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Boundary Conditions for Better Decisions

How To Set Boundary Conditions to Make Better Decisions

“Once you make a decision, the universe conspires to make it happen.” — Ralph Waldo Emerson You can set boundary conditions to make better decisions. Putting decisions into place usually requires compromises along the way or dealing with unforeseen events. If your decision depends on everything going perfectly well, you’re in trouble.  If you don’t …

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Innovation Life Cycle

What are the key stages in an innovation life cycle? What is the end-to-end value chain for bringing innovation to market? In "Smart Spenders, the Global Innovation 1000," an article in strategy+business magazine, Barry Jaruzelski, Kevin Dehoff, and Rakesh Bordia write about the four key stages of innovation that the 94 high-leverage innovators have in common.

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High Leverage Strategies for Innovation

I'm a fan of learning from the best. What are the high-leverage strategies that the leaders in innovation use? In "Smart Spenders, the Global Innovation 1000," an article in strategy+business magazine, Barry Jaruzelski, Kevin Dehoff, and Rakesh Bordia write about the successful strategies that the 94 high-leverage innovators use.

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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, …

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5 Bad Entrepreneur Habits

5 Bad Entrepreneurial Habits

What leads to the downfall of established companies? In The Essential Drucker, Peter F. Drucker writes about five bad Entrepreneurial habits that let small companies leapfrog over the big companies. Key Takeaways Here are my key takeaways: Just because you aren’t the first, doesn’t mean it’s not a good idea. Go after the low-profit part of …

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JD

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