Over the years I have attended many courses, workshops, and talks on business strategy. Some memorable, and some not. Some engaging and useful, and others confusing and a waste of time. The best of the lot were courses by Arnoldo
What are the Characteristics of Innovative Companies?
In an earlier blog, I warned about thoughtlessly following the practices of successful companies, hoping the magic would rub off on you. Buying in to the latest management fad. What I called “cargo cult management”. But human nature is human
If You Want To Disrupt An Industry, First Understand It
Everyone wants to be disruptive; to transform a market, sweeping away the big players and bringing exciting new ideas. It is the big win that everyone looks for. There are millions of articles about business disruption on Google with titles
Careful Pricing Is Vital For Successful Innovation
Correctly pricing a new product or service is vital. Too high and you get no customers, too low and you leave money on the table. Either way you burn through cash so your innovation, and possibly your company, fails. Pricing
Why Do Startups Fail?
A while ago I wrote about why innovations fail, and I wondered about start-ups. Do they have the same problems, or are they completely different? How often start-ups fail is a matter of debate. A commonly quoted figure is that
All Innovation is Important, Not Just Some Types
Sometimes in conversation you suddenly run straight into a conceptual brick wall. You seem to be discussing the same topic, but somehow you are approaching it from such different positions that there seems to be ‘your topic’ and ‘their topic’
Listening to Faint Whispers from the Future
“Prediction is difficult, especially of the future.”; a quote so useful that it has been linked to everyone from Yogi Berra to Niels Bohr. Yes, prediction is difficult, but when we innovate it is essential. We should be thinking not only about the
The Challenge of Business Model Innovation
You Need More than Product Innovation Innovation is about much more than just creating a new product or service. Innovation should apply to all parts of a business; from supply chain and logistics to the relationship with customers and how