Business and life are all about choosing how you want to allocate your time and money. In life, it’s your personal time and money and in business it’s the company’s. If you’ve ever done any winter hiking, you know that it’s important to know the terrain. If there’s a mountain......
In business you’ve got to do two things: choose what to do and choose how to do it well. I’m not sure which is more important, but I am sure there’s far more written on how to do things well and far less clarity around how to choose what to......
One of the best ways to learn is to make a prototype. Prototypes come in many shapes and sizes, but their defining element is the learning objective behind them. When you start with what you want to learn, the prototype is sure to satisfy the learning objective. But start with......
To meet ever-increasing growth objectives, established companies want to be more entrepreneurial. And the thinking goes like this – launch new products and services to create new markets, do it quickly and do it on a shoestring. Do that Lean Startup thing. Build minimum viable prototypes (MVPs), show them to......
The toughest part of all things is the people part. Hold on to being right and all you’ll be is right. Transcend rightness and get ready for greatness. Embrace hubris and there’s no room for truth. Embrace humbleness and everyone can get real. Judge yourself and others will pile on.......
If your day doesn’t start with a list of things you want to get done, there’s little chance you’ll get them done. What if you spent thirty minutes to define what you want to get done and then spent an hour getting them done? In ninety minutes you’ll have made......
Sometimes we get caught up in the details when we should be working on the foundation. Here’s a rule: If the underlying foundation is not secure, don’t bother working on anything else. If you’re working on a couple new technologies, but the overall business model won’t be profitable, don’t work......
Companies that have products want to improve them year-on-year. This year’s must be better than last year’s. For selfish reasons, we like to improve cost, speed and quality. Cost reduction drops profit directly to the bottom line. Increased speed reduces overhead (less labor per unit) and increases floor space productivity......
When there’s too much to do and too few to do it, the natural state of the system is fuller than full. And in today’s world we run all our systems this way, including our people systems. A funny thing happens when people’s plates are full – when a new......
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