Not so long ago we associated innovation exclusively with brilliant people or organizations that had the resources to fund extensive research. An innovation meant producing a novel product or service – something differentiated and not easily replicated or improved. But, as we have learned by observing “why companies fail”, without innovation, your organization dies. So every organization, not just the smart or rich, must find ways to innovate and differentiate. The big challenge for you as a leader is getting yours to deliver innovation.… Read more about Improvement vs. Innovation. Will your organization make the difference?
… Read more about Warning: You May Be Suffering From Management Myopia
What is Management Myopia?
Myopia is known as near-sightedness, an ability to see near objects clearly while distant objects appear blurry. It is a common complication that afflicts nearly 22% of the population.
Management Myopia is the failure of management teams to see beyond short-term events. While statistics are not available for how many managers suffer with this disease, the gravestones of historic market leaders that are no longer in business suggest that the proportion is very high. That is why every leader should take steps to correct their organizational near-sightedness.
It’s common to find topics around supply chain optimization on the agenda of board meetings – in fact, over 85% of senior executives say that refining supply chain performance is one of their top priorities. Why is that? Well, a lean supply chain process is crucial to maintaining profit as well as happy and loyal customers. If you’re new to the planning and logistics side of business, or simply wanting to understand this process better, I wrote this quick guide to help you get a handle on basic best practices for supply chain management (SCM).… Read more about Supply Chain Management: An Introduction and Guide to Increasing Performance
Market place innovation or disruption is driving you out of business, you don’t know it yet. Here is what you need to do to avoid this fate.… Read more about Warning: Innovation Is Killing Your Business
Entrepreneur’s define tomorrow and understand today. They live both forwards and backwards. Entrepreneurs invest themselves in making the tomorrow they care about. They imagine a reality and expect more than others think possible.
How many people do you know could reinterpret Drucker, the management guru, and make his work relevant again? That writer would have to be brilliant, would have to be a guru of sorts themslef!… Read more about Reinterpreting Drucker The Management Guru