Bruno, a soft-spoken man in his early 60’s, was nearing retirement and he was concerned about his company’s future. He wanted to sell his company, retire, and spend more time living on the coast sailing his ocean-going yacht. While he was a very determined person who built his manufacturing company from the ground up, he […]
Archive for the ‘Developing a Comprehensive Strategy for Your Business’ Category
June 2022 – The Three Essentials for Creating The Business You Long For
What do Henry Ford, Sam Walton, and Michael Dell have in common? They all utilized a systematic approach to build their companies – an approach you can use also to plan for, grow, and create the business you long for. Henry Ford did it with the concept of mass-producing the automobile, Sam Walton did it […]
October 2021 – The 5 Steps to Working “On” Your Business Instead of “In” It
This month, General Motors CEO, Mary Barra made a startling promise – the company would double its annual revenue from approximately $140 billion to $280 billion by 2030. Barra said GM plans to do this with an array of innovative new electric vehicles, profitable gas-powered cars and trucks, and related services such as an electronic […]
September 2021 – Developing a Vision for Innovation That Will Transform Your Company
This month Intuit, the maker of QuickBooks and Turbo Tax, boldly signaled their vision for Innovation by announcing their purchase of the email marketing company, Mailchimp for $12 billion. Alex Chriss, Intuit’s executive vice president, said that Intuit will integrate Mailchimp’s marketing, social media and communication tools into QuickBooks, to try to help Intuit’s small […]
June 2021 – Innovation Alert – Possible Changes Coming to an Airline Near You…
Innovation hits a jack pot when it accomplishes two things simultaneously. Generates more revenue for the company Creates a better customer experience As famous author Ralph Waldo Emerson said, “Build a better mousetrap, and the world will beat a path to your door”. Right now both the airline industry and aircraft manufacturers are trying to […]
April 2021 – How Innovation Can Transform Your Marketing and Sales Area
Innovation has many aspects. When we think about innovation perhaps a new app, electronic device, or medical breakthrough may come to mind. Earlier this month I had the pleasure of touring four Disney theme parks in Florida and because of my interest in innovation I visited several of the attractions that delved into some of […]
March 2021 – Effectively Focusing Your Organization’s Innovation Efforts
As we continue to examine various concepts from our business growth and scaling methodology, the Structure of Success™, I would like to delve into where should one devote their innovation effort? This decision is similar to how a person chooses to spend their time – there are better uses of their day, and less advantageous […]
February 2021 – What Is the True Goal of Innovation?
Before I dig into “What Is the True Goal of Innovation”, let me answer a question I have been receiving all the time. Many of you have asked, when is my next book due out? So, I have some exciting news, my 4th book, which is titled Work Less, Make More and Have Fun in […]
January 2021 – Can Only Small Companies Innovate Effectively?
Identifying possible innovations and then developing them to the point of commercialization is a challenge for any size business, particularly so in larger companies. The cause of this size related difficulty involves both the complexity of the larger organization and where the company resides on the continuum of internal innovation cooperation versus competition. Recently our […]
October 2020 – How Successful Companies Mine Innovative Ideas During the Pandemic
The COVID-19 pandemic reared its ugly head in the United States back in January this year and it has changed all our lives, including how each of us thinks, makes decisions, and acts. One big decision that people have to deal with is, since the COVID-19 virus remains on surfaces of various things that are […]