Customer Requests are Signals not Signposts – Focus on the Problem

By Paul Sloane / November 15, 2019 /

The best innovations solve real problems. They provide solutions that customers are prepared to pay money for.   So it seems to make sense that we should listen carefully to customer requests.  But this can be a mistake.  In the famous words of Steve Jobs, “It isn’t the customer’s job to know what they want.”  The customer…

Read More

The Secrets to Effective, Efficient Ideation

By Adam Malofsky / November 13, 2019 /

We all want to win the never-ending race for great, effective, profitable new ideas. We want these ideas without a huge effort, without a huge risk and without a huge investment. We also want ideas with impact, that are rapidly actionable and ideally that utilize mostly existing resources and relationships. Most ideation is done in…

Read More

Accompanying European SMEs on their Open Innovation Journeys

By Maria Augusta Mancini / October 2, 2018 /

Within INSPIRE (standing for Integrated Support of oPen Innovation pRofessionalization initiative), a Coordination and Support Action funded by the European Commission under H2020, we have investigated in depth Open Innovation (0I) practices in SMEs across Europe with a view to distilling lessons about how to improve the supply chain and deploy a dedicated support package.…

Read More

5 Trends Driving Corporate Innovation

By William Treseder / September 20, 2018 /

The leaders of a 25,000-person U.S. government organization had a serious problem. They were stuck with outdated hardware and software, sometimes dating back to the eighties. Their workforce did not seem capable of adapting, and frustrated younger employees were leaving for more promising opportunities. Their customers and partners were asking for increasingly complicated support using…

Read More

Six Things You Have to Believe in Order to Succeed

By Tom Koulopoulos / April 15, 2018 /

Success, in business and in life, is about following a set of beliefs that will guide your journey when nothing else can. “Practice the right beliefs and somehow the world starts to present you with opportunities you’d otherwise never notice, practice the wrong ones and opportunities pass you by like noontime shadows, fleeting and barely…

Read More

The Bright (and Innovative) Future of the Mom and Pop Shop

By Yoram Solomon / December 18, 2017 /

Small businesses can’t compete with the massive logistics machines and bargaining power of mega retailers. Prime retail space prevents competing with the cost structure of online retailers, who ship out of low-rent warehouses, and may avoid sales tax for being out-of-state; or they can’t offer same variety of online retailers. Yet, there is a future for small businesses…if they understand their advantage.

Read More
Why the Test & Learn Approach Does Not Work - Innovation Excellence

Why the Test & Learn Approach Does Not Work

By Shelly Greenway / November 15, 2017 /

The in-market test & learn approach to innovation is becoming increasingly common, because it meets the cultural needs of modern businesses to behave entrepreneurially. At The Strategy Distillery we believe (and have witnessed) this approach is life threatening to the future success of a newly launched product or service. Here’s why…

Read More

10 Ways to Create an Amazing Business

By Tom Koulopoulos / October 17, 2017 /

No list can guarantee the success of your business, but this one guarantees it will be amazing. We love lists. I’m convinced that etched on some ancient cave wall there exits a bulleted list of the Ten Things Every Cro-Magnon Must Do To Succeed; okay, it may be just three things, but none-the-less our love…

Read More
Business Guru

Here’s Why You Should Think Twice Before Listening To Business Gurus

By Greg Satell / September 23, 2017 /

Probably the hardest thing in business is to innovate consistently, year after year and decade after decade. Take a look at any industry at any point in time and you’ll find one company that seems to have hit on a secret formula only to find that ten years later that things have gone awry. Consider…

Read More
Clarity - Getting Clear on Your Strategy

Getting Clear on Your Strategy

By Matthew E May / July 20, 2017 /

“If I had the key members of your executive suite all in the same room, would they all be able to articulate the essence of your business strategy clearly and consistently?” I asked the executive vice president of strategy. “Probably not,” she replied. “But I do know we need a new one, because the current…

Read More