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business growth
Some small companies are great at executing innovation.  They are speed boats who can develop and execute innovation and therefore change direction quickly. Some though have developed bad habits that can easily kill new growth initiatives inside your company. Bad Habit: The current business model dominates the agenda In most companies the future suffers at...
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As human beings, we are resistant to change. As Einstein famously said, “Insanity is doing the same thing over and over again and expecting different results.” The problem is we generally feel happier with what we know – and can carry on in the same form of modus operandi for years. Even if things aren’t working...
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When running a business, there will always be areas in which you are lacking management know-how and experience. It’s important that you recognise your own strengths and weaknesses and are prepared to seek appropriate advice when you need it. Running a business isn’t easy. You cannot be equally good at all aspects of business, and it’s best...
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The first step in any new business venture used to be writing a business plan.  I must admit I am not a fan of the business plan.  There are better, more customer focused, tools out there to plan your idea with.  Business plans are great execution documents in a known environment with sufficient certainty.  In...
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So you have been in business for a while now.  Had some success and are looking to grow further but you are wondering where that growth may come from.  A new opportunity perhaps but where are you going to find the next viable opportunity? There are three distinct areas we can focus our searches on,...
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Myth No. 1: Growth Hacking Is A Cheat Sheet Of Secrets On Growth Reality: The “secret” is the mindset, not the toolset. Growth hackers are often viewed as the key part of a secret recipe to create the next Airbnb or Dropbox. Growth is frequently viewed as something like a book of “secrets” on how...
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As a business owner why should you seek the advice of independent consultants?  Usually there are several barriers to doing so, time, money, trust.  These barriers are not insignificant, especially for a small business, so why make the commitment? Provision of information Information is valuable to a business.  Information on the business’s customers, its products,...
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The new Age of Innovation – how competitive advantage is changing Lets start at the end –   “Tomorrow’s competitive advantage of companies will not be based on innovative products and processes but on innovative business models” Many success stories go back to an innovative business model rather than a fantastic individual product: Amazon has become...
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A checklist of organisational characteristics that support creativity and innovation Even if you have put together a really hot team of creative people, that team will produce disappointing results if it’s condemned to operate within an organisation that’s unfriendly to new ideas. Risk taking is acceptable to management.  Risk aversion is normal and healthy. But...
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The 5 Myths about Creativity in Business The smarter you are, the more creative you are: Research suggests that there is no correlation between intelligence and creativity once your intelligence level has reached a fairly modest level of an IQ above 120. There is no valid profile for the creative person nor is there a...
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