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Collaborative Contracts and Competitive Bidding: Not Mutually Exclusive!

BPI Thought Leadership Commentary

Can collaboration and competition co-exist to create the best contract bidding relationships? In 2012, University of Tennessee researchers began studying how organizations use competitive bidding methods. The short answer is yes. Their findings?

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The Detriments of a Command-and-Control Culture and the Power of Design Thinking

Tullio Siragusa

The Detriments of a Command-and-Control Culture and the Power of Design Thinking In the competitive landscape of modern business, the approach we take to leadership can make or break an organization. Result: Kodak’s failure to innovate and adapt to digital technology ultimately led to bankruptcy in 2012.

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Listen to Employees When Evaluating Leadership

Adam Hartung

Office Max appeared on the list (#5) in 2012, and was acquired by Office Depot 8 months later. And, of course, Radio Shack made the list in 2012 (#3,) 2013 (#5) and 2014 (#11) only to file bankruptcy in 2015. Employees have consistently expressed their dismay with CEO Ed Lampert, and 80% actively dislike his leadership.

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5 Leadership Lessons from 2015’s Business Headlines

Adam Hartung

But there are 5 major leadership themes from 2015 that can help companies be better in 2016: 1 – Cost cutting, restructurings and stock buybacks do not increase company value – Dow/DuPont. Yet, leadership insists on constantly maintaining its undying focus on the fast food success formula upon which the company was launched some 60 years ago.

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Keeping Up is a Fool’s Game

Daniel Burrus

Keeping up—with technology, with the competition, with anything in business or life—is what some would call a fool’s game. Asking these questions enables you to go beyond your competition and get off the treadmill of keeping up. There’s just one problem. Think about it: When you’re merely keeping up, what’s the advantage?

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Retaining the innovative spark

Jeffrey Phillips

Competition is accelerating, of course, and so is innovation. Safe in their market leadership, both dominated their markets - film and cell phones - until new competitors with different technologies or platforms emerged. In 1920 the average life expectancy of a firm on the S&P 500 was 67 years. Today it is 15 years.

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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

How can you develop a super-agile process that disrupts other industry players’ competitive advantages? Take on leadership and responsibility for decisions. Beyond making investments and process changes to increase agility, are there other opportunities to cost-effectively manage demand? Identifying Process Changes for Agile Strategy.