well be the single most important and yet least understood business and life skill. Most people see negotiation as a conflict between adversaries, a way to one-up an opponent through manipulation. With over 30 years of running businesses, I can tell you that nothing could be further from the truth. Negotiation is not a boxing match; it's more like a dance between strangers in which the participants need to develop a deep understanding of each other to avoid tripping over themselves.

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Poke the Box and Innovation Comes Out

Poke the Box and Innovation Comes Out

One of the best ways to challenge people’s thinking and get a group moving in a direction towards innovation is to get the group to define the box. Of course a million and one innovation and creativity consultants will endlessly drone on about thinking outside the box, but how can think outside the box if you’re not first clear on ...

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Why Being First is not Always an Advantage

Why Being First is not Always an Advantage - Innovation Excellence

As an investor, I often heard entrepreneurs claiming being first to market as an advantage. However, you must remember that Facebook wasn't the first social media platform, Apple didn't produce the first cellphone, and Dell didn't make the first PC. In fact, MySpace, Motorola, and IBM were the first in those fields.

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Top 20 Innovation Articles of August 2017

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are August’s twenty most popular innovation posts: How Behavioral ...

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Five Questions to Help Make a Tough Decision

When you’re making a tough decision it’s easy to let the wind take you for a ride. Try this instead. Leading is mostly about making decisions. Sometimes you have the wind to your back and those decisions are easy, but in most cases the wind pushes against you, making decisions anything but easy. The same applies in our personal lives. ...

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The Magic Question of Strategy

The Magic Question of Strategy

Your grand strategy seems airtight on paper. You’ve arrived at a winning aspiration. You’ve honed in on an open and attractive segment in which to play. You’ve identified the competitive advantages that will enable you to win in your chosen spaces. You’ve got the capabilities and systems to support your choices. But as the saying goes, no battle plan survives ...

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