Categories
Strategy

Pie or Cake?

Strategy involves defending your slice of pie, or growing it bigger. Innovation involves saying, “hey, we have some pie, why don’t we bake a cake or some cookies to go with it.” Some companies spend so much time trying to get more pie, that they never get a chance to enjoy a second dish. Business […]

Categories
Economics

You, Humans and Life

When a baby is born it knows nothing about the world. So little, in fact, that it has no concept of self. The baby, its mother, and the world are one. As the baby grows it discovers the world for the first time. Hands, feet, pee, poop, mumma and dada.  The baby’s mother whispers “you […]

Categories
Innovation

Navigating Business Partnerships

(Source: 드림포유) Business partnerships can be an integral part of start-up success and growth of a new venture. If properly implemented and executed, partnerships can be an effective way to grow your enterprise without having to implement time consuming and difficult changes or having to make costly investments. Each partner brings expertise and assets which […]

Categories
Innovation Strategy

Culture vs Strategy

Strategy involves understanding your current position, deciding on a destination, and charting a course from here to there. Culture is about who you are, and why you do things. Culture is arguably more important than strategy because, if you look at it over the lifetime of a product or an organisation, the culture is the […]

Categories
Economics

Cannibalisation Is Not A Useful Choice Of Language

Phil Libin, CEO of Evernote, doesn’t like the word “cannibalisation” because it’s zero sum. It implies that you’re the guy doing the eating or being eaten. He says being in business is not like playing a sport or being in warfare. It’s more like music, it’s more like art. It’s not a zero sum game. […]