Monthly Archives: May 2012
Comet Coffee – Innovation Matrix Case Study
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Hold Strong Visions Weakly
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Guest Post: by Ralph-Christian Ohr Remark : Coincidentally and amazingly, Tim and I were obviously thinking and writing about business model experimentation and pivots at the same time. Hopefully, I can add some complementary thoughts to Tim’s post from yesterday with mine today. In one of my previous posts I discussed the crucial distinction between need […]
Why Your Business Model Must Evolve
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Five Ways to Be More Innovative
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People frequently ask me “How can I be more innovative?” The answer can be elusive, as they are often asking for permission to innovate, which you will rarely receive. Fortunately, you can learn to be more innovative. Here are some thoughts on how: Innovate because you have to. I was talking with Brendan Coram last […]
Why Extractive Business Models Fail
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If you force me to choose, I pick the invention of quartz watch movements as one of the more astonishing examples of creative destruction in business. Once quartz arrived, the value propositions of most of the luxury Swiss watchmakers was instantly destroyed. Pre-quartz, they competed on accuracy. But quartz watches were 10 times more accurate […]
Leading Strategic Conversations
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The relationship between strategy, leadership and organisational performance continues to be an area of major interest for practitioners, academics and the business media. For example, the recent and untimely death of Steve Jobs has sparked a wave of interest in into his leadership characteristics and their links to Apple’s strategy and performance. As a strategist, […]
Culturematic by Grant McCracken Makes a Great Case for Experimenting
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Experiments are a critical innovation skill, and it’s one that you can use to build your Innovation Competence. A culture of experimentation is one of the elements that distinguishes highly innovative firms from those that arene’t quite as good at it. The best thing that I’ve run across recently on the importance of experimentation is […]
Why You Should Care About Network Structure
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When carbon atoms connect, they most commonly form molecules built on rings of six atoms. The things that are built out of these six atom rings of carbon are amazingly diverse. Here are the structures of two of these things: graphite (A) and diamond (B): You can see the rings in both. Same material, same […]
Are You Solving a Puzzle or a Mystery?
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Innovation is all about coming up with new solutions to solve problems. But here’s an interesting question: is the problem that you’re trying to solve a puzzle or a mystery? The distinction was made by Gregory Treverton and highlighted by Malcolm Gladwell in a piece he wrote on Enron a few years ago. According to […]
How to Improve Your Innovation Competence – Experiment!
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Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. I presented The Innovation Matrix at a conference last week. After the other three speakers in my session had given their […]
Nearly Great Innovators – The Innovation Matrix
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Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Potential Stars Some firms have a high level of Innovation Commitment, and they also have a reasonably high level of Innovation […]