Innovation is NOT Inherently Risky and Messy (at least not as much as you think) Are You Generating Ideas “Blindfolded?” It saddens me to see how many firms fail when trying to create new and improved offerings to drive revenue growth. This is all too common because most firms have bought into popular misbeliefs about innovation. Most …
Is It Possible to Turn Breakthrough Innovation into Project Management? What’s the difference between project management and new product/service innovation? I think most people would say that the biggest difference is that, with innovation, companies have to figure out what their target customers want/need in addition to figuring out how to deliver results. The Jobs-to-Be-Done …
This Mindset Shift Can Deliver Huge Results The Copernican Revolution took a major step forward in 1543 when Nicolaus Copernicus published his mathematical proof that the earth revolved around the sun, not the other way around. It took many years to be broadly accepted. Evidently, it’s quite normal for people to see themselves as the …
Demystify Innovation and Growth Strategy If you want to be successful at innovation and growth, you must understand these 5 truths: 1. Innovation is not inherently risk and messy. The way most organizations go about understanding their target customers’ unmet needs is risky and messy. By dramatically reducing “market risk” (i.e., the risk that people …
Becoming An Employer of Choice I don’t need to tell you that the competition for talent is intense. Many companies continue to turn away customers because they don’t have the people to meet the demand. This was brought home to me anew recently when I got a first-of-its-kind request for a proposal. Instead of helping …
Effective Ways to Reduce Innovation Risk (Published by the American Society of Association Executives (ASAE) June 7, 2022)
How to Turn Innovation into Simple Problem-Solving
What’s Wrong with Twitter’s Strategy? Despite Twitter’s social and political influence, the business has languished. It has struggled to make a profit and the stock price has gone virtually nowhere in 10 years. The problem: It’s a classic case of a “technology solution looking for a market.” Yet, Twitter is not alone. Many companies have …
When Being Customer-Focused Isn’t Enough Many organizations proudly promote being “customer focused” in their vision, mission, values and/or culture. I think we can all agree that this is a good thing because, for starters, without customers, there wouldn’t be a business. And probably all of us can cite many reasons why we like doing business …
Input your search keywords and press Enter.