When you are behind in a marketplace, the worst thing you can do is try to catch up. That position in the marketplace that someone else holds is hard to compete with. Getting ahead of the competition comes from leapfrogging the current way things are done and offering a new and improved way to do things.…
By playing an active role in the organic growth of their operating units, the CEO can help to discern between a quick fix and a long term growth opportunity for the firm as a whole.
At the beginning of the year, I read an article about how corporate leaders mistake execution for strategy. I understand how easily that can happen. Firm leaders are so wrapped up in keeping their companies afloat, that any movement (execution) toward that direction can take on the identity of “strategy.” The article, which was from…
I am so interested by the work being done by Sal Khan of the Khan Academy. It’s a great example of adding value to a mature “business.” His philosophy is that education should be available to anyone, anywhere, anytime, and for free. Since they are a not-for-profit, they are funded by the likes of the…