Your teams are always coming across opportunities, whether they realize it or not. The problem is that many organizations rob themselves of valuable opportunities because they often cannot recognize these chances, don’t have the capacity or capability to take advantage of them, or simply ignore them and let them pass by—wasted possibilities. And while some…
Innovation and why creating new value for your customers is essential. Originally published by Better Business Bureau, February 23, 2021. As a business owner, how you deal with disruption can dictate how well you run your business. After 2020, many small business owners not only stared adversity in the eyes, but they had to come…
It has been said, the best way to find your way around a new location quickly is to ask for ideas. As many of us are working from “new locations,” ideas are more important than ever. How do you capture ideas during crisis? What is the best way to manage those ideas? How do you…
4 Questions to Quantify Your Next Innovation Originally published September 15, 2017, with Innovation Enterprise. You have an idea to solve a problem or opportunity, whether it be a new process for your department or even a new business idea. So how do you figure out if your idea will actually work and if it’s…
After 50 years of serving in a wide variety of leadership roles, I’m convinced that every leader will face multiple crises as a normal part of the leadership journey. In my own experience, I have found myself in the middle of crises brought on by leadership failures, destructive fires, economic downturns, supply chain breakdowns, regulatory…
The single most important mandate of innovation is to create new value. Similarly, one of the mandates of entrepreneurialism is to deliver value. Yet, innovation and entrepreneurialism are not necessarily the same. As a matter of fact, they are two different subject areas that require distinctive mindsets, skills, passions, and behaviors. One of the biggest…
These days you hear and read a lot about innovation. It’s the common buzzword and there are constantly new articles and blogs written about it, but most of it is simply a rehashing of what has been written in the past. There’s very little new thought going into innovation, which is ironic if you think…
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