Asking what your digital strategy is today is a lot like asking what your electricity strategy was at the turn of the last century. Seems absurd. Yet both questions reflect how a shift in an… Read more »
Innovation
Thought Sparks Wrap Up – March 2022
Dear colleagues: The first quarter of 2022 was as momentous as any I have ever experienced. It was emotional to join my colleagues from the LvBS Business School, the Business School of the Catholic University… Read more »
When terrible things happen to good innovation projects…
OK, we have finally realized that innovation and transformation are not optional for the long run well-being of a large enterprise. But that is a far cry from having the capability to do something with… Read more »
Knowing when to pull the plug – Part 2
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 »
Knowing when to pull the plug – Part 1
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 »
Thought Sparks Wrap Up – February 2022
Dear colleagues: Just when we begin to see glimmers of the emergence of whatever comes next, we are seemingly plunged into massive uncertainty once again, with geopolitical tensions and armed conflict that seemed unthinkable. The Washington… Read more »
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 »
Thought Sparks Wrap Up – January 2022
Dear colleagues: I just got used to the idea of not saying “Happy new year” and here it is, February. It’s been fun so far – I returned to teaching in person on campus in… 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 »