Conviction Matters More Than Courage in Breakthrough Innovation “It’s like going to a casino where you don’t know the rules or the payout. You’re not going to place a big bet there.” – Director of Engineering Most people think innovation takes courage. And yet, I have found that the leaders who move boldly on …
How To Transform Ordinary Teams Into Breakthrough Innovators “There’s no such thing as a creative or uncreative person or team; only people who are trained in creativity or untrained.” (Inspired by Jim Kwik’s insight on memory training) I hear leaders bemoan two common innovation struggles that, in reality, have the same root cause. First, some …
Million Dollar Mindset: Think Like a Customer Do you ever wonder how some leaders and teams consistently innovate, differentiate, and achieve predictable revenue growth, while others seem stuck spinning their wheels? On a recent episode of the Million Dollar Mindset podcast, I explored what it takes to think like your customers, anticipate their hidden needs, …
The Hidden Problem That Stops Most Innovation In Its Tracks Misunderstanding Customer Needs = Innovation Failure Innovation often fails because companies don’t truly understand what their customers want. Too many companies optimize existing products, chase fleeting trends, and build features based on gut instinct. This approach turns innovation into a frustrating, costly guessing game. But …
The Hard Truth I Learned About Innovation—And How You Can Avoid It I first got involved with innovation professionally back in the early 2000s when I was working with a strategy consulting firm, helping large B2B clients drive revenue growth in their key accounts. Part of my job was to conduct interviews with key account …
Do You Know the Crux of Your Growth Challenge? Richard P. Rumelt, famed strategy professor and author of The Crux: How Leaders Become Strategists, defines the “crux” as the most critical aspect or central issue that must be addressed to unlock the path to achieving your strategic objectives. It’s the pivotal part of the problem …
Why Most Innovation Fails – and How to Fix It Innovation is a buzzword in every industry. CEOs and product leaders pour time and resources into brainstorming, experimenting, and iterating, hoping to create the next big thing. But the results are often disappointing. Why? Because most leaders confuse innovation with creativity and invention. They treat …
An Amazing, Predictable Way to Innovate (That Most Companies Miss): Nail the Customer’s Job I enjoyed reading about a new startup called Visor recently. It’s an app designed to improve the car-buying experience. According to Columbus Business First (11/5/24), “Without a single ad, Visor has attracted some 8,000 users since its August debut, many leaving …
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