Keys to Growth for 2010

While today’s post is short, it truly merits the attention of anyone still grappling with 2010 budget concerns. I’m going to share something with you that you might not want to hear, and quite frankly, something that will likely send your CFO straight into apoplexy. You don’t grow a business by shrinking it. The key to corporate growth is not ...

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Competing Outside the Box

While their competitors advertise holiday clearance bargains, Best Buy is running full-page newspaper ads to inform customers that they “…promise to be there for you and whatever you bought for as long as you need us.” Wow, Best Buy’s got your back (if you’re a customer). These are not simply platitudes. The campaign goes into tangible detail about an extended ...

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Should We Revive Dying Brands and Companies?

Or are we better off creating new ones? Does “The Circle Of Life” apply here? by Idris Mootee We make assumptions that it is the management team responsibility to extend or prolong the life of any companies even they have fewer reasons to exist. Management is different from practicing medicine, although sometimes I am called the strategy doctor. Instead of ...

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Part 1 – Three Innovation Distinctions

Last week I was with a group of extremely successful entrepreneurs in Las Vegas. I was a bit of an outlier as my background is mainly with large, multi-billion dollar businesses. Everyone else in the room came from the start-up world. Also, nearly everyone in the room worked exclusively with speakers and authors. Although I too am a speaker and ...

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Innovating Without Ignoring Today's Revenue

Scott Cook, legendary founder of Intuit, discussed in a recent issue of Inc Magazine how today’s entrepreneurs can continue to incubate new ideas while successfully focusing on today’s day-to-day revenue generation. His answer can be broken down into four keys to achieving both innovation and execution today: Make sure employees know which output metric they are responsible for and how ...

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Apple Tablet Sneak Preview

Following on from my article on what innovation an Apple Tablet might offer and Idris Mootee’s article on Apple’s 3D efforts for gaming, I bring you a video sneak preview of some of the innovation an Apple tablet might offer. This isn’t of course exactly what an Apple tablet (or iSlate) might look like, but it gives you an idea ...

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Creating Conditions for an Innovation Culture

I’ve been thinking a lot lately about “creating a culture of innovation”, which is what a lot of firms suggest they want to do. Of course this is a very lofty goal. Changing a corporate culture doesn’t happen easily, and it certainly doesn’t happen overnight. Yet clearly one of the most significant barriers to innovation is the entrenched culture of ...

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Do you have a Corporate Innovation System?

Co-authored with Peter Skarzynski, CEO of Strategos, in close collaborationwith well-known strategy guru Gary Hamel, I believe that “Innovation to the Core” (Harvard Business School Press) is by far the most important thing I’ve ever done. Lots of people have been asking me for a synopsis of the book, so here goes… Could you describe your company’s “corporate innovation system”? ...

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