Innovation Requires a Solid Foundation

Innovation Requires a Solid Foundation

Those of you who know me won't be shocked by the fact that I have a serious passion for innovation. I believe you always need to be pushing your organization (and your life) forward, reinventing what you do and how you do it as often as possible to continually drive new value to your customers and your organization. Companies like GE or IBM who have consistently changed their business, sold off core components, reinvented their primary revenue base, and evolved how they execute based on the demands of an evolving market are great examples of companies that do innovation very well. (more…)...
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Innovate Everything

Innovate Everything

Most often when people hear the word Innovation it springs to mind images of high tech gadgets like the iPhone and iPad. For a smaller group of people it may also trigger images of service innovations like NetFlix or Starbucks. A few really creative folks might even register images of business model innovation like Google Adwords or Zipcar. But how many people think about process innovation, procedure innovation, or project execution innovation. Fancy gadgets and new services and business models get all the press and air time in business journals because their outcomes are sexy and well recognized, but the same approaches used to disrupt markets from a product, service, or business model perspective can also be used to disrupt your own internal processes, procedures, and projects. Think about your own organization's processes and procedures. Unless you work for an incredibly unique company you are likely laden with the legacy of scientific management and control frameworks with 12 templates for every document...
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Appropriate Management Controls for Small Business

Appropriate Management Controls for Small Business

For those that read this blog regularly or who have spoken with me at one of the various networking events that I regularly participate in you know that my passion is in creating growth through value innovation, but I have had a couple of conversations in the past week with colleagues in other businesses about management controls so I thought I'd share my thoughts on specifically management controls and small business. One of my pet peeves (and one of the main reasons I haven't spent a lot of time in larger more bureaucratic organizations) is process for the sake of process, and I truly believe that management controls used poorly constitute exactly this problem.  One of the most innovation stifling innovations is the standard operating procedure, specifically if it implemented before there is a specific need for control or before an organization has grown to a size that would justify requiring that level of control. When speaking with one colleague he demonstrated for...
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