Better Insights, Better Results
Here are 3 simple thinking techniques I tend to use each day. There are some more advanced thinking techniques, but here I'm boiling down to a set of 3 you can use today. In fact, you can even use them while you read this post.
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.
“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, …
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: …
“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 …
