Tag Archives: execution

Innovation Is Never One Thing (Actually It’s 3 Things)

What is the Foundation of Innovation?

Every entrepreneur dreams of having that single moment of epiphany where everything falls into place. Many search for their entire careers for that one big idea that will make the difference between incredible success and frustrating mediocrity. Few ever find it and many that do end up crashing and burning along the way. The truth is that innovation is never ...

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Strategy versus Execution – a Meaningless Distinction

Strategy versus Execution - a Meaningless Distinction

Over at HBR blogs, there is a wonderful debate on the subject of strategy between Roger Martin, who authored the post Stop Distinguishing Between Strategy and Execution, and Don Sull, an MIT scholar who believes there’s a meaningful distinction between strategy and execution. Normally, I don’t bother looking at comments to blogs because in today’s social media-driven world they generally ...

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What Drives Your Organization?

As strategy and innovation consultants, we get called in to organizations when they are exhausted from trying to grow significantly and not meeting their goals. In most cases, the organization is trying to do too many things without a way to tie them into a coherent meaning. Most of them need to either discover or rediscover and articulate what we ...

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The Only Three Swim Lanes that Matter to a Business

  In the course of my training with business leaders, we inevitably come to the existential business question… “What is the purpose of a business?” This is a great question, and one with a very simple answer. The purpose of a business is to create value. That’s it.  To create value.  Plain and simple.  That is what a business does. ...

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3 Fatal Flaws Limiting Project-Based Innovation

3 Fatal Flaws Limiting Project-Based Innovation

When people talk about innovation, many of the conversations gravitate towards the creation or invention of new products or markets. Fewer conversations focus on how innovation occurs in the context of professional services that deliver project or program outcomes for clients. In examining the typical life cycle of professional services projects, there appear to be at least three fatal flaws that limit ...

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Talent, Design and Execution

A Perspective on Innovation from Football I like sporting analogies for business, especially football (soccer).  Football is known as the beautiful game, not just because it is often spectacular to watch, but for its glorious unpredictability.  Who have could have foreseen that Leicester City could win the English Premier League at odds of 5,000/1?  Or that Manchester United could win ...

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Dell – Take the Money and Run! Innovation Trumps Execution

Michael Dell has put together a hedge fund, one of his largest suppliers and some debt money to take his company, Dell, Inc. private. There are large investors threatening to sue, claiming the price isn't high enough. While they are wrangling, small investors should consider this privatization manna from heaven, take the new, higher price and run to invest elsewhere - thankful you're getting more than the company is worth.

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