40% of today’s Fortune 500 companies will be gone in ten years:…
Tag Archives: entrepreneurship
New Disruption Study: How entrepreneurship is driving corporate reinvention
in Innovation
With the inevitable rise of entrepreneurship and startups driving customer innovation, incumbent companies have begun adopting some of their techniques to either catch up or really stimulate transformation within the enterprise.
A recent report by BPI Network called “Start-Up Innovation: Inspiring Business Transformation,” examines the impact of digital disruption on global enterprises and markets.
The research report is based on an online survey of more than 250 enterprise business leaders and innovators across North America, Europe and Asia.
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 everyone is and should be an entrepreneur.
Should we teach young people to be entrepreneurs? …
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 fancy reports, focus groups and all.
It’s the worst because customers don’t really know what they want. They know what their problems are, what they like, and what they don’t need. But they don’t know what you can develop for them that they really want. Don’t believe them if they tell you; they have less imagination than you do.…
For our youth to thrive, it matters how we teach them to view failure
During our discussion about The Future for Youth, one of the main points we touched on was “risk aversion”. And though we see a trend towards more entrepreneurs, the truth is many of them are not entrepreneurs.
Why?
Because most entrepreneurs fail and leave it at that. But real entrepreneurs view failure as a prerequisite for learning; that’s the difference.…
Two reasons why you should let people steal your ideas
Yes, let them steal them. Crazy? Not so. I’ve written before about how I freely give up ideas with complete disregard for what other people or businesses will do with them. Why? Two reasons:…
5 questions to help you think about the culture you wish to create
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.…