Tag Archives: disruption

Forget Your Business Plan. Create a Strategy Map.

Strategic plans become outdated the moment they’re created. Instead, create a one-page strategy map. Having run the internal strategy consulting group at HP, and then consulting to both startups and big companies like Disney, Visa, Colgate, Medtronic and others, I’ve created hundreds of strategic plans. Business strategy used to be a clear and methodical process. No more. Today’s discontinuous technologies and disruptive change have reinvented the ...

Read More »

Amazon’s Success Boils Down to Six Building Blocks

Replicate Amazon’s secret formula for winning big in the digital age Having run strategy and leadership development programs across the Fortune 1000 for over the past 25 years, I’ve seen lots of business models. As I highlighted in a prior article on The Future of Seamless Shopping, nothing currently parallels Amazon when it comes to innovation. Amazon’s management system is designed for speed, agility, and scale. ...

Read More »

How Big Companies and Startups Use Co-Creation to Innovate

The latest research says “co-creation” is an untapped opportunity for innovation. Here’s how to do it. When I ran the internal strategy consulting group at HP, we constantly asked ourselves, “how can we get our $40 billion global behemoth operating more like a startup?”  That’s because like most big companies, we struggled with risk-taking and moving fast. Startups have different issues. Many upstarts ...

Read More »

Decouple the Value Chain to Drive Digital Disruption

“Decoupling” the value chain is the next big strategy for digital innovation and business models Digital disruption isn’t just about the internet or mobile technology. It’s about the digitally-driven business models that forever transform business as usual no matter what you’re doing. I recently had a chance to connect with Harvard Business School professor, Thales Teixeira, whose most recent book, Unlocking the ...

Read More »

The case for sick care improvements, not disruption

Sick care is in trouble. Many argue that we need to go big or go home claiming that we should stop tweaking the system of systems and, instead, make the existing model obsolete. However, the Moon shot mentality has many downsides. High risk high return ventures often fail, creating a lot of collateral damage. 70-20-10 is a formula that describes ...

Read More »

Here’s How You Know Your Industry Is About To Be Disrupted

On his hit HBO show Last Week Tonight, John Oliver pointed to the dangers of corporate consolidation. In a variety of industries today, ranging from airlines to healthcare to even buying a coffin for a funeral, a handful of major players dominate, which allows them to raise prices and restrict consumer choice. Anybody who has flown on an airplane in recent ...

Read More »

What You Must Consider to Remain Relevant

For some time now I have believed 70% of my knowledge is obsolete. People look at me strangely when I say this. How can all those years of experience be wasted? If you were told that students graduating in 2016 will have obsolete qualifications for which there will no longer be a profession by 2025, how would you feel? Devastated ...

Read More »