10 Rules for Small Business Success

I attended the fantastic first Small & Special conference one afternoon in July, with more than 100 other small business owners (some just weeks into their new venture) and several excellent speakers. The energy was palpable, and the agenda was inspiring. It was clear throughout the afternoon that starting and succeeding with a small business involves a lot of hard ...

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Don't Fear Change – Embrace It

“Leading Change” is clearly more difficult than arriving at the realization that change is needed… If you want to validate the prior statement reflect back on all of the “change agents” that have crossed your path over the years and ask yourself the following question: How many of them have truly succeeded? While we’ve heard a lot about change of ...

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Is Your Innovation Drowning in Cash?

Jason Zweig writes the Intelligent Investor column for the Wall Street Journal. His recent contribution oddly echoed a query I received the prior Thursday during a speaking engagement in New York. Referencing the ‘Loss of Nerve’ principle in “When Growth Stalls”, my questioner wanted to know if it was prudent to conserve all the cash he could during the economic ...

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Innovation by Collaboration

People collaborate to innovate. But what about the other way around? Could a structured innovation approach be used to bring people closer together? In other words, collaboration becomes the endpoint and innovation becomes the means to that end? Collaboration is where two or more people or organizations work together in an intersection of common goals. Collaboration is seen as an ...

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What are you passionate about?

Visiting Panera Bread recently, I noticed employees’ name tags now include the question, “What’s Your Passion?” and the employee’s personal answer. Love the question, but I’m not sure about this application. It forces an employee to disclose what might be very personal information or fudge, sharing something more generic and not really a passion at all. For instance, the person ...

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Is Innovation Helped or Hurt by Self-Censorship?

I came across this interesting perspective on the blog of Mark Turrell, CEO of idea management software company Imaginatik, in his post Myth #3: “We need lots of ideas”: The next time someone tells you that you need lots of ideas, stop, think and work out the outcomes you want before you go collecting thousands, and thousands, and potentially more ...

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Even Sheep Avoid the Commodity Trap

One of the unwritten rules of Lovemarks is don’t get stuck in the commodity quadrant, the realm of raw products and raw actions. For service industries like travel, this is unforgivable, which is why I will only fly on an American airline out of desperation or duress. For land based industries which originate in the commodity zone, global integration has ...

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Top 10 Tips for the Innovation Leader

1. Have a Vision for Change You cannot expect your team to be innovative if they do not know the direction in which they are headed. Innovation has to have a purpose. It is up to the leader to set the course and give a bearing for the future. You need one overarching statement which defines the direction for the ...

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Congratulations to the BIF-5 Contest Winner

Voting is now closed, and we have a winner for my ticket to the Business Innovation Factory (BIF-5) conference October 7-8, 2009 in Providence, RI. Here again were the Three Finalists: Creating a Bachelor of Innovation by Dr. Terrance E. Boult, University of Colorado at Colorado Springs Breaking Innovation Barriers by Looking Beyond by Vyoma Kapur, Colspark LLC A Nightmare ...

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