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Here’s a Leadership Hack for 2017: Start finding ways to Invert Control

Great Leadership By Dan

Here’s an example from my place of work; the film set. Specifically because we spend so much money to shoot a film—on average roughly $20K an hour for a studio feature—we have highly segmented jobs and assign very discrete tasks. That gives us maximum control and better outcomes. Take a more recent example. The ride share company Uber.

Film 166
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Are You Recognizing Your People’s Best Ideas?

Great Leadership By Dan

Kodak invented the digital camera and never marketed it because executives saw it as a lower quality competitor to film. Xerox invented the personal computer but handed it off to Apple and Microsoft because the senior leaders didn’t understand how it fit into a business model built around making photocopies.

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Build A Buzz Around Your Business And Profits Will Soar No Matter What

Strategy Driven

In the film industry, movies are products. For business owners, it is interesting and useful to consider what makes a new movie successful. The marketing has built a buzz. They’ve had millions of views on YouTube, and it came out as the top brand in a recent marketing event. Social Media Marketing.

Film 50
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How the Internet of Things Changes Business Models

Harvard Business Review

As the Internet of Things (IoT) spreads, the implications for business model innovation are huge. Filling out well-known frameworks and streamlining established business models won’t be enough. Albert Shum , Partner Director of UX Design at Microsoft, notes: “Business models are about creating experiences of value.

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Understand Your Entrepreneurial Superpower

Skip Prichard

The author of ten books, five of his works have been optioned for films. Make sure they have a genuine interest in your market and learn key details about their successes. The Test is where you either make it or don’t, where your business model proves out or falls flat. Read up on everyone you pitch. Effort matters here.

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Tribal or Transformational? How to grow your startup when new business rolls in

Strategy Driven

Should the old business stick around or should it be shut down? Too often, startup CEOs cling to old business models as their reason for success, when in reality it was their innovation and risk-taking that helped them succeed in the first place. Don’t forget that business is a leap of faith. About the Author.

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Kill Your Business Model Before It Kills You

Harvard Business Review

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. If you only invest in refining today's business model you'll get locked into it.