Let’s start this year with a beginner’s mind. Tap into our rookie smarts. Shed the crustiest skin. Slough away the thickest callouses. Admit, for once, that we don’t know how this year is going to unfold: more unprecedented weather, politics, business transformation, and cultural change. A recent study published by NC State’s Management School revealed key risks
The Hardest Transformation: Changing What Your Measure “If you cannot measure it, you cannot improve it” – Lord Kelvin “You are what you eat.” – Anthelme Brillat-Savarin “You can’t manage what you can’t measure.” – Peter Drucker “You are what you measure.” – Anonymous Imagine Kelvin, Drucker, and Brillat-Savarin sitting down to a meal prepared from
Ratings, Subscribers, and Netflix vs. the Media Execs Do industrial era executives have blind spots when trying to understand the success of disruptive digital-first competitors? Let’s take the case of media and the metrics of ratings vs. subscribers. Traditional TV and cable execs are still struggling to understand content consumption habits from video-on-demand, gaming consoles,
What do these recent events have in common: Cops are offered free body cameras from Taser Farmers are buying software patches from Ukrainian hackers for John Deere tractors Burger King tricked Google Home devices to talk about the Whopper In all of these cases, connected devices are reshaping business models. These new models are in
You know you need to clarify where your business model is headed. Whether you are just starting, scaling into growth, or you are the market share leader, you are always looking new ways to generate value. The most valued companies today never stop creating new business models. Profitable innovators change their business models twice as
Stress-testing your business for a new policy agenda Since the election, US stocks are mostly up. Except hospital stocks. Public hospitals like HCA are worth looking at the stock charts to see how wrong we were about the election – rising high the day before, tanking the day after. Then there are the health insurance
An exercise to re-engage and build the future you want to see “I don’t care what you say about this election, our stock price is at an all time high so it can’t be that bad. This administration might be the best thing ever.” said Rogerio, who voted for Gary Johnson, the Libertarian candidate. “How
Today at 11 EST I’ll be giving an online talk for the virtual Circular Economy “Dif” Festival put on by the Ellen MacCarthur Foundation. What was planned to be a thorough analysis of common business model mis-conceptions has changed in light of recent events. We will discuss: Equitable outcomes. Ray Anderson. Circular economy. Business model myths.
Competing Design Philosophies in the Two-Sided Marketplace of Time The Sopranos series was violent. But the most painful scenes for me drew a hyper realistic version of my Northern New Jersey upbringing. There’s that scene in season one, episode three, when Carmela hires her restaurant owner friend Charmaine to do some catering for a fundraiser.
A word battle may be increasing your product fail rate “I’m not sure if we’ve fully described the pain points for the patient customer, let’s take another crack at that one,” said the product manager. She was trained as a computer scientist and was practicing a method she recently learned at a “Lean Startup for