In a delightful – and unexpected – turn of events, I’m going to be traveling to London to receive the Strategic Management Society’s CK Prahalad Award for scholarly impact on practice on September 17. These… Read more »
Seeing Around Corners
How’s your teaming going?
The traditional model of how teams progress goes by stages – forming, storming, norming and performing. While it’s easy to remember, teams today don’t necessarily follow that model. They’re dispersed, virtual, temporary and potentially remote…. Read more »
A Conversation with EY Entrepreneur of the Year, Stephen Bailey
Source: https://medium.com/authority-magazine/stephen-bailey-of-execonline-5-steps-we-must-take-to-truly-create-an-inclusive-representative-ed63b5576844 It isn’t just anyone who can run an organization that has an impact on tens of thousands of leaders in over 100 countries, but ExecOnLine co-founder Stephen Bailey is that person. Prompted by a… Read more »
Three Kinds of Competition to Have on Your Radar
In traditional strategic thinking, beating the competition, by finding an attractive position in an attractive industry, is the name of the game. An updated perspective suggests you need to be paying attention to at least… Read more »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »