“People were so excited and then things just went back to business as usual.” “Leadership announced our new innovation initiatives at the company-wide meeting but then I didn’t hear another word about it.” “There was a lot of fanfare in the beginning but then it just fizzled out kind of like every other initiative so …
As I travel the world helping businesses to create communities of cooperation and innovation I sometimes wonder why we have not been able to solve the world’s Big Hairy Audacious problems together. We potentially have the knowledge, the resources and the technology to do so, but hunger, overpopulation, poverty and pollution are still on the rise. …
Innovative cross-functional teams in technology companies often depend on individuals with highly technical, specialized skills. They’re on the edge, extending their disciplines where they haven’t been before. Teams like this require upper management support that enables their success. It does not need micromanagement – or its opposite, chaotic management that is no better than neglect. …
One of my Polish agricultural machinery clients was having a hard time. His budget for marketing had been halved, even though his sales targets were maintained at growth rate. I had a lengthy conversation with him about options in cooperation. The trick is to find another party that is complementary in product, market or brand, …
A vast majority of executives, more than 80% according to sources, consider innovation to be paramount for the future success of their organization. Yet, very few of them are succeeding in it. A McKinsey study, for example, puts the number of executives who are satisfied with their innovation performance at 6%. There’s clearly a huge …
Scenario: A technology company is creating a consumer electronics solution that involves hardware, software and web components. Three separate teams, located in different parts of the company’s facility, create three platforms. Each platform has its own development team, its own Program Manager and its own Project Manager. There are no clear and distinct processes for …
Social media is incredibly effective for conveying marketing messages and for receiving rapid customer feedback. The effectiveness of social media for outbound marketing activities, i.e. getting the news out about new products offerings, and interacting with customers, is well known. But social media is also a tool for inbound marketing – for understanding the customer …
In my last blog I described how important it is to unleash the power of innovative entrepreneurship in our digital & connected world. How doing this manifests an optimistic, abundant & positive futures that: Maximises the potential of entrepreneurs to see & solve 21st century wicked problems, innovate new businesses that successfully compete, achieve exponential & sustainable growth …
How to transform a boring leadership offsite into an inspiring springboard for the future I’ve been fortunate to work with thousands of executives from many household names over the past 20 years. There’s one thing just about every company and every leadership team share in common – the annual offsite. Most offsites focus on building big visions, crafting …
It all started with my bar mitzvah. Part of becoming a Jewish adult is through acts of service for others, so I was searching for a charity where I could participate in something that was meaningful and donate some of my gift money to help an important cause. I had searched for an event or …
Through my 2008-10 doctoral research, I found that the biggest problem that non-innovative companies have is lack of trust. In fact, whenever I was invited to speak to a company about their innovation needs, it didn’t take more than 20 minutes and 16 questions to find that they don’t have an innovation problem, they have …
Brainstorming is one of the most over-used words in business today, maybe even most over-used in all organizations. Any time people are trying to come up with ideas, they call it brainstorming. And as a result, the techniques, rules, and methods of brainstorming are twisted and abused to where everyone seems to hate brainstorming and …