Congratulations. You’ve managed to keep your product development engine running. Good work. But now the hard part. Marketing and sales know new products are a key to profitability, and so does the CEO. So they’ve all asked for more new products, and now you have more active product development projects......
It’s time to write, but, again, no topic. This writing-once-a-week thing is tough. I drop my son off at the hockey rink and walk back to the parking lot to write in my car (I’m telling you, this is a good place to write). Before I get to my car,......
Our New Normal is crazy. Competitors are chewing voraciously on each other, so are suppliers and their customers; there is immense pressure to launch more products; and radical cost cutting is required just to stay in business. It’s official, the engine is running at its rev limit. The wick is......
It was Monday night after dinner. My thirteen year old son and I got in the car and started on the drive to hockey practice. I drove and he texted. I was in the middle a struggle to come up with a topic for this post. My son finished a......
Everyone laughs at the person who says “We don’t have problems, we have opportunities.” Why do we say that? We know that’s crap. We have problems; problems are real; and it’s okay to call them by name. In fact, it’s healthy. Problems are good. Problems focus our thinking. There is......
2009 is a tough year, especially for CEOs. CEOs have a strong desire to do what it takes to deliver shareholder value, but that’s coupled with a deep concern that tough decisions may dismantle the company in the process. Here is the state-of-affairs: Sales are down and money is tight.......
In the last post on innovation I said I’d provide data on number of hits for a post with innovation in the title. Well, apparently the word recession is more relevant than the word innovation as there were 50% more hits with recession. Next time I should use both recession......
I sat down to write my weekly post with the hope of coming up with something meaningful on innovation. Nothing came. I asked the all-powerful oracle named Google for some guidance, and my thinking diverged. I realized that there are too many definitions for the word innovation, too many contexts,......
Like you, I have been thinking a lot about the recession. We all want to know how to move ourselves to the other side, where things are somewhat normal (the old normal, not the new one). Like usual, my mind immediately goes to products. To me, having the right products......
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