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Archive for June, 2009

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 [...]

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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 [...]

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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 [...]

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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 [...]

Read Full Post »

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 [...]

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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 [...]

Read Full Post »

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 [...]

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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 [...]

Read Full Post »

Strategic Innovation Newsletter
 
Welcome to the May edition of Strategic Innovation newsletter, a free monthly newsletter on leadership, strategy and innovation. Delivered on the first Tuesday of each month.
Back issues are archived for free downloading atwww.DanielLockConsulting.com.
 
15 Tips For Leading In Freaked-Out Times.
 
1. Leaders create order from chaos.
If there is no chaos, then there is nothing to put into [...]

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