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donald mcmichael

donald mcmichael

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5 Fav Business and Strategy Post #26

photo via Flickr.com Commons

 
While I never going into depth about the finds, I do encourage you check them out if they sound interesting.
 
The future of business is the “mesh”: Lisa Gansky on TED.com

In this presentation Lisa Gansky talks about the concept of the mesh – businesses sharing all kinds of stuff – and how nibble leaders are leveraging this new paradigm.

Three Types of Models: Simplistic, Complex and Simple
When you think of how the world works, are you using a simple model or a simplistic one? The difference is important. You can only get to simple with a deep understanding of the system you are trying to picture.
– Tom Kastelle

Fred Wilson comes to Harvard Business School
This in-class conversation between Fred Wilson, Jeff Bussgang, and the students focused on lean start-ups and pattern recognition when it comes to entrepreneurial asperations. Here are two of the points / insights that I found most interesting:
  • When considering when to monetize your new product/service, think carefully about whether the monetization strategy actually improves the service or is a distraction.
  • Entrepreneurs should be hunch-driven more than data-driven so that they don’t loose out on opportunities because they moved too slowly.

Tools Don’t Solve Problems, People Do
Does it seem that the tools you use – and those in the queue for evaluation – improve your innovation process actually make it worse? If you have this feeling then you need to read this post from Tim Kastelle. Checkout the innovation matrix it should help you communicate what your feeling or experiencing to those in your organization.

Have Media Companies Destroyed Their Copyrights With The ‘Share’ Button?
The bottom line quest is does a content provider give everyone the ‘implied license’ to republish material if it has a ‘share’ button? But there are not any examples where republishing 100 percent of a post of any length has been found to be a fair use; so what’s your take?

Filed Under: blog, Business Management Tagged With: Business Model Generation, Business Strategy, critical thinking

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Donald McMichael
Insights for entrepreneurial leaders that help them answer two fundamental questions "Where should we play?" and "How do we win?".

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“At the end of the day, finance leaders have to be proper storytellers. You have to be constantly on top of your data and tell the story behind the numbers... The CFO has to be on top of information flow at all times.”

Gerardo Adame, VP Finance at XP Power, and Mark Partin, CFO of BlackLine

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