Business Models

Are You In Innovation Denial?

Sometime over the next decade (if it hasn't happened already), your company will be challenged to change in a way for which it has no historical precedent. Look around the world today and we see entire industries whose business models have gone belly up. The pharmaceutical industry has a fundamentally broken business model. The global grocery business has an imperiled business model.

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Four Rules to Snap Judge a New Venture

I analyzed multiple businesses for investment and acquisition purposes in the last 20+ years of my profesisonal career. In 2009 alone I suspect I reviewed more than 600 different businesses. Obviously, you need to develop “snap judgment” capabilities, that allow you to quickly, in less than a minute, develop a “gut feeling” for whether a certain business is a good investment or not.

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Connectivate! Angie's List

Organizations still have a long way to go to to fully integrate the social web to connect to their customers. Here are some great examples, curated by Hult International Business School and Center for Innovation, Excellence and Leadership (IXL Center). Their book Connectivate! is a collection of real world stories from 54 innovative companies whose breakthroughs are changing the world.

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What is Innovation?

People often think it’s weird when they hear that I study innovation – even people in very innovative jobs. The biggest reason for this is mistaking invention for innovation. If you do this, then studying innovation makes no sense at all – what can you learn about the flash of insight, the stroke of genius, etc.?

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