Monthly Archives: November 2017

Ready or Not? Black Friday Online Shopping Frenzy

Ready or Not? Black Friday Online Shopping Frenzy - Innovation Excellence

Last year, online sales on Black Friday reached an all-time record of $3.34 billion, up 21.6 year-over-year...and this year's online sales are likely to exceed last year's record. Last year's holiday shopping surprise performance of online versus brick and mortar shocked the retail community and this year's Black Friday weekend will bring even more surprises.

Read More »

Age Diversity and Innovation Teams

Age Diversity and Innovation Teams - Innovation Excellence

There are lot’s of ways to increase diversity, but should this include age? Are we better of with younger, passionate teams that challenge the status quo, or more mature teams that leverage broader experience and expertise? Or are these both stereotypes, and age doesn’t really matter.

Read More »

Why the Test & Learn Approach Does Not Work

Why the Test & Learn Approach Does Not Work - Innovation Excellence

The in-market test & learn approach to innovation is becoming increasingly common, because it meets the cultural needs of modern businesses to behave entrepreneurially. At The Strategy Distillery we believe (and have witnessed) this approach is life threatening to the future success of a newly launched product or service. Here's why...

Read More »

Five Tips for Prioritizing Every Day

Five Tips for Prioritizing Your Day - Innovation Excellence

This past weekend, after finally completing the book I’ve been working on for more than 2 years (The Moral of the Story), I was looking forward to relaxing a bit with the family. However, it didn’t take long before thoughts of all the things still on my plate for the weeks ahead began causing anxiety. In addition to the typical ...

Read More »

4 Easy Ways to Retain Your Top Talent

The biggest challenge and greatest reward come from keeping the best people. Here’s how… Creating a world-class team is tough enough but keeping the team together, especially when you’re growing a company, is one of the greatest challenges you will face. One of the cornerstones of the success of my first Inc. 500 company was putting together a core team ...

Read More »

What Appears to be Strategy Often is Not

I regularly engage in hansei (reflection) after each of my facilitation engagements. It’s a simple learning mechanism, essentially an after-action process of asking: what I expected to happen (my hypothesis if you will), what actually happened, and what explains the gap, if there is one. And there invariably is. The gap is where learning and insight live. It creates new knowledge. It’s ...

Read More »

Attention Residue and Innovation

I recently came across Sophie Leroy’s academic paper, “Why is it so hard to do my work? The challenge of attention residue when switching between work tasks” Leroy, an organisational psychology professor from the University of Washington, researched why it was so difficult to maintain productivity from one work-task to the next. Her findings, unsurprisingly, discovered that: “People need to stop ...

Read More »