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Today's Leadership Thoughts

 

The Three Box Solution For Leading Innovation

  Vijay Govindarajan’s book, The Three Box Solution , is all about how to: Box 1 – Manage your present core business at peak efficiency and profitability. Box 2 – Escape the traps of the past by identifying and divesting business and abandoning practices, ideas, and attitudes that have lost relevance in a changed environment. Box 3 – Generate breakthrough ideas and convert them into new products and businesses. And, as leaders, he recommends that you e nsure your organization does now fall into any of these three traps: The Complacency Trap – where current success conditions a business to suppose that securing the future requires nothing more than repeating what it did to succeed in the past. The Cannibalization Trap – that persuades leaders that new business models based on nonlinear ideas will jeopardize your company’s present prosperity. In other words, don’t protect your present core business by resisting ideas that don’t conform to models of the past. The Co...

Today's Leadership Thoughts

Two great thoughts from the book, Moving The Needle , by Joe Sweeney: If you have a big enough why , the how will take care of itself. When you meet face to face, it's easier to see eye to eye.