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When it comes to funding investment in cost-center functions like IT, efforts can often go underfunded because the ROI doesn’t meet the normal cost-justification hurdles. That’s because we are used to evaluating Productivity Zone investments on the basis of direct impact on the...
Leading strategic growth and change doesn’t need to be a mystery! If only we taught people the skills necessary for three key leadership roles, it could be a lot more systematic and corporate transformation efforts might yield a lot more success.
It's tempting to use the practices that yield predictable results to manage the innovation and transformation process. Big mistake, according to our colleague and friend Geoffrey Moore. Read on for insights.
Innovation is still not optional
In a prior post, written during the...
We know that to create meaningful innovations that can move the needle for the companies that sponsor them, attention, resources and commitment needs to be sustained. But in too many organizations, innovation gets started,...
You would think that after funding and supporting people to develop innovative new ideas, that the parent corporation would want to take advantage of launching them. Nope. Markets are full of concepts that didn’t fit the parent firm – either not consistent with their strategy or...
The first step of discovery driven planning lies in specifying what success looks like. For for-profit projects, this usually takes the form of a level of growth or enhanced profitability. But there are many kinds of projects that don’t have such a clearly defined outcome – this...
Jeffrey Pfeffer, in his great book “The 7 Rules of Power” declares that “success excuses (almost) everything.” Success also determines which stories about the origins of that success get told and which headlines are buried. This makes it all but impossible to...
OK, we have finally realized that innovation and transformation are not optional for the long run well-being of a large enterprise. But that is a far cry from having the capability to do something with that understanding. The good news is that the things that sink innovation efforts are often...