donald mcmichael

value-enhancing outcomes

Wait before you go: Crafting a compelling business model narrative

Quite often it's not what you say but how you say it. In the case of business plan narratives it's both what you have to say and how you say, according to Paul Hobcraft, group lead at Agility Innovation. "Framing the business model needs a compelling story so that it can be quickly and well

Behind the scenes: Setting a solid strategy

When it comes to strategy, in particular the development of, people tend to favor what's shinny. Shinny looks nice but can easily become a disaster, writes Rich Horwath, author of Elevate: The Three Disciplines of Advanced Strategic Thinking. It is also necessary to determine how a proposed strategy

Business model generation in the Internet of Things (IoT) universe

The Internet of Things (IoT) changes everything, especially how we go about crafting and testing business models. "To take advantage of new, cloud-based opportunities, today’s companies will need to fundamentally rethink their orthodoxies about value creation and value capture", writes Gordon Hui in

Suits, how to tell tech investors what you do (and prove you’re good at it)

Is a company's resistance to invest in longer term innovation endeavors setting them up for an eventual fall? Ironically this aversion to longer term investment is especially prevalent on the business side of tech companies, the exact people who you would think openly embrace deep well thought

3 Attributes Powerfully Successful Problem Solvers Possess

Good problem solving skills are fundamentally important, especially when leading a business. But problems (what's that consulting term... challenges) are something that we don't particularly like. They're time-consuming. They bogart their way into our already packed schedules. And the queue never

Seven Business Books Worthy of Your Attention

If you're in the Northern Hemisphere don’t look now, but summer’s winding down. Grab time to go outside with your mobile device to catch up on both those rays and that summer to-do hit list. I know for me that includes mapping the learning blueprint for the Entrepreneurship course I'm slated

Keeping Your Strategy From Going Bust

Why do business strategies fail? They're developed by smart, insightful, and motivated people. That shouldn't be a formula which results in over 70% going belly up. Yet it does, with most doing so within six months of completion. Popular convention focuses on two causes of failure: people