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6 of the most common strategy traps

Strategy without change is pointless, and doing what everyone else is doing is not a strategy; it's a key principle most business people don't get. Take the most common advice you hear out there: don't limit yourself to niche market; you won't … [Read more]

We don’t need a society of more entrepreneurs; we need a society of hungry minds

As we continue discussing The Future for Youth, we've come up with some interesting ideas about what that looks like. One of the key ideas that has come up again and again is that parents should raise entrepreneurial children with the aim that … [Read more]

The best—and the worst—way of learning about market demand is to ask the customer

Want to know what customers want? Ask them, but don't believe them; rather observe them in their environment. It’s the best way because potential customers can answer this question better than any self-proclaimed marketing experts can with their … [Read more]

Deadly innovation sin: Never wanting to be first; to get it right

Are you taking note of the many ways that you're killing innovation in your business? It's easy, a true innovative business has certain characteristics that make it innovative over the long-term; does your business have them? … [Read more]

Consensus kills innovation Is consensus and a democratic process always to best way toward innovation? Not really. The topic of deciding what ideas to pursue comes often in discussion, it's a very interesting … [Read more]

Deadly innovation sin: Believing process will save you

Inside established organization innovation is killed before it even gets a chance to make its case. The reasons are many, and while there are many Sins of innovation,from my POV the one that kills most projects focused on transformational outcomes … [Read more]

Innovation needs outsiders. Here’s how to source them

The most interesting ideas, the ones that span boundaries, are found and at the intersection of domains. This isn’t a new insight, but it is one that is rarely taken into account inside most businesses. True to form, established businesses suffer … [Read more]