With any corporate venturing program, one of the most important factors that will determine financial returns is the ability to stop investing in projects that simply won’t work out at all, or will be inconsequential… Read more »
innovation
Crazy, Unloved but Potentially Transformational – What’s in your Loonshot nursery?
Author Safi Bahcall introduced the term “loonshots” to describe ventures with game-changing potential that nobody thought would work and whose champions were ridiculed. Which raises the question of how you keep the crazy ideas alive… Read more »
It worked great, until it didn’t: The surprising, but perhaps foreseeable, shutdown of Drinkworks
Two companies needed a new growth vector. One was great at branding alcoholic beverages. The other was great at making home appliances that customers could use to create self-serve beverages. A match made in heaven!… Read more »
Happy 2022 – Building New Skills for the New Year!
Grateful to you in ‘22! It was a joy to be able to spend time virtually – and in precious rare cases – in real life – with you over the past year. I appreciate… Read more »
Uncertain about the future? A well-defined strategy can help
The word “strategy” has come to mean anything in an organization that is important. But great strategies drive real purpose and decision-making. Define one that is meaningful, and you can guide real-time choice-making across your… Read more »
The latest for the Flops File – Zillow Offers
It takes a special combination of ingredients to land in my “flops” file. You have to lose your parent company at least $50 million. You probably started out with big ambitious goals, all-at-once funding, leaders… Read more »
10 Questions to Ask Before You Believe in a Business Model
Some business models are inherently more attractive than others, yet investors and other stakeholders often don’t ask the obvious questions. Here’s a checklist that makes sure you are not one of them. People like to make… Read more »
Upcoming Friday Fireside Chats
I’m hosting a series of fireside chats with people who have insightful ideas and actionable suggestions about how we navigate this unprecedented crisis. Do join us! About me: I’m a faculty member at Columbia Business… Read more »
Upcoming Friday Fireside Chats
I’m hosting a series of fireside chats with people who have insightful ideas and actionable suggestions about how we navigate this unprecedented crisis. Do join us! About me: I’m a faculty member at Columbia Business… Read more »
Upcoming Friday Fireside Chats
I’m hosting a series of fireside chats with people who have insightful ideas and actionable suggestions about how we navigate this unprecedented crisis. Do join us! About me: Rita McGrath is a faculty member at… Read more »