Last week I gave a social media workshop to two mexican companies. On the topic of blogging, a person from Business Development asked me about the name of my blog. Frankly, no one had ever asked me this question: How did you come up with it and why did you choose it?
Cynthia Montgomery, Professor of Strategy at Harvard University, asks her students what terms come to mind when they hear the word “strategy.” This word cloud illustrates their typical responses, which tellingly lack the word “leader.” Why is that? More of the same leads to more of the same.
This number twelve of a series of weekly posts where I will answer a few common questions about innovation. Please feel free to add your own response. Also, if you have any questions you think we should discuss, let me know. This is one of those not so obvious questions. First of all, if you [...]
There are 2 kinds of warfare: asymmetrical and stupid. —DR. CONRAD CRANE, DIRECTOR OF THE U.S. ARMY HISTORICAL SOCIETY AND AUTHOR OF THE U.S. ARMY/MARINE CORPS COUNTERINSURGENCY FIELD MANUAL I have a client who competes with Starbucks. Or at least that is what they think. I don’t think they do because they have no [...]
How can you get better at strategic thinking? Or in other words, “How do you improve your thought process?” One of the keys to becoming a great leader is to constantly improve your strategic thinking, so you can adjust to new global realities. The first step is to accept that you are not right most [...]
I’m a sucker for strategy books. So as I’ve been reading Good Strategy Bad Strategy, I’ve taken some notes I want to share with you about a very important topic: Competitive Advantage. Competitive advantage is different today than it was in the industrial era, but these five basic principles still apply:
Here’s the question posed on yesterday’s #bizforum chat. Apple is OFTEN used as a case study for how biz can & should grow, yet it’s always a one-off. Few compare. Why?#bizforum — Sam Fiorella (@samfiorella) October 11, 2012 My answer: Because, as always, everyone copies tactics. Not strategy. Apple’s strategy is unique to them. Their [...]