I MENTIONED to a project sponsor the other day that I was about to do a brainstorming workshop, and she laughed at me saying how “1980’s” the word ‘brainstorming’ was. I don’t know what to call it any more, maybe a more sophisticated word is ‘ideation’. Either way, coming up with ideas is an important [...]
Discussing the local economy, Battelino said the strength of household consumption in terms of spending on services had been strong despite subdued retail sales, with households spending more on services, most notably entertainment, dining out and overseas travel. “At one level this was surprising given the clear signs of caution among households, but it is [...]
A friend and colleague, Steven Shapiro has a new book Best Practices Are Stupid coming out at the end of the month. He is right best practices really are stupid, but I repeatedly hear managers asking for benchmarking reports. But why are they stupid. An article in the McKinsey Quarterly on Strategy (sorry lost the [...]
LAST month I wrote about Kaizen versus innovation, and how neither is better than the other they are in fact two elements of the same thing. But in any project, whether kaizen problem solving initiative or a completely new innovation there is often a drive to deliver quick wins. Instead of focusing on quick wins, [...]
An ongoing debate is that innovation is better than problem solving. But in reality you cant have one without the other. Innovation is usually large scope change, kaizen is the small continuous change demanded daily. Innovation – that is large scale is scary – the smaller low key circumvents the fear mechanisms. It’s the frog [...]