article thumbnail

Disruption is not a strategy

Idea to Value

And unfortunately, hardly any of these companies even know what disruption really is. However, disruption is not a strategy you can plan for yourself. The companies who point to examples of other disruptors and say “we want to be like them” are suffering from both Survivorship Bias and Confirmation Bias.

article thumbnail

The Missing Link Between Strategy and Innovation

Harvard Business Review

In too many companies, an innovation team is allowed to pursue its own agenda and imagine itself to be a separate island from the rest of the company. The root problem is the disconnect between strategy and innovation. The author offers five steps to help embed strategy into the innovation process.

Strategy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CEOs, Is Your Business Strategy Bold Enough?

Harvard Business Review

In PwC’s 27th Annual Global CEO Survey, 45% of CEOs said they do not believe their companies would survive more than a decade if they remain on their current path. This means that a large number of companies are possibly at risk of being lapped by competitors or disruptors.

Strategy 129
article thumbnail

6 Strategic Concepts That Set High-Performing Companies Apart

Harvard Business Review

Research and analysis of today’s landscape identifies six key strategic concepts that set outperforming companies apart: Borrow someone’s road, partner with a third party, reveal your strategy, be good, let the competition go, and adopt small scale attacks.

Company 142
article thumbnail

How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions?

article thumbnail

Change Management is strategy and vice versa

Jeffrey Phillips

I was reviewing the website of a strategy consulting firm recently, and their focus on strategy and team alignment felt like the same old, same old. I also want to shift from the idea of "change management", which I think is an oxymoron, to change acceleration, which is where I think companies need to be. Like change?

Strategy 167
article thumbnail

Lateral Thinking in Business Strategy

Destination Innovation

Let’s look at some examples of lateral thinking in business strategy and innovation. Warby Parker’s Online Try-Ons for Spectacles : Warby Parker, an eyewear company, implemented a virtual try-on feature on their website, allowing customers to try on glasses online. This innovation made Dyson a leader in the industry.

Strategy 169
article thumbnail

Designing For Engagement: Revive Your L&D Strategy with Gamification, VR, and More

Speaker: Stephen Baer - Chief Creative Officer, ELB Learning & Luke Talbot - Chief Product Officer, Userlane

With the emergence of AI-enabled coaching and teaching platforms, companies are being inundated with new training modalities that promise a bright future for eLearning. But how do you choose and implement the right technology for your company? What an exciting time for L&D professionals!

article thumbnail

Mixpanel's Guide to Product Metrics

Mixpanel has partnered closely with hundreds of companies on their analytics strategies, and have found there is simply no single set of metrics that works for everyone. Businesses and products are all unique and have different goals based on stage and ambitions.

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.

article thumbnail

A PM's Guide to Building a Culture of Product Innovation

Speaker: Bob Webber, VP Product Flow Optimization, Construx

There's a lot of innovation advice out there, but very few companies are recognized for their innovation. This webinar is for engineering and product leaders who are struggling to find an innovation strategy that works. Innovation advice will not work if your company's culture does not encourage it.

article thumbnail

How to Develop a Recession-Proof Product-Led Strategy

Speaker: Wes Bush, Author of "Product-Led Growth"

As PMs, we all know the importance of building a successful product-led growth strategy. Zoom, Stripe, and Airtable are all examples of software companies with strong PLG strategies. What features do their strategies have that allow them to see continued success in this ever-changing market?

article thumbnail

The L&D Strategy Roundtable

Speaker: Cara North - Learning & Development Consultant, Speaker, & Researcher | Maggie Quigley - Senior Account Executive for US Market Userlane

How to improve the ROI of your present program if your company cannot afford to replace it. Tips and strategies for increasing engagement and making training more digestible. Common mistakes made by businesses when executing L&D programs. November 2, 2022 at 11:00 am PT, 2:00 pm ET, 7:00 pm GMT

article thumbnail

From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Bales, Esq.

article thumbnail

Tough Bosses, Unrealistic Goals, and Other Corporate Challenges That a Customer-Centric Product Strategy Can Empower You to Solve

Speaker: Bob Caporale, Founder of Strategy Generation Company

By driving your company’s “top-down” goals with a clear and well communicated “customer-up” product strategy! In this talk, you will learn how to: Empower both yourself and your company by developing a truly customer-centric product strategy. Align your company’s strategic goals to your customers’ unmet needs.