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Rita McGrath

Author. Speaker. Consultant.

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Thought Sparks

August 2, 2022

How LEGO used Agile Principles to Accelerate Innovation

Source:  https://www.youtube.com/watch?v=zCXMx7RcZ5I   Agile methods – in which work is done in parallel by cross-functionally staffed teams – has been the subject of a lot of hype. How refreshing, then, to discover examples of firms… Read more »

Filed Under: Business Strategy, Growth, Growth Options / Real Options, Leadership, Opportunities, Seeing Around Corners

July 26, 2022

Flywheels vs. Relationships – Why your business architecture matters to your initial marketing plan

In developing an initial marketing plan, it is crucial not to be confused about what kind of business architecture you are building in order to establish your initial metrics for success. Geoffrey Moore has a great… Read more »

Filed Under: Articles, Business Strategy, Growth, Innovation, Insights and ideas, Leadership, Opportunities, Seeing Around Corners

July 19, 2022

From Funnels to Flywheels

Traditional sales organizations used the concept of a sales “funnel” to describe the process through which potential customers move, ending up with sales at the end. Winners today have abandoned that way of thinking in… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Case Studies and Applications, Seeing Around Corners

July 12, 2022

7 Ways to Take Smart Career Risks: Lessons from Sharon Price John, CEO of Build-A-Bear Workshop

Fear is one of the great barriers to career advancement. Sharon Price John’s fabulous career is full of lessons on how to get past those fears and get out of your own way. Being afraid… Read more »

Filed Under: Business School, Careers, Customer insight, Friday Fireside Chat, Growth, Growth Options / Real Options, Innovation, Leadership, Seeing Around Corners, Thought Sparks, Women's leadership

July 11, 2022

Boris Johnson, How the Powerful Escape Consequences and Jeff Pfeffer’s Fantastic Book

One of Pfeffer’s 7 rules of power is that “Success Excuses (almost) Everything:  Why This is the Most Important Rule of All.  Which perhaps explains why Britain’s Boris Johnson was able to hang onto power… Read more »

Filed Under: Articles, Leadership, News Archives, Thought Sparks

June 28, 2022

You can’t tackle complex systems with linear thinking

As Daniel Kahnemann has pointed out to us, while the human brain is a remarkable organ, it also has its limitations. One of these is that it is built to conserve energy.  What that in turn… Read more »

Filed Under: Business School, Business Strategy, Competition, Complexity, Digital, Discovery Driven Planning, Growth, Growth Options / Real Options, Innovation, Leadership, Opportunities, Seeing Around Corners, Thought Sparks, Valize

June 22, 2022

Eyes glaze over when we talk about inflation? You’re not alone. But what you don’t know can hurt you.

Chart credit:  https://www.macrotrends.net/2497/historical-inflation-rate-by-year   For anybody born after about 1985, meaning most folks under 40, all this talk about inflation seems kind of old-timey.  Indeed, as Public Radio host Kai Ryssdal (citing a story in… Read more »

Filed Under: Articles, Careers, Customer insight, Individuals, Seeing Around Corners, Thought Sparks

June 14, 2022

Pandemic – and reopening – surprises

When an inflection point comes to a head, human beings are remarkably ingenious in adapting to its requirements. It may not be fun, but we figure it out.  But when the changes wrought by the… Read more »

Filed Under: Business School, Business Strategy, Growth, Innovation, Leadership, Opportunities, Seeing Around Corners

June 9, 2022

Thought Sparks Wrap Up – May 2022

Dear colleagues: It sure was nice to be back in person on our gorgeous new Columbia Business School campus.  My course on growth and change, called Leading Strategic Growth and Change received an evaluation of… Read more »

Filed Under: Articles, Business Start Ups / Entrepreneurship, Business Strategy, Innovation, Insights and ideas, Leadership, Thought Sparks

June 8, 2022

Who knew there is so much in common between the rare successes in mega-projects and innovation?

Photo: The Walt Disney Concert Hall in Los Angeles, designed by Frank Gehry   Bent Flyvbjerg studies spectacular mega-project flameouts.  I study (often) spectacular innovation mis-steps.  Who knew the process that produces both has so… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Growth, Innovation, Thought Sparks

June 3, 2022

Counting down Our Top Ten List of Discovery Driven Planning misses – Part 2 (5 through 1)

Through Valize, Ron Boire and I have been working with clients to use the tools we have developed to bring Discovery Driven Planning / Discovery Driven Growth to life. Although we’ve got years of experience… Read more »

Filed Under: Business Strategy, Discovery Driven Planning, Seeing Around Corners, Thought Sparks, Valize

May 31, 2022

Counting down Our Top Ten List of Discovery Driven Planning misses – Part 1 (10 through 6)

Through Valize, Ron Boire and I have been working with clients to use the tools we have developed to bring Discovery Driven Planning / Discovery Driven Growth to life. Although we’ve got years of experience… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Discovery Driven Planning, Growth, Growth Options / Real Options, Leadership, Thought Sparks

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