Managing Your Maker Instinct
The big difference between animals and man is that we can shape and control our instincts. The Maker Instinct runs strong in CEOs, and just how much we make of it depends on how we allocate our 24 hours.
Posts Tagged ‘innovation’
Out of the Industry Innovation
Innovation is required to keep our top line and bottom line growing over time. But why risk cash and time on innovating from scratch when you can find ready-to-go innovations in another industry? Here are two CEOs who did just that and improved their bottom lines in the process.
Keeping Your Team Focused on Your Value-Creation Strategy – ServePath
Too many entrepreneurs focus on the controllable risks, figuring that’s all they can manage. But John Keagy, CEO of ServePath, shows us how to focus on creating value while factoring in the uncontrollable risk: market acceptance.
Creating and Owning a Category – Intelleflex
Richard Bravman, CEO of Intelleflex, helped build his last company from a four person team to a 1.7 billion dollar firm. The trick: He works to build companies that innovate to create entirely new product categories in which they take commanding market share leadership.
Make Big Innovation Your Strategy – 247 Workspace
Leaping ahead in the business world takes more than courage. Learn how one business leader – Mark Denham of 247 Workspace – came up with a new game plan.
The Overly Optimistic Entrepreneur – Sitoa Corporation
Cal Lai, CEO of Sitoa Corporation, found out that risk and reward are always paired: high reward opportunities have high risk. Consider how extreme optimism and enthusiasm for a start-up can affect your personal life.
Grabbing More of the Value Chain
When a customer has it easier because of your innovation, they’ll either pay more for your product or will choose you over your competition. Loren Kimura, CEO of Basic American Foods, shows us how committing to innovation can make your customer’s life simpler and grow your bottom line.
Inherently Wasteful
Trying new things in business is a must. But not all new ventures succeed, so the process involves some inevitable waste of resources and time. Don’t let that discourage you: the amount of waste can be managed.
Identifying New Business Ideas Takes Discipline – Cellfire, Inc.
Great business ideas don’t happen by accident. Brent Dusing, CEO of Cellfire, Inc., and his business partner Preston Tollinger spent months brainstorming, creating and dismissing many ideas, before coming up with a quality idea.
Learning from Pure Innovation – WAGIC
Hard work is required to stay ahead in today’s environment, but ongoing innovation can produce powerful results. Here’s how Ron Johnson, CEO of WAGIC, fosters a rich culture of innovation and gets the most out of his top team.
Robert Sher is founding principal of CEO to CEO, a consulting firm of former chief executives that improves the leadership infrastructure of midsized companies seeking to accelerate their performance. He was chief executive of Bentley Publishing Group from 1984 to 2006 and steered the firm to become a leading player in its industry (decorative art publishing).