This week, my 5 favorite business and strategy post cover:
- How to smartly evaluate opportunities for both their innovation and ‘cost’ potential.
- Ol’ School connecting; don’t call analog a comeback it’s always been here… and powerful
- Business Model Generation; the path to better decision-making
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 and Google Plus +DonaldMcMichael. Good stuff I discovered this week: Five Questions Companies Should Ask Before Making an Innovation-Driven Acquisition As always, HBR has churned out an outstanding business innovation article. This time they look at a series of questions we can use to help evaluate if a business’ best innovation days are in the rearview mirror. Creating Analog Experiences In today’s digitally obsessed environment it’s all too easy to overlook analog connections. In this Duct Tape Marketing post in addition to a list of their favorite analog event is a video of Ramon Roy – Small Business Summit producer – talking about how he creates memorable live events to accelerate relationships. The Future Of Mobile [DECK] This presentation provides a global perspective on the mobile market. It should be no surprise that in the US we are about halfway through the smart device upgrade cycle. In the rest of the world its just getting started. Check out what Henry Blodget, and his team, thinks what this means and how it will impact us all over the next few years. The Cost of Missed Opportunities Not exploiting an opportunity, has its own costs – and those costs sometimes exceed that of an even bad decision. The author provides us with four tips to help with effective decision making – take to heart number 2. Alexander Osterwalder: Tools for Business Model Generation I want to close this week out with a video. It has been posted for about 6 weeks, but includes two of the best business model innovation thinkers, Alexander Osterwalder and Steven Blank, of our day. Osterwalder goes into how he uses the visual language of his business model canvas framework, and shares stories of how this approach helps organizations of all sizes to better create, deliver and capture value.