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Just because you can make an omelet, doesn’t mean you’re a restaurateur!

Mills Scofield

Most organizations think of innovation in terms of creating value: products, services and experiences. Saul quotes Theodore Levitt (Harvard Business School Professor), “People don’t want a quarter-inch drill, they want a quarter-inch hole. Saul urges us to also create a shared operating model on HOW value will be delivered.

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Healthy Habits Of Successful Leaders – An Expert Roundup

Joseph Lalonde

I asked each of these leaders a single question about healthy leadership: What healthy habits do you attribute to your success as a leader? These 3 areas of health are critical to your success and I’m glad to see a recurring theme among the answers. Healthy Habits Of Successful Leaders. Michael Hyatt.

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In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” To avoid that, Levitt exhorted leaders to ask themselves the seemingly obvious question – “What business are you really in?” No, it’s to maximize shareholder value.

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5 Questions That Will Help You Stay Ahead of Your Disruptors

Harvard Business Review

This painful decision cost tens of thousands of jobs but proved strategically, organizationally, and culturally essential to the company’s future success. Grove’s 1980 question remains as ruthlessly relevant to C-suites as Ted Levitt’s 1960 classic, “What business are you in? But the past is merely a prologue.

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What Is the Business of Health Care?

Harvard Business Review

On January 19, 2012, after 131 years of operation, the Eastman Kodak Company filed for Chapter 11 protection in U.S. Levitt argued that it's always better to define a business by what consumers want than by what a company can produce. If we can measure success, why pay for process? What Business Are We In? bankruptcy court.

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Can Chinese Smartphone Darling Xiaomi Compete in Western Markets?

Harvard Business Review

Barra has his work cut out for him: Chinese companies have had mixed success so far in competing with top Western brands on several fronts at once. For every success (like Huawei or Lenovo), there have been stumbles (like Jianlibao and or Li-Ning ). Lei Jun has hired ex-Googler Hugo Barra to head Xiaomi’s international expansion.

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More Universities Need to Teach Sales

Harvard Business Review

Compared to professions like engineering or business disciplines like Finance or Operations, the concept of a dedicated salesperson is relatively recent. Buyers now have easy-click access to information about products, prices, and other buyers’ opinions and usage experiences. Each group has its own operating procedures.