Do you know your customer? Do you REALLY know your customer?
You can make whatever you do cheap, quick, innovative, or good, but you can only have two of the four at one time. Think about it. I'll wager you will come up with lots of further examples of this "law" from your own experience.
When was the last time you thought about taking your business to new and heady heights, but didn't actually get any further?
Yes it does. In fact, innovative companies lead in every way. They have well-managed workplaces. And their return on shareholder funds is superior.
We are often searching for creative solutions to the day-to-day problems of running a business. Creativity can simply be seeing a problem in a brand new light, finding a brand new opportunity, resolving an issue or finding an often unlooked for answer or idea.
It is one thing to understand how to grow your business - with some planning and foresight this is achievable but it is another to understand how to take your business from being good, to being great.
Stuck in a mental rut? No storm in your brainstorming sessions? Try these ThinkModes on for size.
Wayne Dyer said it well. Our outlook is all wrong. We're constantly looking outward for the answers to our questions and solutions to our problems.
Company leaders must actively choose a philosophy of innovation that helps everyone in the organisation understand how to get beyond the obstacles to success.
Ideation is the flow of ideas that can be converted into business growth on a consistent basis.
If you want more innovation, you've got to innovate your innovation system.
Let's assume that your business decides to pursue a strategy of innovation. Is there a formula to determine what kinds of people you will need to attract, hire, develop and retain in order to make sure that you can succeed in being innovative?
What gives firms competitive advantage isn't just their repository of sheer knowledge, but their use and encouragement of so-called "performative ties" - those impromptu communications made by colleagues who are strangers in which critical knowledge is transferred. While many companies have the potential to realise competitive advantage by creating and transferring knowledge more efficiently across employees, few know how to do it successfully.
If you really, truly want your staff to be creative, motivated and happy - tell them you want them to make mistakes. Tell them you'll punish them if they don't.
How can you be more creative? How can you turn creative ideas into cash. How can you motivate and inspire others to be more creative? There's a saying that locked inside every person is a 'million dollar idea' waiting to happen. How can you turn these ideas into reality? This article provides a step-by-step guide on how to get started, revitalize or have a fresh look at how to turn your creative ideas into cash.
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