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Innovation

Exploit the Future

Exploit the Future: What is Your Business, What Will It Be, and What Should It Be?

“A business that makes nothing but money is a poor business.” — Henry Ford What is your business? … What will it be? … What should it be? These are powerful questions to ask and answer when you develop your business. In The Essential Drucker, Peter Drucker writes about asking what your business is, will be, …

Read moreExploit the Future: What is Your Business, What Will It Be, and What Should It Be?

5 Bad Entrepreneurial Habits

What leads to the downfall of established companies?  In The Essential Drucker: The Best of Sixty Years of Peter Drucker’s Essential Writings on Management, Peter F. Drucker writes about five bad Entrepreneurial habits that let small companies leapfrog over the big companies. The Five Bad Entrepreneurial Habits According to Drucker, the five bad habits are: …

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The Essence of Business Development – Innovation, Quantification, and Orchestration

“The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication.” — Harold S. Geneen According to Michael E. Gerber, Innovation, Quantification, and Orchestration are the backbone of every extraordinary business. They are the essence of your Business Development process. In The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to …

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6 Principles of Sticky Ideas

6 Principles of Sticky Ideas

“Every now and then a man’s mind is stretched by a new idea or sensation, and never shrinks back to its former dimensions.” — Oliver Wendell Holmes How do you make an idea stick? Mark Twain noted, “A lie can get halfway around the world before the truth can even get its boots on.” Meanwhile, …

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How to Define Your Innovation Objectives and Innovation Goal According to Drucker

“Innovation distinguishes between a leader and a follower.” — Steve Jobs Innovation objectives are how you realize the potential for your business.  Innovation is how you change the gam either in the marketplace, your product, or your processes.  From what I’ve seen, the people that do best with innovation are the ones that can effectively …

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