This week my 5 favorite business and strategy post cover:
- Why bucking business convention is often a good thing.
- Why complex system pattern recognition should be your arsenal.
- Betting on your clients to help grow the business.
As, always I’m looking to share with you quality information that helps increase your business development skills, enhance your level of business model innovation, and ultimately the quality of your professional relationships.
If you enjoy my weekend summary and would like even more practical, useable links than the five I highlight here every week, follow me on Twitter @DonaldMcMichael.
Good stuff I discover this week:
10 Dumb Mistakes Companies Make Over and Over
Steve Tobak cuts through the fluff, generic, and esoteric nonsense put forth on why companies fail to provide 10 mistakes that organizations make over and over. His hope is that by highlighting these foibles we can keep them from initiating a death spiral in our concerns. As I stated in a Tweet earlier in the week, number five – challenge convention – works wonders in helping businesses maintain an edge.
Learn to Trust Your Gut
In this HBR post Ron Ashkenas give us three steps we can utilize to counter our conditioning to disregard our internal compass and follow a prescribed path, even when the data tells us otherwise.
How to Think About the Future
In this post Tim Kastelle explores the parallel between the impact that large numbers have on complex systems and someone’s efforts to invent the future. Why should this be of interest you? Think about your country’s economy. Or better yet, if your job is to innovate then the patterns to your success mirror that of complex systems. In other words, small changes among the parts can cause large changes within the system.
What Broadcast And Cable Executives Still Don’t Understand About YouTube
Can a community of creatives who have not been a part of the traditional pay TV ecosystem payoff? That’s YouTube’s bet. According to this PaidContent post YouTube’s 100 new channels of original online-only content is it getting first dibs on programming that’s laser-targeted at valuable niches. Should you get on the bandwagon? Can’t go wrong appeasing the number two search engine in the world.
5 Ways Service-Based Businesses Can Use Social Media for Marketing
Dana VanDen Heuvel gives us five ways one can leverage social media to overcome the challenge of marketing a business you can’t touch, see, or smell. Got to love number one – get client reviews – because there is nothing stronger than independent proof provided by a potential client’s peer group.