According to Don Sull, an alumnus of McKinsey and a senior lecturer at the Massachusetts Institute of Technology’s Sloan School of Management: When it comes to innovation, the single most common piece of advice may be to “think outside the box.” Constraints,...
“Instead of searching the world broadly, we are all kind of searching only in this little sphere,” Terwiesch says. “In innovation, variance is your friend. You want wacky stuff because you can afford to reject it if you don’t like...
When the benefits and values are not perceived by the customer and the attributes are standardized, goods and services become commoditized. According to Professor Michel, “Commoditization is a bad word. It is procurement’s weapon to make you lower your prices. And...
Duke University - The Fuqua School of Business, Distinguished Speaker Series: Sam Allen, Chairman and CEO, Deere & Company
According to Ashley Harshak, DeAnne Aguirre, and Anna Brown, the fact that change has become more frequent does not make such changes any easier. Change is, at its core, a people process, and people are creatures of habit, hardwired to resist...
  Meeting customer expectations  Today’s customers do not want digital versions of the same manual, bureaucratic processes they faced yesterday. They search, download, pay, and listen to music all in one go. Companies that want to win at digital adoption are therefore recognizing...
Networked devices engaged in machine to machine conversations can optimize what to do, when to do it, and by how much, but do we trust them to ever ask: “why are we doing this in the first place?” Why are we...
Growth is shifting, disruption is accelerating, and societal tensions are rising. Confronting these dynamics will help you craft a better strategy, and forge a brighter future. According to the latest McKinsey research,it is easy, to lose sight of long-term trends amid short-term...
As chairman, General Dempsey was the senior officer in the U.S. Armed Forces and the military advisor to both the Secretary of Defense and the President. General Dempsey was named one of the 100 most influential leaders in the world...
  Incremental change is not enough for many companies today. These companies need to re-invent themselves. Re-invention is not changing what is, but creating what isn’t. A butterfly is not more or a better caterpillar, it is a completely...
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