"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 before
Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 4
The brutal truth about business is this: It’s hard. Have you ever asked yourself: If you said, “yes” about any of those questions or would like to deepen your customer relationships, this post is for you. Many businesses, particularly those that are adrift in complex, uncertain
Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation – Part 3
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
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
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
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
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
Are You a Courageous Business Leader?
Boxer Muhammad Ali and Howard Cosell on ABC’s “Wide World of Sports”… (ABC PHOTO ARCHEIVES) Spanning the globe to bring you the constant variety of sports. The thrill of victory and the agony of defeat. The human drama… It’s been over 30 years since I first heard that phrase on ABC’s “Wide World
Enhancing Financial Performance – 5 Insights that Help – Week’s 5 Best Posts
It was a big weekend with a hectic week ahead, but that doesn’t mean I’m going to shortchange you. This week my 5 favorite business and strategy post are all about the economics, how to view them, manage them, and more importantly enhance them by taking a sharp pencil to your business model. If