Why do so many innovation initiatives fail to live up to expectations? Were the expectations unreasonable or was it simply irrational exuberance? In the world of early stage investing, every entrepreneur pitching a business plan has their version of the infamous hockey stick growth model. In reality, hockey stick growth is as elusive as the […]
Is Your Strategic Planning Process Resulting in Tunnel Vision or Chaos?
Strategic planning can be a valuable tool for organizations of all sizes. Done properly, a strategic plan provides a solid roadmap for the organization, outlining the vision and detailing the key objectives to be accomplished within a given timeframe that should enable progress toward the vision. A strategic plan also provides clarity and alignment for […]
Turning a Strategic Plan Into Results
You’ve worked for months. Spent endless hours in airports and bland hotel rooms around the world to meet with customers to understand their issues and needs. Poured over market data and read countless 10-Ks and analyst reports in order to calculate market sizes and market growth rates. Business development, finance and regulatory affairs staff provided […]
No-Nonsense Strategic Planning: Make It Meaningful and Actionable
It’s that time of the year again. Time to dust off the desk and put together the business strategy for 2017. How many of you are working at companies that develop a 100-page 3 or 5-year strategic plan that represents a future nirvana vision for your business? The end product is a glorious dream of […]
Discovering Value: Why Most Managers Fear and Leaders Embrace Risk
It seems there are innumerable ways individuals and organizations attempt to foster innovation and entrepreneurship. At a macro level, government seeks to create jobs. Academic efforts target the recruitment and retention of top students, offer talented faculty an opportunity to pursue efforts outside traditional education or research efforts, or pursue creative alternate funding mechanisms for […]
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