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Category: Motivational

  • In the context of “Business Innovation” what is a bullet?

    Adopted from Jim Collins’s book titled “Great By Choice”.

    Innovative high performing companies adopt a “Fire Bullets” then “cannonball” approach to outwit their rivals in the infinite game of business.In such an approach starting from firing bullets to test out the incremental innovation is imperative to scale up and later fire cannonballs.

    The following are the three components of a “bullet”

    1. Low Cost – Should not jeopardize the business model
    2. Low risk
    3. Low distraction

    Once these steps are validated and “bullets” fired hit their targets it should give a fair enough indication to scale up and fire “cannonballs”

  • “Fire Bullets” Then “CannonBalls”

    After reaching an “innovation threshold” this is the approach that explains the success of 10X or high performing companies rather than big leap innovations and predictive genius.

    “Fire Bullets” Then “CannonBalls” implying gradually scaling up innovations starting from a small scale(bullets).When these innovations hit their targets then only plan on launching the cannonballs.

    Adopted from Jim Collins’s book titled “Great By Choice”

    Watch out this space for more on this approach.

  • What happens when “operational excellence” marries “innovation”?

    When we marry operating excellence with innovation it multiplies the value of creativity and it turn amplifies growth of a 10x high performing organization

    Thus the greatest challenge is to blend creative intensity with relentless discipline

    Adopted from Jim Collins’s book titled “Great by Choice”

  • What is significant about the motto “Intel delivers”?

    Early 1973 Intel adopted the motto “Intel delivers” not “Intel innovates”

    This bears ample testimony to the fact that in any industry beyond an “innovation threshold” what matters is fanatical discipline to keep playing the infinite game

    Adopted from Jim Collins’s book titled “Great by Choice”

  • What is an “innovation threshold”

    Every business environment be it biotechnology , medical devices , airlines , insurance etc. has an “innovation threshold”

    For airlines it is low & biotechnology driven by patents is high

    To compete in an industry all big players have to operate beyond this threshold.The top performing ones are those who innovate judiciously without getting burnt out

    Adopted from Jim Collins’s book “Great by choice”

  • Know more about the infinite minded “Victorinox”

    Victorinox is the iconic manufacturer of Swiss Army knives.

    Their business model hit a huge low when after 9/11 the US government banned the presence of knives in flight luggage.

    In spite of this they did not lay off people and in turn came up with new innovations and products to make up for the loss due to sale of Swiss Army knives.

    Source – moneyinc.om

    Read more about unique characteristics of this company from the following link

    https://moneyinc.com/victorinox-watches/

  • Leaders create the “stars”

    A star wants to see himself rise to the top.A leader wants to see those around him become stars

    Very inspiring and adopted from Simon Sinek’s book titled “Together is Better”

  • How to groom “leaders” in a workplace?

    When we tell people to do their jobs , we get workers.

    When we trust people to get their job done , we get leaders.

    Adopted from Simon Sinek’s book titled “Together is Better”

  • “Leadership” is an education

    Leadership is an education wherein the best leaders think of themselves as students not teachers.

    Adopted from Simon Sinek’s book titled “Together is Better”

  • “Valuation” of our lives

    The value of our lives is not determined by what we do for ourselves.

    The value of our lives is determined by what we do for others.

    Adopted from Simon Sinek’s book titled “Together is Better”