Monthly Archives: September 2013

Position for Long-term Value Creation by Overcoming Barriers to Business Model Innovation

The recent HBR blog post, Why Large Companies Struggle With Business Model Innovation (http://blogs.hbr.org/2013/09/why-large-companies-struggle-with-business-model-innovation/?utm_source=Socialflow&utm_medium=Tweet&utm_campaign=Socialflow) does a great job of highlighting the importance of business model innovation and highlighting three barriers: Lack of top management support and attention; reluctance to experiment and failure to pivot. I couldn’t agree more with the importance of business model innovation […]

Unlock Hidden Value: 4 Lessons from Wal-Mart

In the October edition of HBR, Leslie Datch provides some invaluable advice to executives in his column, “Don’t Spin a Better Story.  Be a Better Company.”  http://s.hbr.org/15XzZRi  While the advice is focused on how to effectively and authentically respond to negative PR, the insight is also powerful for unlocking hidden value in organizations. Here’s my take […]

Family Business 101: Succession Done Right

Poorly managed family business successions have destroyed untold amounts of value in individual businesses and ripped countless families apart.  Don’t let your business or your family fall victim to the same traps that have haunted business owners for generations.  For example, The Donald and his three Trump real estate heirs were recently profiled in the […]

Forget Big Data, Democratize “Small Data” to Unlock Hidden Value In Your Business

Everybody’s talking about “big data” and what it can do to transform business.  It’s really exciting to think about how we can knit together disparate data sources and analyze more data than ever.  However, more often that not we see companies neglecting their fundamental business data and the value it can provide for this business. […]