This month, with great fanfare Georgia Tech University in Atlanta, Georgia announced the opening of its $400M Coda building. It is designated as a “Lab for Creation”. The 21-story building in unlike any other one because it features a grand piazza at its base where a food hall and outdoor furniture welcomes students, faculty and […]
Archive for the ‘Executing Your Strategy in a Systematic Manner’ Category
April 2019 – Successfully Crossing the Finish Line with Your Innovation
This month a team of Israeli researchers announced the breakthrough of “printing” the world’s first 3-D vascularized, engineered heart by utilizing tissue cells from the patient’s own biological material. Up to now, with 3-D printer technology scientists have only successfully printed simple tissues without blood. The director of the project, Prof. Tal Dvir of Tel […]
March 2019 – Effectively Developing Innovative Ideas
The Problem Last month it was reported that reasonably priced fruits and vegetables could disappear in America because of a dwindling pool of farm workers. Agricultural analysts say the labor shortage is already forcing up wages. “The labor force keeps shrinking,” said Gary Wishnatzki, a third-generation strawberry farmer. “If we don’t solve this with automation, […]
December 2018 – Do This One Thing To Become More Innovative
During 2018 many new innovations were developed and one of the most interesting ones is a team of researchers from the Massachusetts Institute of Technology developed a “smart pill” which contains a strain of bacteria and electronics that can be used to identify signs of disease in a person’s body. Hopefully as this technology improves […]
August 2018 – How to Find and Develop Innovative Ideas Like Google Does
Last year Google completed the first entire restructuring of their corporate organization since it started. This reorganization included creating a parent company, Alphabet, Inc. and then moving various units that were formerly part of Google to separate entities. Part of this effort included repositioning their research and development arm, into a company called Google X. […]
September 2017 – Why So Many Companies’ Strategy Fail
I recently was reviewing two studies, one by McKinsey & Co. and the other by Harvard Business School that found 90% of organization’s strategies that fail do so because of lack of execution. What they discovered is that most of companies they examined had a practical and achievable strategy for their business, they just did […]
February 2017 – Creating Experiences Worth Repeating for Your Customer
While at an event recently, I was talking with a Senior VP of Marketing of a Fortune 1000 company and the topic of keeping customers satisfied and happy came up. They went on to share their company was so committed to building long-lasting customer relationships that several years ago they hired a VP of Customer […]
February 2016 – Go Where the Money’s At
Recently, at the dedication of Kennesaw State University’s new Entrepreneurship Center I got asked the question, “Without hiring an MBA to do a Return on Analysis calculation, how do I know where I should put my money in my business to get the biggest payback?” That is a very good question and we all wrestle […]
December 2015 – The Most Powerful Tool Known to Mankind
The Most Powerful Tool Known to Mankind Picture this – you have a looming deadline on a task or deliverable and you don’t know where to start or you have barely begun the work to accomplish it. In school it may have been a book report you put off to the last minute. At home […]
October 2015 – Why 90% of Businesses Fail
Why 90% of Businesses Fail According to two landmark studies, one by McKinsey & Co. and one by Harvard Business School, 90% of business strategies that fail do so because of lack of execution. In other words, the vast majority of companies that don’t make it actually had workable game plans – they just didn’t […]