It is very common that innovation efforts are squandered because the people involved, frankly, should not be there in the first place. Of the projects you’ve been a part of, how many had people that were willing to roll with the punches and figure out a path forward? I assume you can count them with […]
I’m sure you’ve been in meetings where everyone worries about competition more than they worry about customers. It is a fact that for traditionally run businesses, any talk about strategy quickly shifts to competition. It’s unavoidable and it pisses me off. Traditional business practice is based on beating the competition, which assumes that there is […]
Culture eats strategy for breakfast. Why? Because even a beautifully conceived strategy won’t be executed the right way if people’s values and beliefs are not aligned. In other words, culture is not mandated; it is shaped from the beginning.
For as long as I can remember, I’ve adopted new products and services when they are just starting out. It’s very common that I get requests to “try this and that” for startups looking for early adopters and beta testers. As such, my main objective in adopting products and services that are in beta is […]
Yesterday, I was a judge for a showcase of projects from marketing students of a local university. Most of the projects that were pitched are apps that exist elsewhere in some form; nothing game-changing. There were many common innovation myths that were present in many of the pitches, such as “our competitive advantage is being […]
Make a splash in the short-term or play for the future? In business, there is a constant tension between playing to win right now and making bets to be relevant in the future. Most focus only on the former, while innovators do both; at the same time.