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donald mcmichael

donald mcmichael

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Business model innovation

Letting Go

July 2, 2012

In my prior post series on business models I talked about getting liberated. Breaking con­nec­tions to make room for your new ideas. One of the most difficult traditional views for businesses is the thought that a product or service needs to be perfected before released upon the masses. Yes, a

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 7

June 25, 2012

If you sell, and we all do, you're in the business of changing behavior. Pop Quiz: How do you influence yours? Everything that we have covered up until this point will be for naught if you don't have (cultivate) the right mindset. One that constantly challenges how we approach tasks by

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 5

June 11, 2012

"In God we trust; all others must bring data." – W. Edwards Deming Who am I to argue? Deming is regarded as having had more impact upon Japanese manufacturing and business than any other individual. The problem is, this quote was more than likely birthed over half a century ago, well

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 4

June 4, 2012

The brutal truth about business is this: It’s hard. Have you ever asked yourself: Why aren’t we growing more/faster? Do we have the right solution; does it solve their mission critical issue? This isn’t working, what’s our alternative? If you said, “yes” about any of those questions

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 3

May 28, 2012

It’s not your father’s (or mother’s) business world anymore. Three momentous forces — technological, social, and economic — have conspired to rock the business world and caused things to become more complex and uncertain. And, as a result the old ‘go to’ methods fall flat. Point blank, it is a

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 2

May 21, 2012

Just this past weekend I had a few minutes to kill before running out of the door to the next family-centric event so I was flipping through the television when I ran across the iconic movie ‘Field of Dreams’. For those of you, yes the two of you, who don’t recall the film it’s based around one

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 1

May 14, 2012

In any high stakes venture it is vital, whether for yourself or a client, to have a sustainable edge. Warren Buffet calls it a Durable Competitive Advantage and Michael Porter refers to it as a Competitive Advantage. Regardless of the phrasing, the concept is the same. Never move into, or stay

Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation

May 7, 2012

If you've been living under a rock for the last five years... First off, welcome back we need you. Second, let me get you up to speed. The hottest two business concepts over the last 24 months have been pivot and business model innovation. Business Model Innovation(BMI): the proces by which

Business Reinvention – the Intro

April 25, 2012

Greg Satell does a great job in his recent post 'The New Media Value Chain' pinning exactly where the media industry currently stands. Both Greg and I live at the nexus of media, entertainment, & technology and have personally witness the ground shift under our feet. While Greg comes from a

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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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