Raise your hand if you know of an entrepreneur who went out of business recently. Wow, that’s a lot of hands. I’ve had the pleasure of hanging out with thousands of entrepreneurs over the years—thanks to being involved in leadership roles through Entrepreneur’s Organization and Young President’s Organization—and, sadly, my hand is up too. If […]
Your company has a senior person who is legendary for saying, “No, it will never work.” Learn to manage—not fall victim to—this type of person. Here’s how: In my book Free the Idea Monkey, I asked the question that everyone on your team has probably asked more than once: “What if Harold doesn’t approve?” And […]
Last week, Mike spoke with Michael Stein on KWAM – AM990. You can listen by clicking on the microphone below:
Iron Man is a fictional superhero. A.G. Lafley, the former chairman and CEO of P&G, is a real one. He took a proverbial, slumbering consumer products giant and turned it into a company that delivered $100 million worth of new products to market, quarter after quarter after quarter. Many people attribute Lafley making open innovation […]
Based on how quickly the world is changing and the contributions she has made already to the topic, this is a reinvention we should all welcome.
Why Being Too Smart Isn’t Too Smart The infinitely quotable—and really smart—Albert Einstein once said, “We cannot solve our problems with the same thinking we used when we created them.” So here’s a question for you: Are you smart enough to play dumb for awhile? With that question in mind, see if any of these […]
Mike will speek with Armstrong Williams and Logan Delany on April 3, 2013.
There is a simple question that when deeply considered, can change your business instantly. It is a question that enormous companies usually get wrong and small companies often get right. It is a question central to many of the world’s most profound innovations. Give up? The question is this: “What business am I really in?” […]
If you work for a company that loves to tell the world—through its ads, marketing materials, email blasts and the like—how innovative it is, while all the while it’s losing market share, your organization is paying what can only be called “an innovation deficit tax.” Marketing and advertising are the tax—the financial penalty—you pay for […]
See if this sounds familiar to you: The CEO says, “We must become more innovative.” She hires or assigns a Chief Innovation Officer. An innovation task force is formed. The task force comes up with a really cool code name for itself, e.g., Project Blue Ocean. Secret meetings take place. There is excitement and murmuring […]