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Rita McGrath

Author. Speaker. Consultant.

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Innovation

August 24, 2021

The Discipline that Turns Vision into Reality

In the heady days of coming up with what you think is a breakthrough idea, it’s easy to get carried away by assumptions. Forcing yourself to create a deliverables specification can create powerful discipline. Entrepreneurs… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Discovery Driven Planning, Growth Options / Real Options, Innovation, Seeing Around Corners, Tools, Uncategorized

August 10, 2021

You asked, We Answered: Questions on Innovation

Drop in on the Q&A portion of a recent innovation conference, sponsored by my colleagues at Visagio. I gave the keynote speech about Seeing Around Corners and the criticality of innovation. Here is an excerpt… Read more »

Filed Under: Business Strategy, Innovation, Innovation Maturity Scale, Uncategorized

July 27, 2021

Key Ingredients of a Killer Prototype

We often think of prototyping as something only a gifted designer or developer can do. But there are lots of examples in the real world of how ordinary people can pull it off.  If you… Read more »

Filed Under: Checkpoints, Customer insight, Discovery Driven Planning, Innovation

July 6, 2021

A no-nonsense guide to measuring innovation mastery

What is it like to work in an organization that has attained high levels of innovation mastery?  It’s growth-oriented, future-focused and unrelentingly positive.  And by taking small steps, the place you work can be more… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Innovation, Innovation Maturity Scale

June 29, 2021

The Future is Already Here Department: Hololens 2 Edition

Strategic inflection points create a 10X shift in your business – 10X more efficient, 10X more convenient, 10X easier – you get the idea. But they take a while – let’s look at one in… Read more »

Filed Under: Case Studies and Applications, Digital, Innovation

June 22, 2021

On the folly of rewarding for business-as-usual when you are hoping for innovation

Even with the best intentions, reward systems in corporate life all too often mean that most of the people you need supporting innovation work flee from it.  Here are some ideas for getting a better… Read more »

Filed Under: Business Strategy, Innovation, Innovation Maturity Scale

June 1, 2021

Not Buying It: When your biggest challenge is non-consumption

We’re used to thinking of competition as the biggest challenge for getting customers to buy from us.  But a much bigger challenge is non-consumption – especially when the reasons people aren’t buying have more to… Read more »

Filed Under: Business Strategy, Checkpoints, Customer insight, Innovation

May 25, 2021

Strategy and the Resource Hostage Problem

The old watchword, “follow the money” will give you great insight into what really matters in any organization.  It will also show you where the most significant blockers to transformation are likely to be. If… Read more »

Filed Under: Business Strategy, Innovation, Leadership, Strategy Execution, Transient Advantage

February 27, 2021

A New Social Contract? Part 2: Reaching for a Vision

Welcome to part 2 of a three-part series, looking at the likelihood of a fundamental transformation of the basic social contract in the United States, reflecting Roosevelt’s New Deal. The framework combines two uncertainties to… Read more »

Filed Under: Articles, Business Strategy, Innovation, Insights and ideas, News Archives, Strategy Execution, Thought Sparks

December 23, 2020

What Now? The Board Agenda for 2021

“What’s next” is the question on everyone’s mind. The reality is, we don’t – and can’t – know for sure.  What we can do is articulate our best hypotheses and assumptions and then pay close… Read more »

Filed Under: Articles, Business Strategy, Innovation, Insights and ideas, Strategy Execution, Thought Sparks, Women's leadership

June 24, 2019

Building a Proficiency for Game Changing Innovation and Growth: Mastering the Opportunity Portfolio

When you ask why large companies have a problem building an innovation proficiency, you get back all the usual suspects: “We have silos.” “It’s nobody’s job.” “We’re afraid of failure.” “It’s unpredictable.” And what do all… Read more »

Filed Under: Business Strategy, Innovation, Opportunities, Thought Sparks

May 14, 2019

Finding your arena – a new book and new toolkit

I was delighted to read Steve Blank’s great post featuring the work of my friend and colleague Marc Gruber.  Marc and I have been colleagues since my days in the entrepreneurship program at Wharton and… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Innovation, Opportunities, Thought Sparks, Tools

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