Yes you can- according to David Kirsh and Brent Goldfarb of the University of Maryland after studying 700 start-ups – see the short video. “Spending time and energy tweaking your business plan is a waste of resources. It’s a limited-use document that will in no way substitute for the hard work of actually building a
What is strategy about? For me, it’s about doing good. Do good for your customers, improve the quality of their lives and you will have all the business you want. Do good for your employees and collaborators and you will attract talent, create energy, engagement and loyalty. Do good for humanity and the societies around
Things really, really have changed. The information age has come – and stayed. Those with the skills for the age have prospered. The last growth curve has been driven by business services – lawyers, programmers, accountants and sharp-eyed, numerate MBAs. But a new time has arrived. These skills are still essential, but in terms of
Recently, I became interested in how to make the point, simply and with impact, when teaching or presenting about some of the conundra and quirks around strategy. I found some images that work in some way, I think. This one I call the ‘Annual Report’ – it’s an illusion by Shigeo Fukuda. On the left,
Anyone ever tell you when you were a kid not to be an artist as it will never get you a job? How totally misguided ….our visual intelligence is every bit as important in strategy as our other intelligences. I’ll look for more examples of this – here’s a good one – from the visual
Dave got me thinking about rhythm – which Dave? This one is Dave Everitt, who is a gifted creative; a songwriter, guitarist and musician, with finesse, fine senses and a fey clarity. Life and its challenges helped him to learn to marshal and manage his energy carefully to stay well and productive. I knew him
Whew – how to define strategy? After a lot of teaching, practice and headscratching I still can’t – but this video by a group in the MBA strategy class I teach is one of the best so far… what do you think?