photo via Donald McMichael
While I never going into depth about the finds, I do encourage you check them out if they sound interesting.
With regards to innovation it’s not always best to be first. Business history is littered with examples of those who put together the core principles of new businesses only to have the fame and quite often the fortune go to the second, third, or fourth mover. As corporate development types we’re always on a quest to better understand this phenomenon. In this Wharton @Knowledge article Scott Snyder, a senior fellow at the Wharton School’s Mack Center for Technological Innovation is quoted as stating that “The lesson here is the set of assumptions we make a long term bet on … are very fragile”. Check out the full article for insights as to why Companies that succeed in this area are not necessarily the ones who bring products to the market first.
The whole premise of this article is that treating assumptions as a fact can be very dangerous. Over the last few months my radar has been tuned into principle thanks to Alexander Osterwalder and Steve Blank’s work on the business model generation / product development stack. This article gives practical examples of how this phenomenon plays out.
Once again this week I want to welcome the work of Greg Satell, aka Digital Tonto. Greg has been pumping out quite a few top level article recently. If you already don’t follow the Digital Tonto (http://www.digital tonto.com) blog I encourage you to do so. This week I want to highlight on his post that asks what makes a good strategy. The answer is that there are three levels of strategy each requiring a very different approach, and it’s your job to determine which level is appropriate for the problem at hand the insure efforts are in line with that level.
For those in leadership position by far the most difficult task is to manage what you think about yourself, in particular your impression about how well you’re doing as a leader. Ben Horowitz, cofounder and General Partner of the venture capital firm Andreessen Horowitz knows this first hand. Read how he describes this condition and learn some techniques that helped him in this personal and important battle.
There’s no doubt that an increasing amount of time ands money is being spent with digital media (the web and mobile devices) at the expense of traditional media (newspapers, magazines and radio). What’s less clear is this: Which companies are doing the best exploiting this shift? Here are 50 concerns that paidContent feels are doing a good job.