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Making Innovation Happen

A Global Aggregation of Leading Edge Articles on Management Innovation, Creative Leadership, Creativity and Innovation.  

This is the official blog of Ralph Kerle, Chairman, the Creative Leadership Forum. The views expressed are his own and do not represent the views of the International or National Advisory Board members. ______________________________________________________________________________________

 

Entries in Strategy (71)

Thursday
May062010

Need Speed? Slow Down - Harvard Business Review - Jocelyn R. Davis and Tom Atkinson

In business, there’s a speed gap: It’s the difference between how important a firm’s leaders say speed is to their competitive strategy and how fast the company actually moves. That gap is significant regardless of region, industry, company size, or strategic emphasis. Organizations fearful of losing their competitive advantage spend much time and many resources looking for ways to pick up the pace. Paradoxically, they should try slowing down instead. In our study of 343 businesses (conducted with the Economist Intelligence Unit), the companies that embraced initiatives and chose to go, go, go to try to gain an edge ended up with lower sales and operating profits than those that paused at key moments to make sure they were on the right track. What’s more, the firms that “slowed down to speed up” improved their top and bottom lines, averaging 40% higher sales and 52% higher operating profits over a three-year period. How did they defy the laws of business physics, taking more time than competitors yet performing better?

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Thursday
May062010

My Eureka Moment With Strategy - Roger Martin - Harvard Business Review

Do you find that company strategy meetings often descend into adversarial position-taking? Many people complain to me that it's the single biggest block to strategy-making that they encounter. But getting around that block is a lot easier than you might think. The solution lies simply in posing a single question, which I believe is the most important question in strategy. I discovered the question about 15 years ago in Rhinelander, Wisconsin, a town of 7,500 inhabitants equidistant from Green Bay, Wisconsin and Duluth, Minnesota. We had a group of about 10 executives from a mining company in a conference room, split evenly between mine management and executives from head office in Toronto. Everybody had an opinion — i.e. what was true — but given the wide array of experiences, technical knowledge, and organizational interests, those opinions were all over the map. We quickly descended into adversarial position-taking and I could tell it was going nowhere.

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Tuesday
May042010

The Cluetrain Manifesto, 10 Years Later - A Conversation with Doc Searls - Valeria Moltoni 

This is the mother of all conversations, to borrow from a title to a post Doc Searls wrote, which I link to down below. He's among my personal heroes for thinking about the buyer's side - and doing something about it. Something hopefully radical and, if you're paying attention, really important. He writes about independence, and about providing tools for individuals to manage relationships with organizations. Personal tools for people to collect their own data, control it, share it selectively, assert their own terms of service (TOS), and give them means to express their own demand in the open market. In the 10th Anniversary Edition of The Cluetrain Manifesto he writes about these points and says: base relationship-managing tools on open standards, open APIs (application program interfaces), and open code. It's what he calls the Intention Economy.

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Tuesday
May042010

A Plan To Invent Marketing for Today - MIT

Click here to read an excellent article from MIT Sloan School of Management written in 2008 proposing seven strategies that make marketing relevant and rigorous to-day. 

 

Thursday
Apr222010

Dramatic Breakthrough in Strategic Planning - New and Improved Innovation Blog Site: 

Deer Mouse_ John Good -NPS Photo It's been said (by poet Robert Burns) that, "The best laid schemes o' mice an' men gang aft agley" (since he was a Scot writing in 1785, what he meant was that the plans go often awry). Regardless your language, you may have noticed this pattern yourself when working with innovation teams to put together compelling plans of action. After years of research and number crunching, the results are in on a new technique that results in a dramatic improvement in the effectiveness of strategic planning and goal implementation.

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