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7 Steps to Problem Solving

Skip Prichard

Technology change is speeding business up and providing an edge for disruptive innovators. 2: Disaggregate. Yes, we find the most common mistakes in complex problem solving are weak problem statements, poor problem disaggregation, and insufficient attention to good team norms. 7 Steps to Problem Solving. 1: Define the problem.

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How Demand Forecasting Can Boost Business Efficiency

Strategy Driven

Macro Demand Forecasting: The “big picture” demand forecasting technique that looks ahead at broader market conditions to help plan a business’s overarching strategies. Beyond that, there are two broad categories of methods that each type of forecasting can employ. Diversify forecasting methods.

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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

Who is the world's most innovative company? Last year , number crunchers at Forbes found that Salesforce.com is the company with the highest "Innovation Premium" baked into its stock price. Perhaps a company's ability to innovate doesn't last long. There's no doubt: measuring "innovation" is a fuzzy business.

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Traditional Strategy Is Dead. Welcome to the #SocialEra

Harvard Business Review

The fact that they are joined at the hip in so many people's minds means that marketing agencies are thriving — but that the rest of our organizations are not. They see it as the purview of two functions: marketing and service. Social can be and is more than marketing or communications-related work. But they shouldn't be.

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How To Really Measure a Company's Innovation Prowess

Harvard Business Review

Who is the world's most innovative company? Last year , number crunchers at Forbes found that Salesforce.com is the company with the highest "Innovation Premium" baked into its stock price. Perhaps a company's ability to innovate doesn't last long. There's no doubt: measuring "innovation" is a fuzzy business.

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Why AOL Should Double Down on Patch

Harvard Business Review

The startup is trying to build a platform that could replace a disaggregated network of local news sources. Consider the market. While I believe in the market Patch is addressing, some of the outcry in the press is warranted. Patch has the potential to be a truly disruptive business.

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Why You Should Let a 5-Year Old Design Your Next Product

Harvard Business Review

This five-year old is able to be the inventor without also creating a company because of a product innovation company called Quirky. In the Industrial Era, becoming an "inventor" meant you also had to create an organization that could produce, market, and sell your invention. And by "market" we mean 188 retail partners.