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Why do we fall prey to theories of success?

Theories of success intrigue us because they provide a shortcut. But in following the herd, we deprive ourselves from developing and expressing our originality. A few weeks ago I wrote about how people and businesses aren’t really obsessed with disruption per se, rather they are in love with theories of success. Silver bullet ideas that […]

Does social media marketing still matter?

Social media marketing doesn’t matter. Or so says an article on MIT Sloan Management Review: I argue that we have reached the same point with social media marketing. In terms of competitive advantage, social media marketing simply doesn’t matter. Having a presence on Facebook and Twitter is no longer sufficient to provide any source of […]

Innovation lessons from Google’s self-driving car

A few days ago Google showed off their very own self-driving car. But unlike their first prototypes, which were custom rigged SUV’s and cars from known manufacturers, it isn’t built around a driver behind the wheel. Rather, it’s built around safety; without any driver. Chris Urmson, Director of Google’s Self-Driving Car Project said:

Quick guide on how to use Evernote to stay on top of emerging trends

What is the process I use to keep up and /or uncover emerging trends and what tools do I use? Previously, I’ve written about how to create an insights bank using Evernote. Here I’ll expand on that initial idea, with a quick guide on how you can stay on top of emerging trends, as well as […]

Innovation needs intent

Ultimately, just like your business strategy, your innovation strategy needs to be focused. It can’t be all things to all people. It must be able to stand on its own. Last Friday I conducted a second innovation workshop with graduate students from UABC, the largest university in Tijuana. Before we were done, I made sure […]

WhatsApp: The power of doing one thing extremely well

WhatsApp has succeeded because it is focused on creating a great product, not another social network. What will make your business unique is what you deliberately choose not to do. After almost two years of chit-chat, WhatsApp sold to Facebook for $19 billion yesterday. For a moment, let’s ignore whatever we think about the valuation, […]

Q&A: Sangeet Paul Choudary on how open business models are changing how businesses compete

This is part two of a Q&A with Sangeet Paul Choudary on platform businesses and open business models. In part 1, he answered some questions about platform businesses. Sangeet Paul Choudary writes the blog Platform Thinking which has been featured on leading publications and research labs including WSJ, HBR, WIRED, FastCompany and the MIT Centre […]