Innovation is not invention. Invention is a result of innovation, but innovation is continuous. It is also not discrete, but a combination of two or more entities.
Importance of Domain Knowledge
In order to innovate, a company must have ownership of its skills and knowledge, and businesses that outsource skills and knowledge are paying to reduce their [...]
Archive for June, 2009
CEOs and Their Role in Innovation
Posted in Uncategorized, tagged CEOs and Their Role in Innovation, Innovation, peter drucker, Process Improvement, steve jobs, strategic planning, Strategy on June 30, 2009 | Leave a Comment »
How To Develop a Winning Strategy 9/10
Posted in Video on June 26, 2009 | Leave a Comment »
This 10 part video series “How to Develop a Winning Strategy” was filmed at National Speakers Association Australia event in Adelaide. I will post the 10 video’ here each Friday.
You’ve got a burning passion and you want to share it with the world.
The current economic conditions pose opportunities and threat. You [...]
Does Strategy Really Matter?
Posted in Uncategorized, tagged bill gates, malcolm gladwell outliers, outliers, strategic planning, strategic thinking, strategizing, Strategy on June 23, 2009 | Leave a Comment »
The statistical link between corporate strategy and profitability was discovered by Richard Rumelt in 1972. He found out that the degree of diversification affected a company’s performance: the less the diversification, the better the company did.
What explains business success?
This discovery still stands after over 30 years of research. However, it was his 1991 paper “How [...]
How To Develop a Winning Strategy 8/10
Posted in Strategy, Video, tagged business, Leadership, Management, strategic planning, Strategy, Success Factors on June 19, 2009 | Leave a Comment »
This 10 part video series “How to Develop a Winning Strategy” was filmed at National Speakers Association Australia event in Adelaide. I will post the 10 video’ here each Friday.
You’ve got a burning passion and you want to share it with the world.
The current economic conditions pose opportunities and threat. You [...]
Innovation in Australian Businesses – What the Figures Tell
Posted in Innovation, tagged change, entrepreneurship, Innovation, innovation in australian business on June 16, 2009 | Leave a Comment »
Innovation is carried out by many Australian businesses both big and small. The ABS in its summary of IT Use and Innovation in Australian Businesses for 2005-2006, reported that 38.9% of Australian businesses are implementing innovation.
According to the report, approximately 21% of businesses are introducing new operational processes. About the same proportion (19%) is introducing [...]
How To Develop a Winning Strategy 7/10
Posted in Strategy, Video, tagged business, change management, Leadership, Management, Strategy, Success Factors on June 12, 2009 | Leave a Comment »
This 10 part video series “How to Develop a Winning Strategy” was filmed at National Speakers Association Australia event in Adelaide. I will post the 10 video’ here each Friday.
You’ve got a burning passion and you want to share it with the world.
The current economic conditions pose opportunities and threat. You [...]
Strategize Your Strategic Thinking
Posted in Strategy, tagged chess board, maximise profit, strategic planning, strategic thinking, strategizing on June 9, 2009 | Leave a Comment »
A Powerful Tool
Strategic thinking remains a powerful tool despite the present economic condition, and need be neither impractical nor ineffectual.
Many companies are reassessing their strategies at this time of year, but the current economic climate is not a normal one, and regular route maps will not help in showing a path to success.
This is a [...]
How To Develop a Winning Strategy 6/10
Posted in Strategy, Video, tagged business, Innovation, Leadership, Management, strategic planning, Strategy, Success Factors on June 5, 2009 | Leave a Comment »
This 10 part video series “How to Develop a Winning Strategy” was filmed at National Speakers Association Australia event in Adelaide. I will post the 10 video’ here each Friday.
You’ve got a burning passion and you want to share it with the world.
The current economic conditions pose opportunities and threat. You [...]