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Tag Archives: innovation
The Power of Constant Strategic Innovation
Strategic innovation is the lifeblood of business growth and lasting profitability. It enables you to push the envelope of customer value creation, positioning your company as the strategic partner of choice. It also allows you to price higher, grow faster, … read on
Posted in Thinking for Profit
Tagged customer, innovation, investment, strategy
The Missing Element in Large-scale Change
Large-scale change. Most managers view it as the ultimate management challenge. I remember when I wrote my Harvard Business School Working Knowledge column, “The Challenges of Paradigmatic Change.” The column went out on the Web on a Monday morning, and … read on
Posted in Leading for Profit
Tagged change, innovation, leadership, management, strategy
How Did Microsoft Become Microsoft?
First, a little quiz. Which company invented these cornerstones of the personal computer revolution: First personal computer First high-speed computer network First laser printer First graphical user interface (mouse, pull-down menus, etc.)? (The answer is three paragraphs down.) A few … read on
Posted in Thinking for Profit
Tagged entrepreneurship, IBM, innovation, leadership, Microsoft, product development, software, strategy
If I Ran My Customer… Part 2
Profits are your reward for meeting customer needs. The questions on the table are: Which customers? And which needs? In my last post, I discussed the first question, which customers? Today, I’ll focus on the second question, which needs? The … read on
Posted in Selling for Profit
Tagged innovation, product development, profits, sales, strategy
If I Ran My Customer… Part 1
Profits are your reward for meeting customer needs. Sounds obvious, right? But here are two critical questions: Which customers? And which needs? The answers will have a huge impact on your profitability and business success. Today’s post will focus on … read on
Posted in Selling for Profit
Tagged innovation, product development, profits, sales, strategy
What are Bad Profits?
Yesterday, I had a lengthy conversation with the Vice President of Finance of a major company. He was immersed in the capital budgeting process, and wanted to discuss ways to evaluate investment proposals. Our conversation started with a discussion of … read on
Posted in Thinking for Profit
Tagged finance, innovation, investments, strategy
The Early Days of Facebook
This morning, I noticed that the Harvard Crimson website featured a link to the original February 9, 2004 Crimson story reporting the creation of what is now Facebook. Note the quaint headline, “Hundreds Register for New Facebook Website“. Remember, this … read on
Posted in Thinking for Profit
Tagged entrepreneurship, Facebook, innovation, leadership, social networking, strategy