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Innovation & Entrepreneurship
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Contributor: Editorial Staff
Posted: 04/03/2018
Part IV: Applying The Drucker Approach To Reinventing Government Agencies
In this fourth and final installment of this MMN e-book series, unlock Drucker’s 6 steps to planning and implementation as well as the thought leader’s 4 keys to making real change happen in your government agency.In Part III of this e-book, we discussed the need for every agency to define what they mean by results and the importance of... Full Content »
Contributor: Management Matters
Posted: 03/30/2018
innovation marketing
Innovation means the creation of new value and new satisfaction for the customer. Successful innovating organizations, noted Peter F. Drucker, measure innovations "not by their scientific or technological importance but by what they contribute [in terms of value] to market and customer." Innovation in a business enterprise must be always... Full Content »
Contributor: Management Matters
Posted: 03/28/2018
innovation
Tomorrow's job inevitably attempts to create entirely new businesses, entirely new business models, entirely new products, entirely new markets, entirely new operating methods of more than trivial dimensions.Today's job is to continuously improve what is being done, exploit existing successes by increasing usage within existing customer groups,... Full Content »
Contributor: William Cohen, Ph.D.
Posted: 02/21/2018
office workers
Drucker was both the Father of Modern Management and a high-priced consultant to major corporations billing as much as $10,000 an engagement for a few hours work. He made millions for them and was worth every penny. He used unique strategies to build his own career himself that was quite different from other consultants. Drucker had four... Full Content »
Contributor: Editorial Staff
Posted: 01/28/2018
data
This is a story with a lesson. Dr. Morris Hamburg in his much-acclaimed Wharton School course on statistical decision-making used this unforgettable example to illustrate different interpretations to statistical data."The heroine of our story…is a grammar school teacher, who wanted to demonstrate the harmful effects of drinking liquor to a class... Full Content »
Contributor: Eric Haller
Posted: 11/08/2017
office 4
Across North America, 93 percent of business incubators are small nonprofits, according to the International Business Innovation Association. Statistics like that align to the common assumption that entrepreneurship lives solely within startups, stand-alone incubators, and business accelerators.However, the days of startups holding a... Full Content »
Contributor: William Cohen, Ph.D.
Posted: 10/25/2017
innovation 6
Frederick Smith thought up the idea behind FedEx while still in college and Albert Einstein developed the Theory of Relativity not while laboring before a computer or over complicated formula on a blackboard, but while lying comfortably with his eyes closed on a couch. Is there anything you can learn from them about innovation? Peter F.... Full Content »
Contributor: Josh Steimle
Posted: 08/16/2017
innovation4
I’m a fan of Harvard Business School professor and best-selling author Clayton Christensen. Christensen’s research focuses on what he terms “disruptive innovation,” or those innovations that target non-consumption with products that are inferior but “good enough” for consumers who previously had nothing at all. Christensen’s model shows how... Full Content »
Contributor: Editorial Staff
Posted: 08/14/2017
team
It's often said: People confuse good management with a good idea that makes management look good.What's not said is: It takes a special kind of management and organizational structure to put a good idea into action.A management that has the know-how, energy, fearlessness, and staying power to implement genuinely good ideas that are consistent with... Full Content »
Contributor: Editorial Staff
Posted: 08/11/2017
creative imitation
There are two ways to imitate the innovations of others—namely; (1) developing a "me-too” or copycat offering to compete directly against the originator's innovation and; (2) launching a creative imitation of a rival's success.The difference between a "copycat” and "creative imitation" strategy is straightforward.A "me-too" offering is a direct... Full Content »
Contributor: Editorial Staff
Posted: 08/10/2017
creative
Editor's Note: We live in a business world that increasingly worships innovation. Why? Because it is essential to sustaining long-term growth and profits.But before all our energy and imagination is directed at producing and managing innovation, it's useful in to look at the realities of business life. Most "newness" is not innovation at... Full Content »
19 results
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