The future can’t be analytically derived. Even if you do analyze it, frequently the analytical work, no matter how robust, proves wrong because of something that can’t be anticipated. Of course it’s almost always valuable to think comprehensively about a new business idea. But a healthy balance between analysis and action is always advisable. If [...]
By Nick Jervis
What action can you take to ensure that you hold onto your staff and keep your recruitment costs as low as possible? Estimates vary, but to replace a solicitor the total expense in terms of recruitment, lost man hours of the outgoing staff and the training of the incoming member, can exceed £100,000.
The [...]
Creativity…”Originality, Imaginative thinking”
You’ve no doubt heard about “thinking outside the box”. Very often, business creativity is referred to as thinking outside the box. You can get locked in to your day-to-day operational thinking “inside the box”, and forget totally about the requirements of the need for business creativity. It is very easy to lose sight [...]
Do you think that Bill Gates thinks there’s a box? Or Warren Buffet? Do you think that Muhammad Ali thought there was a box? What about Sir Richard Branson? How do you think Tiger Woods or Roger Federer would feel if they thought that they had to operate inside ‘the box’.
Very often, I hear business [...]
By Michael Angier
In order to compete effectively, we must look for new and better ways to accomplish our mission. We must find creative methods to delight our customers. And we must find innovative strategies for getting more done with fewer resources.
With things changing as rapidly as they are, doing things the old way won’t be [...]
By Dr Mark Yates
Although most businesses are effectively treading water through the current economic crisis, many astute business owners are looking to the growth of business by utilising what’s commonly referred to as an innovation business model.
Innovation and change are often requirements for business growth and many opportunities present in times of business hardship.
The growth [...]
By Mark Woodcock
Businesses need to be innovative in order to succeed in times of economic distress, when consumers are more particular about what they buy, and high quality is no longer separate from value for money. Company leaders are looking for ways in which their organisations can be innovative to beat their competition, maintain a [...]
The world of innovation scares many people. Typically, these frightened people associate innovation with HUGE, risk-laden ideas that change things dramatically. To the contrary, “innovation” refers to change and to doing something new. Here, size does not matter. In fact, some very small changes create dramatic innovation.
MIND-BUILDING — Where, then, can your innovation work begin. [...]
Some time ago, Steve Jobs was quoted as saying, “Innovation distinguishes between a leader and a follower;” and that statement has never been more meaningful than it is today. At a time when the even the most fundamental elements of business success are being reevaluated and redefined, one thing becomes increasingly clear: innovation is no [...]
Consider this… What if instead of the compact and featherweight mobile phone that you use today, you had to carry around one of those huge phones prevalent in the early 1990’s? You can heave a sigh of relief that it was just a thought; courtesy of the innovators who spent many years of their lives, [...]
The word “Innovation” has earned the dubious distinction of being one of the most overused and misunderstood concepts in business. Today’s tumultuous economic climate has sent companies across the globe scrambling to decipher the secrets of Innovation and to find ways to quickly download it throughout their organizations. Innovation fever is everywhere.
In the corporate gold [...]
Although you may not have completed your thinking about what you want to achieve, you can certainly begin your thinking on the next phase you need to explore before committing to courting the BIG innovation. This phase has three components: assumptions, behaviors, character — the A, B, and C of your personal assessment.
WHO DO YOU [...]
Wanting to hear the Sirens’ songs but not succumb, Odysseus fought off the music by asking his crew to tie him securely to a mast. To save themselves, the crew filled their ears with beeswax. Odysseus sought counsel with Circe. The seductive, magical Circe offers instructions. She comes in the night with visions to terrify [...]
