In memory of a true leadership hero – Eliyahou M. Goldratt
Aug22

In memory of a true leadership hero – Eliyahou M. Goldratt

On June 11th, 2011, the world lost Eli Goldratt – a true leadership hero. Many call him a management visionary because of his Theory of Constraints – a management and improvement focusing approach that in retrospect most see as “just common sense.” A fact that he accepted as praise. But, or maybe in addition, I call him a leadership hero because of one of the fundamentals underlying his work – his assertion that people are...

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More innovation lessons from the classroom
Aug09

More innovation lessons from the classroom

Just read an interesting study from Dan Ariely’s book, Predictably Irrational, that adds an extra layer of value to the argument for pipelining your new product development projects – as if faster cycle time and earlier cash flow weren’t enough. If you aren’t familiar with the idea of pipelining, working on projects sequentially rather than in parallel means that more projects get done sooner. Here’s an...

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Purpose in Innovation
Jul18

Purpose in Innovation

Simon Sinek’s TED presentation, is a must see for any leader and anyone trying to grow through innovation. The presentation, part of the promotion for his book “Start with Why: How Great Leaders Inspire Everyone to Take Action,” is quite simply an explanation of why some companies inspire followers rather than just satisfy customers. Sinek presents something he calls the golden circle – why at the center, followed by how in the second...

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Is your market dying for change?
Jul08

Is your market dying for change?

In the Fast Company Article Change or Die, Alan Deutchman, shared a statistic that blew me away. After just a year, more than 90% of heart bypass patients return to the 5 behaviors (overeating, not exercising, too much stress, excessive drinking, and smoking) that put them on the operating table to begin with. Ninety percent! Makes you wonder how anyone could go through something as life changing as a coronary bypass and not change...

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Should innovation be one of your core competencies?
Jun24

Should innovation be one of your core competencies?

Should innovation one of your core competencies? Peter Drucker may have answered that question best when he said that since businesses exist to create customers, the two essential functions of any business are marketing and innovation. And most CEO’s agree or why would they reinvest (aka spend) anywhere between 30 and 50% of their net income in R&D. However, even with that level of spending, most are dissatisfied with the...

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