As economic pressures build, leaders are increasingly dependent on their innovation process to drive growth and close revenue and earnings gaps. So, they climb into the driver’s seat only to find there are no gauges on the instrument panel, the gas and brake pedals don’t work and the steering wheel spins like it’s not even […]
Will businesses be able to depend on traditional formulas for success in these margin-squeezing times: price up to cover rising input costs, spend back in marketing to manage elasticities, roll out new products to fill the leaky revenue bucket and drive some top-line growth, and lean on the operations group for even greater productivity to […]
Mahatma Gandhi once said “Actions express priorities.” Given the afternoon at the 12th annual Shopper Insights in Action conference in Chicago sponsored by IIR USA, one would conclude the priorities for the presenters were action, innovation and growth. Two of the sessions I attended dealt with companies that were taking action based on their shopper […]
Take a look at this infographic from Planview’s 3rd annual product portfolio management benchmark study. The study had 300+ global participants who weighed in on their pain points, risks, concerns and priorities. Notice the pain points: too many projects, not getting to market fast enough, poor decisioning, balancing priorities. It confirms what I’ve been saying […]
Regardless of who you are, if you don’t have a rich pipeline of ideas to create new value to grow your business and the wherewithal to bring them to market effectively, efficiently and fast, you’re headed for trouble. In fact, the visibility into the pipeline that senior executives need to optimize returns usually isn’t available. […]
I’m preparing another overview of Idea to Market (I2M™) to share with companies in the food industry. If you don’t know what I2M™ is, it’s the route ideas take to get through the value creation funnel and get monetized in the marketplace: New Product Development, Commercialization, Innovation, lots of names for it. In most companies, […]
Overview Last Monday night, June 11, I was honored to unveil the newly renamed and repositioned Authentic Home Furnishings Association (formerly Unfinished Furniture Association). This small segment of the furniture industry represents several hundred independent retailers and manufacturers across the country all of whom, along with the rest of the furniture industry, have had a […]
Live scoring is available for today’s McMasters at https://www.gtggolf.com/events/yktv/leaderboard .
Our first ever McMasters Golf Tournament will take place June 3 at Deer Valley sponsored by ThinkWay Strategies. Just check out this cool logo that will adorn tournament gear (along with our logo, of course). I know you’re envious… Of course, it is only a five person family tournament…
I’ve been saying this in my presentations to supply chain leaders: from mid-sized businesses to Fortune 100 companies and I’ve written about the insufficiency of continuous improvement here. Now Gartner releases data to confirm the growing concern. Sustainable innovation (i.e., continuous improvement) is not enough. Supply chain leaders have typically squeezed as much blood from […]