N2Growth Blog

OCTOBER 30, 2011

Resist making verbal commitments : Most misunderstandings occur as a result of improper interpretation of oral communications. Where possible resist formalizing agreements, proposals, or other commitments until you have alignment on key expectations and deliverables.

Leadership 380

Leadership Commitment Competitive Advantage Resistance 380

Strategy Driven

JUNE 29, 2016

Professors of business and corporate strategy (which includes me) research and lecture about the goal of long-term “sustained” competitive advantage, driven by grand plans that mesmerize and seduce the most seasoned leaders and leadership teams. Resistance from Within. Resistance from the Supplier. Let me explain.

Supply Chain 53

Supply Chain Real Estate Resistance Competitive Advantage 53

Experience to Lead

JANUARY 29, 2024

Preparedness and implementing a risk management program are crucial to recovering and resisting the impacts of change, as well as maintaining a competitive advantage. Being approachable, transparent and innovative equips managers to deal with complex issues when they arise.

Learning-by-Doing 52

Learning-by-Doing Travel Competitive Advantage Crisis 52

In the CEO Afterlife

DECEMBER 7, 2014

For companies without clout, competitive advantage can be realized by keeping things simple, by cutting out the complexity cancer that is crippling so many enterprises. The essence of sacrifice in her mind was giving up something of value for another consideration; when people are together they are more collaborative and innovative.

Human Resources 183

Human Resources Restructuring Competitive Advantage Marketing Strategy 183

N2Growth Blog

MARCH 10, 2011

An Overview on the Importance of Change : While there is little debate that the successful implementation of change can create an extreme competitive advantage, it is not well understood that the lack of doing so can send a company (or an individual’s career) into a death spiral. The Critic …The Critic opposes any and all change.

Leadership 347

Leadership Competitive Advantage Due Diligence Short-term 347

Experience to Lead

MAY 30, 2023

Additionally, leadership training helps executives to develop a deep understanding of their own leadership style, strengths, and weaknesses, giving them a competitive advantage to lead more effectively. This includes developing a vision for the future, communicating effectively with stakeholders, and managing resistance to change.

Training 52

Training Execution Leadership Emotional Intelligence 52

Michael Lee Stallard

MAY 11, 2020

In a group that has a high degree of connection, you’ll find a cognitive advantage that makes people smarter and more creative, higher employee engagement,tighter strategic alignment, better decisions, a higher rate of innovation, and greater agility and adaptability to cope with faster changes taking place today. Actively listen.

Stress 195

Stress Report Crisis Competitive Advantage 195

N2Growth Blog

NOVEMBER 16, 2010

Don’t utilize your competitions practices, but rather innovate around them and improve upon them to create an advantage that can be leveraged in the market. Therefor by definition it is not unique or likely to generate any competitive advantage. And what are your strategic goals? As an example, Look at Apple!

Blog 295

Blog Outsourcing Competitive Advantage Innovation 295

Strategy Driven

JULY 16, 2015

Take ownership and use these tips to guide you in finding creative solutions when others are trapped by paranoia, resistance, drama and disempowering paradigms. Every successful entrepreneur and change agent knows that resistance is part of the transformation equation. EVALUATE how StrategyDriven gives you a competitive advantage.

Critical Success Factor 50

Critical Success Factor Six Sigma How To Resistance 50

Strategy Driven

JANUARY 5, 2015

Often referred to as pacesetters, companies that have chosen to embrace and engage cloud, analytics, mobile, and social strategies are cleaning the clock of their competitors who have chosen the path of cautious resistance or even abstinence. EVALUATE how StrategyDriven gives you a competitive advantage.

Competitive Advantage 50

Competitive Advantage Trends Bottom-up Loyalty 50

Skip Prichard

JUNE 22, 2020

There is no doubt that strong culture translates into a powerful competitive advantage. In fact, there is a huge risk in undervaluing the advantage the right culture plays. The culture required to drive a strategy of innovation is different from the culture required to develop efficiency or operational excellence.

How To 107

How To Middle Management Reputation Short-term 107

Harvard Business Review

APRIL 4, 2017

But too often CEOs find themselves stuck in what I call an innovation plateau. They fall into chronic sameness, an inertia driven by a feeling that they must focus on cost, even cheapness, to remain competitive. Innovation Strategy: Timing and Scope. Efficiency is not innovation. GDP in the 1970s to 0.78% today.

Innovation 10

Innovation Market Segmentation GDP Competitive Advantage 10

Strategy Driven

JANUARY 8, 2014

In fact, there’s almost a universal resistance to long-term thinking in many organizations because we’re so focused on today’s problems: Are we making our numbers? EVALUATE how StrategyDriven gives you a competitive advantage. Did the products get shipped? Did we resolve the customer issue? FREE StrategyDriven Trial Membership.

Strategic Planning 71

Strategic Planning How To Planning Competitive Advantage 71

Harvard Business Review

JANUARY 17, 2017

From the thirteenth century on, the Arsenal nurtured creativity and spurred innovation and entrepreneurship in the construction of its galleys. Merchants and traders played the game of incremental innovation by focusing on efficiency and optimization. What’s the lesson for entrepreneurs and innovators today?

Innovation 8

Innovation Strategic Fit Competitive Advantage Porter 8

Harvard Business Review

JUNE 12, 2017

When I was Chief Innovation Officer at Boston Children’s Hospital, I often felt that my title should have been Chief Innovation Communication and Relations Officer. In any firm, an innovation program cannot be effective without building bridges within the firm. Innovating in highly regulated industries can be challenging.

Health Care 9

Health Care Industry Innovation Compliance 9

Skip Prichard

JULY 19, 2021

This is a simple leadership behavior that can be leveraged to be a significant competitive advantage for any organization. Every fiber in your body will want to go there,” he said, “but resist the temptation. It is a major competitive advantage for any organization. It only takes time and the ability to listen.

Leadership 132

Leadership Crisis Learning-by-Doing Team 132

Harvard Business Review

JULY 21, 2016

This vulnerability frequently compels traditionalists to resist analytics. Finally, the CEO must identify the executives most vested in the status quo and proactively manage their resistance — up to and including weeding out the obstinate ones. ” Create an environment of rapid innovation.

CEO 8

CEO Competitive Advantage ROI CFO 8

Great Leadership By Dan

APRIL 12, 2012

Leaders today need to focus less on traditional methods of strategy and more on preparing people for a very different kind of technical climb: Achieving and sustaining competitive advantage amidst short life cycles. People don’t resist change - they resist being changed. The climb requires more than good equipment.

Competitive Advantage 244

Competitive Advantage Resistance Short-term Learning-by-Doing 244

Harvard Business Review

AUGUST 29, 2016

Given the role analytics has played in reshaping industries and rewarding innovative adopters over the last two decades, it is surprising how frequently we are asked: “Does this analytics stuff really work?” We only included companies that had implemented a major analytics initiative with an innovation or similar agenda.

CFO 9

CFO Competitive Advantage Budgeting CEO 9

Harvard Business Review

JANUARY 27, 2017

The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. Top management told store managers and staff to honor requests and obey directives from their new “colleagues”; the resentment and resistance were palpable.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

NOVEMBER 22, 2016

Companies such as IBM, Apple, Toyota, and Fidelity have demonstrated an interest and appetite for deep research and innovation by introducing AI platforms and solutions for customers, partners, and employees. Insurers should focus the case for a proof of concept on activities that require agility, automation, and continuous innovation.

Insurance 8

Insurance Industry Content Competitive Advantage 8

Harvard Business Review

SEPTEMBER 27, 2011

To resist doing what everyone else is doing or what you are expected to do requires courage. Steve Jobs of Apple has eschewed criticism of the company's enormous cash hoard — that it was keeping too much cash — and has continued to introduce innovative new products even in the midst of economic downturns.

CEO 13

CEO Benchmarking Long-term Banking 13

Harvard Business Review

JUNE 27, 2016

A large high-technology company had established an innovation center in one of their U.S. Sara Vaerlander, Bobbi Thomason, Brandi Pearce, Heather Altman, and I observed what happened after the innovation practices were shared with the company’s Indian and Chinese counterparts. It made sense. Leaders from the U.S. Pamela Hinds.

Innovation 11

Innovation Altman System Technology 11

Harvard Business Review

APRIL 26, 2017

Comparatively, online lenders have limited brand recognition, and acquiring small business customers online is expensive and competitive. But banks’ ability to use these strengths to build real competitive advantage is not a forgone conclusion.

Banking 12

Banking Stage-Gate Credit Scoring Competitive Advantage 12

Harvard Business Review

MARCH 28, 2014

While the skeptics will spend another decade resisting this fact with demands to prove causality, the best leaders prefer leading the charge to following it. It yields opportunities and competitive advantage to smart companies. That companies with more gender-balanced leadership teams out-perform those with less.

Leadership 12

Leadership Competitive Advantage Talent Management Education 12

Harvard Business Review

AUGUST 28, 2017

With the AI field recently picking up its pace of innovation after the decades-long “AI winter,” technical expertise and capabilities are in short supply. Resist the temptation to put technology teams solely in charge of AI initiatives. There’s still time to make AI a competitive advantage.

Survey 12

Survey Execution First-mover Advantage Technology 12

Harvard Business Review

MAY 3, 2011

European nations, so often criticized for stifling innovation in a tangle of tradition and regulation, have decisively leapfrogged the United States on this issue. These corporations understand that cracking the last glass ceiling will give them a significant competitive advantage in talent markets the world over.

Competitive Advantage 15

Competitive Advantage McKinsey Resistance Crisis 15

Harvard Business Review

JUNE 9, 2015

For the past three years, Bayer has invested time and money to carefully build awareness and skills across its global leadership on leading teams that are more culturally and gender balanced –and how to then use that balance for competitive advantage in the market.

Diversity 8

Diversity Team Globalization Short-term 8

Harvard Business Review

JUNE 23, 2017

Innovate more effectively? Cultural resistance can also become a bigger obstacle than anticipated. Formally structured systems, processes, and people devoted to D&A can be a competitive advantage, but clearly many organizations are missing this big opportunity. Jumpstart process and cost efficiency? All of the above?

Organization 8

Organization How To Supply Chain Technology 8

Harvard Business Review

FEBRUARY 18, 2013

The nations on Europe's periphery can grow sustainably only if they significantly increase the ability of their economies — and ultimately their firms — to innovate, reduce the distorting role of the public sector through incumbent protection and needless bureaucracy, and improve the way their public sectors use their resources.

Long-term 8

Long-term Crisis Politics Resistance 8

Harvard Business Review

JANUARY 12, 2018

Achieving sustainable competitive advantage through superior strategic alignment does not happen by accident – it happens by design, or not at all, and it requires a special breed of leadership, which I call enterprise leadership. If that’s the case, you urgently need to address this gap in leadership focus and capability.

Company 8

Company Long-term System Operations 8

Harvard Business Review

MAY 19, 2016

How can we as leaders help our front-line teams take more action to innovate and improve how work gets done? ” Coty’s “Big Opportunity” focused on developing its supply chain into a competitive advantage that could better drive innovation and business growth. How can we go even faster?

Supply Chain 9

Supply Chain Kotter Critical Success Factor Learning-by-Doing 9

Harvard Business Review

MAY 1, 2018

Musk knows that one of Tesla’s biggest competitive advantages is the patience and long-term thinking not only of management but also of its investors. They signed up for transformation, not steady returns. Maintaining that patience requires constant focus on that north star of a half-a-trillion market value.

Planning 8

Planning Marketing Automotive Long-term 8

Harvard Business Review

MAY 27, 2016

While leading internet companies including Google, Facebook, and Netflix have continued to collect and harvest more personal information for ever-more innovative commercial uses, broadband providers have done little customization, largely because they don’t have access to transactional data, personal or otherwise.

Advertising 9

Advertising Proposal Information Content 9

Strategy Driven

OCTOBER 11, 2013

Resulting from inflexible conditions, obsolete policies-procedures, procrastination, attitude, resistance to innovation, failure to change. EVALUATE how StrategyDriven gives you a competitive advantage. Doing Things as We Always Have. Those We Bring Upon Ourselves. Ignore small problems when they occur.

Crisis 59

Crisis Crisis Management Retail Budgeting 59

Harvard Business Review

MARCH 20, 2017

But employees can also outperform their competition through innovation. If employees compete by finding new opportunities for providing service to clients or devising a way to bring a new product to market faster, then internal competition can translate into a real competitive advantage for organizations.

Banking 11

Banking Creativity Policies Competitive Advantage 11

Harvard Business Review

SEPTEMBER 25, 2012

Let's use the Bank of America situation to illustrate the point: size is not the advantage it once was, because the nature of scale itself has changed. Yet, the banking industry — including Bank of America — largely continues to ignore these innovations and their categories as "anomalies". Why all the resistance?

Banking 8

Banking Supply Chain Efficiency Automotive 8