A major new study involving some 3,500 executives has highlighted the key skills that innovative and creative entrepreneurs need to develop. The six-year-long research into disruptive innovation by INSEAD professor Hal Gregersen, Jeffrey Dyer of Brigham Young University and Clayton Christensen of Harvard, outlines five 'discovery' skills you need. But, says Gregersen, you don’t [...]
In 2004, the LEGO empire teetered on the edge of ruin—loss had steadily increased since 1998, leaving the famous toymaker with heavy lifting and a sagging bottom line. But in the years following 2004 LEGO emerged: stronger, lighter and faster. How? By seeking out and listening to the unmet needs of consumers, developing products [...]
You may be the reason your company isn't growing. You are micromanaging — and it's stifling the organization you are trying to build. Our research tells us that the very management style that enables a founder to get a company off the ground — a zealous focus on tactical execution — often derails growth [...]
John Mackey, the CEO of Whole Foods Market chain, has loftier goals than getting Americans to eat healthy foods, one of the missions of his grocery empire. He is out to change American business as well, putting it on the path to higher consciousness. "A Whole Foods store, in some respects, is like John [...]
Enter a growing legion of middlemen, outfits that hook up companies (anonymously, if that’s what they want) with individuals or groups that might be able to solve specific problems. Netflix, the Los Gatos, California, movie-rental outfit, did some reaching out in order to improve its Cinematch recommendation system, which uses customers’ rental histories to [...]
"There are almost as many videos viewed in the UK as there are searches done. Everyone recognises the phenomenon of search, and recognises how intrinsic it is to the web experience, but they don’t think about video in the same way." When you’re debating bona fide internet phenomena, a few names quickly filter into the [...]
Not all invention needs to take us in the direction we presume to think of as forward. Sometimes backwards is forward in the same way that less is more. Not all invention needs to take us in the direction we presume to think of as forward. Sometimes backwards is forward in the same way [...]
Eric Schmidt, CEO of Google, recommends that everyone needs a coach To see the video click on the link below. Everyone Needs a Coach
Companies are inviting their customers to upload their own designs of toys, apparel, jewelry, and other objects onto their Web sites. Mass customization. Markets of one. These slogans from the late dot-com years conjure a certain glow. The idea was that the Internet would enable a whole new mode of manufacturing that would include direct [...]
Former Microsoft Chief Operating Officer Bob Herbold says success creates nine dangerous traps for companies around the world today.
