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Archive for the Innovation category.

Contextual Thinking for Leaders

Posted on July 28th, 2010 by admin in Innovation, Leadership

By Mike Myatt, Chief Strategy Officer, N2growth

Contextual Thinking for LeadersMy advice today is simple – don’t get too comfortable with your leadership style. When a leader becomes too comfortable in any given area, their decisioning becomes at risk. One size fits all leadership styles restrict  effectiveness, alienate staff & peers, and limit the ability of a company to thrive in ever changing markets. Companies led by traditional executives whose leadership style hasn’t kept pace with current practices will be left behind by those who understand the need to apply situational velocity within a contextual framework. The bottom line is that your ability as a leader to adapt your style based on situation and context will have a direct correlation to the level of success you achieve in today’s business world.

Disruptive Business Models

Posted on June 14th, 2010 by admin in Innovation, Operations & Strategy

By Mike Myatt, Chief Strategy Officer, N2growth

Disruptive Business ModelsHow disruptive is your business model? While much has been written about corporate vision, mission, process, leadership, strategy, branding and a variety of other business practices, it is the engineering of these practices to be disruptive that maximizes opportunities. Without a disruptive focus you are merely building your business model on a “me too” platform of mediocrity. Few things are more critical to your efforts in increasing your revenue growth and corporate sustainability than understanding the value of disruptive innovation. So, in today’s post I’ll examine the power of disruption as a key business driver…

When to Restructure

Posted on May 19th, 2010 by admin in Innovation, Leadership, Operations & Strategy, Productivity

By Mike Myatt, Chief Strategy Officer, N2growth

When to RestructureTo restructure or not to restructure? That is the question that many a business is forced to ask at some point during their life cycle. The mere discussion of corporate reengineering can cause fear, anxiety, and in some cases even panic. This is so much the case that some CEOs will avoid restructuring initiatives at all costs. There are even some business theorists that warn against undertaking complex restructurings because of the great risks involved. My question is this…since when have fear and avoidance become prerequisites for success as a CEO? Give me real leaders who possess courage, vision, and a bias toward action, and spare me the timidity of mediocre managers posing as leaders. In today’s post I’ll examine the benefits of, and the need for corporate reengineering…

Design Matters

Posted on April 9th, 2010 by admin in Branding & Identity, Innovation

By Mike Myatt, Chief Strategy Officer, N2growth

Design MattersSo, does design really matter? Let me make my position very clear…design absolutely matters. Whether it is aesthetic, functional, creative, process, innovative, intellectual, technical or applicational…design matters. While I have heard many a professional downplay the value of design, it has been my experience that most business people who espouse this opinion are commenting on something outside of their domain expertise in an attempt to justify a competing agenda or a position of ignorance. While this position may seem a bit harsh, it is nonetheless true. In today’s blog post I’ll examine why design matters.

Ideas Don’t Equal Innovation

Posted on March 1st, 2010 by admin in Innovation, Rants

By Mike Myatt, Chief Strategy Officer, N2growth

Ideas Don't Equal Innovation
I had a long conversation today with a client discussing creativity, ideas, innovation, branding and the like. As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “Ideas Don’t Equal Innovation.“ It is my hope to help dispel the myth that ideas are inherently good things. Let me state right from the outset that I place little value on ideas. Not only do raw ideas have little intrinsic value, but they are often very costly. While I stipulate to the fact that ideas can sometimes lead to great things, I also submit that it is more frequently the case that ideas lead to disappointment, and even outright disaster. Those of you familiar with my work are probably wondering if it is really me authoring this text…if you’re baffled at how a champion of innovation can simultaneously be an idea-basher, I urge you to read on, and I promise the congruity will become apparent.

The Truth About Leading Change

Posted on February 11th, 2010 by admin in Innovation, Leadership

By Mike Myatt, Chief Strategy Officer, N2growth

First the bad news: If you’re not willing to embrace change you’re not ready to lead. Put simply, leadership is not a static endeavor. In fact, leadership demands fluidity, which requires the willingness to recognize the need for change, and finally the ability to lead change. Now the good news: As much as some people want to create complexity around the topic of leading change for personal gain, the reality is that creating, managing and leading change is really quite simple.  To prove my point, I’ll not only explain the entire change life-cycle in three short paragraphs, but I’ll do it in simple terms that anyone can understand. As a bonus I’ll also give you 10 items to assess in evaluating whether the change your considering is value added, or just change for the sake of change…

Guest Post – Scott McKain

Posted on December 4th, 2009 by admin in Innovation, Interviews, Leadership

Guest Post - Scott McKainBatting cleanup in this week’s all-star lineup of guest bloggers is one of the most accomplished storytellers I know; Scott McKain. Not only is Scott brilliant in his ability to entertain you with wonderfully constructed word pictures, but he does so in a truly thought provoking fashion that leaves you both inspired and informed. Scott is the author of three #1 business bestsellers, including his latest: “Collapse of Distinction; Stand Out & Move Up While Your Competition Fails” — as well as “ALL Business is Show Business” and “What Customers REALLY Want.” Scott also has the distinction of being selected for membership in the legendary Speakers Roundtable and the Professional Speakers Hall of Fame, and he has appeared on platforms in all 50 states and 13 countries. I highly recommend Scott’s Blog, as well as following him on Twitter @scottmckain, or on Facebook. Scott’s post today is on the importance of leaders not taking their customers for granted…

Expectation Management for CEOs

By Mike Myatt, Chief Strategy Officer, N2growth

Careful where you set the chinning bar...As a CEO Coach I can share that expectation management is no small matter for CEOs. The art and science behind making commitments and managing expectations has always been a critical skill set for CEOs to master. In fact, understanding how to come out on the right-side of the expectation curve can often be the difference between average performers and corporate superstars. This is evidenced by the fact that the consulting industry has zeroed in on the importance of this issue such that it has evolved into an emerging discipline known as ”Promise Management”. In this blog post I’ll discuss the value of promise management as a discipline.

Social Media 3.0

Posted on May 28th, 2009 by admin in Blogging & Social Media, Innovation, Technology

By Mike Myatt, Chief Strategy Officer, N2growth

Social Media 3.0Social Media 3.0…Okay, I said it and I’m sticking to it. It is time for Social Networking tools, applications and platforms to live up to their potential and make the iterative leap to next generation Social Networking, or “Social Media 3.0″ if you will…While I have no intention of disputing the commercial success of YouTube (Google purchased it for $1.65 Billion dollars when it was only a 9-month old company), FaceBook, MySpace, LinkedIn, or any number of other organizations that have monetized on their first mover or early adopter advantage, Social Media is still in its infancy. For Social Networking to make the next leap in maturation it will need to move beyond advertising driven consumer models, and evolve to an enterprise class business platform. In today’s post I’ll examine what needs to happen for Social Media to go 3.0…

The Innovation Song

Posted on December 29th, 2008 by admin in Best Video Blogs, Innovation

By Mike Myatt, Chief Strategy Officer, N2growth 

The Innovation Song you ask? That’s right…The above video contains a song performed by a Stanford student which was submitted for his final project for a class entitled: “Innovation and Implementation in Complex Organizations.” The song was intended as a tribute to Gordon MacKenzie’s “Orbiting the Giant Hairball,” a book which puts forth some thoughts on how organizations can better address the issue of innovation. The video is superb, and nails the issues surrounding a lack of innovation better than many more detailed case studies which I have read over the years.  Many a CEO could benefit from downloading this song on their iPod. If this project didn’t get an “A” it should have…