Innovation is as much about choosing what not to do as it is about deciding what you’re going to do. I’ll never forget the words of a client of mine, an executive at PepsiCo: “We can do anything, but we can’t do everything,” he said to me. So true. But most companies forget this fact. They…
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“Decoupling” the value chain is the next big strategy for digital innovation and business models Digital disruption isn’t just about the internet or mobile technology. It’s about the digitally-driven business models that forever transform business as usual no matter what you’re doing. I recently had a chance to connect with Harvard Business School professor, Thales…
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Technology isn’t just for creating new products and services. Disruptive technologies are transforming the packaging that comes with just about everything we buy. Imagine a day when you receive an alert from your refrigerator as you walk past 7-11 because the carton of milk at your home just expired. Or a day when you receive…
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Airbnb disrupted hotels. Now big travel and hospitality companies are going after the next disruptive innovation themselves before getting blindsided yet again. If you’ve followed my Inc.com column, you know I work with both big companies and start-ups around the world. My research, consulting and speaking give me a glimpse into the fledgling trends and upstarts that will one day…
DetailsLarge scale 3D printing farms will create the next industrial revolution When it comes to business and the economy, there’s constant buzz about Apple, Amazon, Google, and Facebook. There’s also been lots of attention lately on middle America and the loss of manufacturing jobs. At times these topics seem at odds – the new high-tech guard disrupting the old, jobs…
DetailsA “lean” approach amplifies both profits and purpose. Corporate philanthropy. Benefit corporations. Nonprofits and non-governmental organizations. Doing well while doing good seems to be all the rage these days. Sounds ideal. But, if we are truly intent on achieving both, we need to start taking social impact just as seriously. Mission-driven organizations have an equal…
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The best innovations reduce costs while adding value at the same time. With all the hype these days around the impending disruptions on the horizon such as blockchain, artificial intelligence, augmented reality and the like, it’s natural to assume that breakthrough innovation requires breakthrough technology. And if you consider the mind-boggling burn rates of recent innovation…
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Want Disruptive Digital Innovation? Here are 5 Business Model Strategies and Tools for Strategic Business Growth. At some point every industry and every organization will face disruption. From retailers like Blockbuster and Borders Books to tech giants like Nokia and Blackberry, seemingly untouchable brands have been caught off guard by rapidly changing business landscapes.…
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A few weeks ago, Jeff Bezos voiced a dirty little secret about disruptive innovation: it’s not just about creating groundbreaking new products and services, it’s about creating groundbreaking new products and services that people actually want to buy. “At Amazon, we’ve had a lot of inventions that we were very excited about, and customers…
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Promoting a culture of innovation focused on business growth starts with providing practical tools that give anyone the opportunity to innovate in whatever they do. (Article based on the book, The Invisible Advantage) It’s one thing to say you want a culture of innovation. It’s another to actually get everyone truly innovating. We hear it…
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