This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
W E OFTEN THINK of innovation as something visionaries draw out of thin air, like manna from heaven. Here’s an innovation story that’s closer to reality: It’s a story of loss, grit, and renewal. It’s also about a never-too-late approach to innovation that enabled a floundering business to launch a second golden age.
And if those dominant companies fail to adopt new technology or improved business models, and continue to pursue strategies that perpetuate what has historically helped them succeed, they may find their once profitable business declining. WHAT IS A DISRUPTIVE INNOVATION? GLOBAL CONSULTING & DISRUPTIVE INNOVATION.
As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.
Their greatest fear is no longer their closest competitor, but the startups which, although they live in metaphorical garages and have hardly taken off, have an innovation power that established organizations can only dream of possessing. The Three Tracks of Innovation. Optimizing innovation: Improving the past.
The bottom line: exercise is an important practice for effective leadership. For the past 15 years, he has been designing learning experiences for tech companies, schools, and nonprofits, exploring innovation, education, management, and personal growth. They Eat Right Dont forget about nutrition.
Management teams are always looking at the bottom linealways. Lets do the math Im not saying this to scare youIm saying it to wake you up. Over the years, youve moved up, earned those raises and promotions, and you deserve every penny. The minute you embrace change and start innovating is the minute you outpace the competition.
Here's some new research on innovation and a guest post by By Rich Wellins, Ph,D., Senior Vice President, Development Dimensions International (DDI): In the past year, innovation has risen to the top of the business agenda. It seems not a day goes by that the major media writes (or broadcasts) stories in innovation.
Featuring commentary from the leaders themselves describing how they handled each situation, it helps managers better understand not just what emotional intelligence is, or how to measure it, or how it is linked to bottom-line results: it also shows how real leaders used their emotional intelligence to deal with real situations.
It was a fitting tribute to the man who personified invention and innovation. They covered a range of devices and technologies. Today, if you want to survive and succeed, you must come up with new ideas that help you do things better. Innovation Is A Team Sport. Users Come Up with New Uses. Bottom Line.
Top Row: Steve Jobs, Herb Kelleher; Bottom Row: Steve Wozniak, Tim Cook, Colleen Barrett, Gary Kelly. He was – if you refer to technology and innovation. In Jobs case, I’d suggest this was creativity, innovation and technology. Cook’s contributions and capabilities.
These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. Tenure Inhibits Change and Cripples Innovation : Organizations that favor tenure also tend to be prone to majoring in the minors.
And the bottom line is that trust is anything but soft. Technology, social media, and the digital economy have resulted in trust incidents becoming increasingly visible to the general public. Customer satisfaction occurs when a companies products and services live up to brand promise thereby improving reputational value and trust.
This is the definition of presence, and it is only when we operate in the present that real creativity, growth and innovation occur. Bottom line…success equals focus. Is your rubber-band stretched so tight that it’s about to snap? Efficiency and productivity are not found working at or even near capacity. I Think Not.
Companies consistently get culture wrong because they go about assessing it, and attempting to manage it from the top-down, not the bottom-up. Also, start-up companies in the Fujitsu technology accelerator program work in the satellite locations as well, creating a company-startup mashup. But what does this mean?
Few things are more critical to your efforts in increasing your revenue growth and corporate sustainability than understanding the value of disruptive innovation. So why do so many established and often well managed companies struggle with disruptive innovation? or my personal favorite, “We need to focus on our core business.&#
They are the ones innovating and breaking-down barriers. Bottom line…the way you identify leaders is not through psychological profiling or some miraculous transformative process. We must slow down the technology speed and its consequences. They are the ones who have earned the trust, loyalty and respect of their co-workers.
What about competing against the innovation of others that could cause the obsolescence of your product or service? Bottom line…Just because a business has a particular advantage doesn’t mean that it can disregard sound business logic. If you don’t have direct competition you’ll surely have indirect competition.
Amazon’s business model has not only turned the retail industry and cloud computing inside out, but now its tentacles are squeezing media and advertising, and disrupting the state of technology, the economy, job creation, and society at large. How Innovation Works : And Why It Flourishes in Freedom by Matt Ridley.
The operational advantage created through effective KM should allow an enterprise to effectively address current needs as well as to strategically drive innovation and forward planning. . There is an old technology axiom that states “usability drives adoptability&#.
They were the born leaders we all grew up with. I meant this post to be more of a thinking exercise than a choosing-up sides and fighting till the bitter end drill. They were your class presidents, team captains, club leaders, and the people who held virtually all the available leadership positions you can imagine early in life.
At an organizational level have you focused so much on process improvements and incremental gains that you’ve failed to recognize opportunity and innovate? As I’ve said many times before, things don’t always have to boil down to either/or types of decisions – not everything must end-up on the altar of sacrificial decisioning.
Bottom line…if you have high employee turnover (see “ Cutting Employee Churn “), a fractured corporate culture, a lack of leadership development and mentoring programs, regressive compensation programs, and a lack of C-level focus on talent then talent cannot be your biggest asset. I Think Not.
It’s also important to understand that a toxic culture cannot exist if toxic people are not allowed to take up residence. Bottom line - toxic individuals kill productivity, and if allowed to run unchecked can have a much broader and deeper impact on an organization than one might think. I Think Not.
Bottom line…personal responsibility and accountability have always been the ultimate leadership “hot potato&# in that everyone wants to be in charge, but few are willing to take ownership of the never-ending obligations that go along with the privilege of leadership. What say you??? 2 Tweets Who’s In Charge?
How can new leaders at organizations large and small help stir things up in a positive way that produces new innovations, generates new energy and engages staff? Nadella, by contrast, set a strong direction from day one, clearly laying out a destination in his focus on “mobile-first, cloud-first” technologies.
The second trend is technology’s recognition of the first trend. First is the time pressure for our attention. People simply don’t have the time to listen to, or read, unnecessarily long forms of communication. Emails, voicemails, instant messages, text messages, blogs, Tweets, Facebook updates, etc., I Think Not.
Lost Ancillary Revenue : On average, a single account is good for a 30 -40% cross-sell and up-sell revenue increase over time as new products, services, joint ventures etc. Over a 10 year period of time, assuming only 2 annual referrals, without any cross-sell or up-sell value being added-in, you just lost another $200,000 dollars.
Bottom line…unproven leaders come with a high risk premium. The best leaders are focused on leading change and innovation to keep their organizations fresh, dynamic and growing. Bottom line – leaders who build a static business doom themselves to failure. Successful leaders focus on customer satisfaction and loyalty.
There was a lot more common thinking than critical, innovative thinking. The bottom line is that I really like him, I just wished he had more new material to share. Leaders get too caught up in trivial things and don’t pay enough attention to leadership development. Up next was Calos Brito, CEO of Anheuser-Busch InBev.
Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results. Best practice only caught up with the great thinker’s ideas in the 1990s.
As the old saying goes “you only get one chance to make a first impression,&# and often times it is the perception of appearance that determines whether or not you are even afforded the opportunity to get up to bat. The truth is most people when first meeting someone will quickly attempt to size them up.
The word no ends discussions, stifles creativity, kills innovation, impedes learning, and gates initiative. No is not all it’s cracked-up to be…Still don’t believe me? It means your vision is not understood, your team is not aligned and your talent is not performing up to par.
They also flatten compensation structures so the difference in pay-scale between the top and bottom is not astronomical. They ask good questions that open up possibilities and that help people find their own solutions. They flatten the traditional hierarchical chain of command and create networks. Allow leadership to emerge.
A person could either take several minutes to explain the evolution of technologies, mediums, shift in content paradigms, engagement practices and market dynamics that came together to make the Internet a more valuable and efficient space, or they could just utilize &# social media&# as a descriptive aid to make the connection. I Think Not.
The consequences of this approach are far-reaching, impacting not only the bottom line but also the organization's overall health and growth trajectory. Downsizing, salary cuts, and underinvestment in employee development can decrease morale, productivity, and overall company performance, ultimately impacting the bottom line.
That said, I have little use for social networking junkies who collect friends/followers/contacts just for the sake of watching the numbers go up, while adding little or no value to their network. We have all been the victim of somebody's saved up tweets-all blasting out at one time. And then the cynic in me emerges.
How many times have you put up with, or overlooked certain weaknesses in people because of their considerable strengths in other areas? The sad thing is they don’t just exist on the golf course… My bottom line is this…real leaders don’t accept mediocrity - they constantly seek improvement. Know the type?
Also, a common response is to confuse a sales engine, fulfillment process, operational process, technology platform, or any number of other areas as business models, where this is not the case. The bottom line in regard to today’s thoughts on business modeling can be summed up in the following three points: 1.)
The ecological divide can be summed up by a single number: 1.5. The social divide can be summed up by another number: 8. A small group of people that you can fit into a minivan owns more than the “bottom half” of the world’s population: 3.8 The spiritual divide can be summed up by the number 800,000. The social divide.
Bottom-Line… [link] Dr Sarah Morris Great post! Significance Your Story Matters Service Above Self Capital vs. Influence Dealing with Tough Times The Lost Art of Brevity The Leadership Vacuum Shut-up & Listen Stop Selling and Add Value Social Media Influence The Influence Factor Ideas Dont Equal Innovation Indispensable?
Bottom line…Don’t manipulate for personal gain, rather facilitate for mutual benefit. It's sad that many potential leaders look past this and end up frustrated when they can't get people to act, little do they know they haven't developed trust. Thanks for stopping by David. link] Charles Hey Mike, you hit it right on.
Don’t utilize your competitions practices, but rather innovate around them and improve upon them to create an advantage that can be leveraged in the market. A solution that is situationally appropriate and highly adaptable to unanticipated stresses is, in a way, “best&# , but rarely shows up in the “solutions&# literature.
Bottom line – If you’re a leader then you need to watch this interview. We are living in a new era of technology and understanding and Pete has his finger on the pulse of how to relate/reach individuals. His leadership is remarkable! Pete has put real life circumstances into his teachings that relate to Biblical teachings.
In that follow-up zoom call, I try to be as helpful as possible in sharing any data I’ve collected from pre-event surveys or attendee interviews I use to prepare for their event. And your conference’s impact will extend well beyond their session.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content