Leadership Series: Strategy
Leadership Series: Strategy Today we’re going to discuss a leadership topic of great importance—strategy. We’ll talk about the “What” and“Why” of strategy and how to apply it to your life and business. But first, a quote from legendary Japanese swordsman Miyamoto Musashi: “Perception is strong and sight weak. In strategy it is important to see distant things as if they were close and to take a distanced view of close things.” What is strategy? Michael D. Watkins, Chairman of Genesis Advisers, in his HBR article, Demystifying Strategy: The What, Who, How, and Why, defines...
Read MoreTime Management
Time Management Time management is truly a fundamental “make or break” in the life of anyone. The wise use of time produces powerful results and the misuse of time can be devastating. Today, we’ll provide some tips on how to manage this invaluable and wasting (constantly diminishing) resource. 1. Roles and Goals The first step in time management is to understand your roles and goals as an individual. Take a minute to write down each of your roles: husband/wife, father/mother, employee, boss, volunteer, student, coach, etc. Experts recommend having no more than...
Read MoreThe Business Model Canvas
The Business Model Canvas Now that we’ve spoken about the Business Idea Canvas, our next tool in line is the Business Model Canvas. This revolutionary tool is a simple, yet powerful method for setting structure to your business idea/new product/new branch of your existing business in order to understand your “business model.” Well, that’s a catchy, often over used term, but what is a business model? Investopedia defines it as: “The plan implemented by a company to generate revenue and make a profit from operations. The model includes the components...
Read MoreThe Big Idea Canvas
The Big Idea Canvas So you have this great idea to start a new product line, to make a new branch in the company or to start a brand new business. Well, does it have potential? That’s where the Big Idea Canvas comes in. The Big Idea Canvas is a very useful tool to analyze any new or planned changes in your business model. It will take you through five main areas to discover your idea’s potential: Pain of the Customer – Who is your customer, what is their pain and how bad do they need your remedy? Potential of the Market – Is this a big enough problem to...
Read More2016: A Year of Innovation
2016: A Year of Innovation Innovation is quite the buzzword these days–and with good reason. In this fast changing, digital era, creative change is constantly happening in the business world. For some, being innovative or creative in a business environment may come easily, but what if you feel like you’re more of the “put your head down and get it done” kind of person? Here’s what Jeffery Dyer, Hal Gregersen and Clayton Christensen have to say. As a result of an extensive study of some of the most innovative entrepreneurs in recent years they share:...
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