Most companies think they have a clear strategy. However, what they think is a strategy is usually nothing more than a set of goals. A real strategy requires clarity on not only what you want to achieve, but how you will choose to focus on achieving this, as well as what you choose not to [...]
In today's episode of the Idea to Value Podcast, we speak with Michael Raynor, Managing Director for the Deloitte US Strategy group, and author of numerous groundbreaking books on innovation, including The Innovator's Solution and the Strategy Paradox. We speak about the link between strategy and innovation, what companies get wrong about disruptive innovation and [...]
In today's episode of the Idea to Value podcast, we speak with Professor Rita McGrath, one of the world's most respected experts on the intersection between strategy and innovation. One of the interesting points we cover is the concept of Inflection Points in innovation, and the management structures and governance from leadership required for innovation [...]
As someone who works for a strategy consultancy, it becomes clear that for most companies, there is a disconnect between what they say their strategy is, and how they actually behave. This can have a profound impact on the likely success rates of innovation in those companies. I recently rewatched the excellent TEDx talk by [...]
Part two of three. See part 1 here One real power of a brand is that it serves as a tuning fork for an organization, helping them quicken strategic decisions, vetting new opportunities, and making hard choices when projections are slipping away from the target. Nothing kills brand value more than short-term revenue focus. When [...]
Some companies are born innovative, some achieve innovation and others have innovation thrust upon them. To be innovative at birth is a fine start for a company and to carry on innovating throughout its existence will make for a longer, richer life. To achieve innovation is a conscious process of directed change - of strategies, [...]
