Tag Archives: GM

Are Petrol Stations the Future of Starbucks?

Recently the Seattle Times published an article from the Washington Post highlighting a gas station in Maryland that has made the bold move of turning off its gas pumps and installing electric charging stations in their place. Which got me thinking… Given that in the early days of automobiles you had to go to the pharmacy and buy gasoline in ...

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What is Your Winning Aspiration?

A winning strategy absolutely must begin with a winning aspiration. Too doctrinaire? Allow me to explain the premise the way I learned it from Roger Martin, one of the best strategists on the planet. The operative word is “winning,” for the simple reason that if you’re not winning, you live in fear of the competitor in your space that is. ...

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Changing the Innovation Game

Open Innovation has gained a lot of traction since Henry Chesbrough’s eponymous 2003 book. Simplistically, it can be split into two. The first, the vast majority, is inbound, where a business uses the assets of other companies to develop something new and take it to market. The second is outbound, where a company licenses its assets to somebody else to take to market.

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Will Your Strategy Kill Your Company?

Many companies once believed - and some of them evidently still do - that business models were essentially immortal. The prevailing attitude was that while product portfolios might need to be refreshed every now and again, successful strategies would remain successful for the rest of time. Shell would suck oil out of the ground, General Motors would make cars, Xerox would make copiers, and that's the way it would always be.

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Premature Innovation

Prevailing business culture these days is obsessed with speed. People are obsessed with fast prototyping, failing fast, and getting to market fast. But too often people don’t stop to think whether their innovation efforts are going too fast. It’s almost as if the word premature is fast becoming as taboo in the boardroom as it is in the bedroom.

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