Posts Tagged ‘Innovation’
Changes in the Manufacturing Industry: What Product Companies Must Do to Survive
I’m talking about every product company in every industry—toys, medical devices, cars, electronics. . . . They’re all facing disruption, and it’s very real because what businesses used to do before will not help them survive in the near future. They have to keep evolving. Four Factors of Transformation. Before product companies can make the…
Read MoreAre You Blockbuster or Netflix?
Kodak missed the digital revolution, and, like aging photos, faded with time—despite the fact it actually invented the first digital camera in 1975. Meanwhile, new and dynamic product categories for cameras, printers, accessories, and more were born and continue to flourish. Then there’s Blockbuster. “Be kind, please rewind”? Not so much for this company, which…
Read MoreWill My Job Be Completely Different Very, Very Soon?
You may have noticed that Napster Moments are happening more and more often. You also may have noticed that many executives don’t see them coming until it is too late.
Read More How Innovative Does Innovation Need to Be?
When we think of innovation, our minds usually wander back to the great inventions that we believe changed the course of history, or at least the course of commerce.
Read More Don’t Fear Transformation, Fear Irrelevance!
A reader asked how to overcome individuals’ and organizational fear of transformation. My knee jerk reaction was that irrelevance is much more scary than transformation.
Read More The Sharing Economy and Your Business
There’s a brand new world of transactions forming and it’s named the sharing or collaborative economy. The standard definition of this new trend is an economic model for individuals to borrow or rent assets owned by someone else.
Read More 5 Digital Marketing Trends That Will Disrupt Your Business
You have been running your business for a long time. Life is good. Sales are holding up. The admin processes and technology systems are nailed. You have your eye on your competitors and industry. The business model is stable.
Read More Tapping Into Our Creative Mindset By Pushing Past the “No”s
We tend to approach choices in black and white: “A” or “B,”this way or that way. You process choices this way because it’s easier, simpler, and helps you finish this whole decision-making thing quickly.
Read More The New Manufacturing Order
An old, familiar story line is returning to the technology industry. Yes, there’s a bit of a 1970s Jobs and Wozniak throwback here.
Read More The Coffee and Wine School of Innovation
Here’s one for debate around a cup of coffee or a glass of wine. Most innovation occurs when creative people are relaxed and thinking about other things.
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