Remove Business Model Remove Focus Group Remove Management
article thumbnail

RESISTANCE TO CHANGE RECONSIDERED

Lead Change Blog

While change management is sometimes couched as being all about “winning hearts and minds,” the truth is more nuanced: change comes with a cost — and is not necessarily positive for all stakeholders. Use polarity management as an avenue to address resistance. Job insecurity. Misaligned reward systems. Fear of failure.

article thumbnail

5 Leadership Lessons for Every Entrepreneur

Strategy Driven

From analyzing the regulatory environment and building the right team to deciding which risks to take and managing and mitigating these risks by devising effective strategies, an entrepreneur is responsible for playing many roles all at once. Putting customers at the center of your business model has many benefits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Guide to Starting Your Own Small Business

Strategy Driven

If you think your business will be able to bridge a gap that your competitors can’t, then you’ve got a solid business idea. If you’re hesitant to start a business, you can consider opening a franchise. The business model, brand following and concept are already taken care of; all you need is funding and a good location.

article thumbnail

Will We Ever Be Empowered With Our Own Data?

The Horizons Tracker

Data is the stock and trade of the digital economy today, with the standard business model being to offer free or marginal cost services to users in return for free access and ownership of the data they generate whilst using those services. This data is then monetized in a variety of ways. ” Bringing data to life.

article thumbnail

How Johnson & Johnson and American Express Are Developing Young Leaders

Harvard Business Review

The study examined the management and development preferences of America’s young and rising corporate leaders. What might business models of the future look like? Their reasoning: Five years from now, successful companies will increasingly employ innovative business models that no one currently thinks are feasible.

article thumbnail

31 Innovation Questions (and Answers) To Kick Off the New Year

Harvard Business Review

As Drucker said, "the customer rarely buys what the business thinks it sells him;" look for a job-to-be-done, an important problem that is not adequately solved by current solutions. Start with deep ethnographic research; avoid focus groups! What is a business model (and how do I innovate one)? How should I look?

article thumbnail

Your Innovation Problem Is Really a Leadership Problem

Harvard Business Review

I featured Ronn, a former P&G executive (and current executive coach and entrepreneur), in several places in The Little Black Book of Innovation , most notably for his rant against the evils of focus groups. Ronn is thoughtful, widely read, a seasoned practitioner, and a great communicator.