business strategy & planning for growth

How Great Leaders Inspire Action!

Published on December 11, 2011 by

I listened to a TED talk by Simon Sinek where he introduces the concept of the

English: Simon Sinek speaking at TEDx Maastric...

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Golden Circle.  This Golden Circle diagram comprising of three layers which articulate the three fundamental principles that Simon Sinek believes all businesses exist from.   The three layers are: -

  1. The outer layer identifies WHAT the business does
  2. The middle layer identifies HOW the business does it
  3. with core of this circle being WHY does your business exist?
These three questions are not dissimilar to the ones that Marty Neumeier poses in his trilogy of books – ‘The Designful Company‘, ‘The Brand Gap‘ and ‘Zag‘.  Marty’s questions are: -
  1. WHO are you?
  2. WHAT do you do?
  3. WHY does it matter.
The question WHY is the key question any business owner, senior executive management, should ask itself.
Both Simon Sinek and Marty Neumeier argue in their own way the importance of this question.  The rewards for clearly and authentically articulating your own WHY for your business are obvious.  Have a listen to Simon’s talk and decide for yourself how important having your own WHY is for your business?
And for some blatant self-association, a friend told me to watch this TED talk by Simon Sinek, they said “…you will be meeting your brother, you talk the same language!”
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How A Business Behaves Is Its Brand Now!

Published on November 13, 2011 by

Common Sense Branding

Image by Intersection Consulting via Flickr

How a business behaves to its customers over time forms the perception on how the customers feel about the business.  This is very much the same way how people judge other people.  The behaviour they display consistently determines whether one person likes another person and importantly whether they can be trusted or not.  With the onset of the internet and social media, the behaviours of businesses have come under intense scrutiny i.e. can we trust the business or not, do we like this business or not etc.  The way a business behaves now is the brand.

This is relatively a recent phenomenon changing the whole relationship and view businesses have to have of branding and in particular their own brand.  No longer can branding be the sole responsibility of the marketing department – everyone in the business has a role to play. This is not a new way of thinking; it just wasn’t as pertinent then as it is now. One has to only go to www.change.org to see how the internet is facilitating and influencing the behaviours of large organisations. Or listen to a recent interview on the radio with Nick Allardice; Deputy Global Campaigns Director for Change.org discussing the online platform that publishes petitions and mobilises community changes for greater appreciation of the power of change.org.

This is good news – the way a business does its business becomes a strong and sustainable point of difference, The brand is the reflection of the cultural DNA of the business. It is very hard for a competitor to match or emanate another business’s competitive culture.

The bad news is everyone in the business has to recognise this and be equally responsible. This is from the top down permeating and exuding through every pore of the business.

This is too important to be left as the sole responsibility of the marketing department or marketing consultant.  It has to be controlled by the senior management of the business.

Controlling the way the business’s brand is manifested throughout business is done as a ‘top down’ and ‘bottom-up’  pincer movement of brand mentoring at senior management level and brand training at the coal face of all the brand touch points with the customer.

If a business cares how it is perceived, cares about its reputation, then it must care about the brand of its business, not just its branded products and services.

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Now I am More Confused – The New Nokia N9

Published on June 30, 2011 by

I just read today about the new Nokia N9 Swipe today.  The review compared the Nokia N9 favorably to the iPhone and Androids and in fact strongly suggests it is better.

The trouble is, I am getting confused again.  Just when I thought I would settle for an Android Samsung Galaxy – the Nokia N9 comes on the market.  I do like how the Nokia N9 organizes the apps, the most recent and favorite pages.  I do like that you can find things faster (I think?).  And I do like the aesthetics and the way it has been designed.

So far so good.  I am thinking, maybe I should get this instead?  I go to the bottom of the page and Ash Sangamneheri  makes the comment: -

“Does make you wonder, if they did such a good job why did they have to abandon it for WP7?”

To which Danile Ostrower replies: -

“Good point. And why would I buy it knowing the OS is already end-of-lifed?”

With a final comment from Chris Clement: -

“MeeGo itself is not EOL though (it is doing very well, actually). I’m with you guys on questioning their initial intent, but here’s hoping they change their mind. Even knowing it could end up on the back-burner, I still can’t help but want! “

What are they talking about!  My guess is the technology is already redundant?  But that can’t be, it has just been launched!

This leaves me with the thought who do I trust then – Nokia, Fast Company (who wrote the review) or the people who left their comments.  My heart wants to buy the N9, my head is saying don’t.  Will my trust in the Nokia and Fast Company brands i.e. my heart win over the logic of the comments made?

May be the iPhone will win. After all I had a dream the other day, where I had just bought an iPhone and how pleased I was – how sad is that!

Or maybe I should stick to a Blackberry and get an all screen smart phone.  It is after all geared up for business better.  But then so is the Windows Phone 7.

Into the mix is the apps.  Clearly iPhone holds the advantage now – but in 12 months?

‘What-a-to-do’!  So much choice.  And the real irritant is, I know whatever I choose will be out of date within months!  The head part of my body is saying, buy a second hand smart phone.  I know it is already out of date, so it won’t matter.  And I will be able to buy at a significantly cheaper price.  But there again my heart wants the latest and greatest – oh ‘What-a-to-do’.

The conclusion I have come to is I respect and trust all the brands mentioned above, but at the end of the day, hopefully I will probably listen to people who are in the know, despite my emotions screaming to get a ………!

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Apple Revolutionising How You Shop – Not Yet

Published on May 24, 2011 by

Rumors are great, but rarely is the truth nearly as good as the rumor!

However whilst Apple have not introduced NFC into the stores over last weekend as was indicated in my last blog, they have refined their in-store technology to get iPadified!

I particularly liked the Simpsons’ Maple Store cartoon at the bottom of the Fast Company article.

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Wave-And-Pay Rumor For Apple Stores Would Revolutionize How You Shop

Published on May 19, 2011 by

The Fast Company article Wave and Pay Rumor For Apple Store Would Revolutionise How You Shop suggest Apple is launching its own NFC (Near Field Communication) enabled tech this weekend.  This is not new technology exclusive to Apple, it is being tried out in France’s E. Leclerc supermarkets for example.

NFC is being hailed as the future of shopping with some conjecturing this could hail the death of credit cards.  This is unlikely to happen in my opinion as I am sure companies like MasterCard, Visa and American Express aren’t going to go down without a fight!  They will a)adapt if nothing else, or b)bring out their own version.

What I do find interesting is will NFC be a gimmick only (check out Think & Go to find out more on how it can be applied)?  I do find people can get very excited about technology believing it is the fix-all to their challenges, the magic pill that will change everything.  And in some cases it might, in some retail scenarios it may be totally relevant for the consumer.  The smart retailer will work this out before committing significant capitol.  The smart retailer will work out how useful NFC is to their customer.  Will it make the consumer’s shopping decisions easier?  Will it help consumers  make the right choices?  Will it make the selection process faster and more convenient for the consumer?  And from the retailer’s perspective; will it encourage the consumer to spend more, will it help to generate repeat business, will it make consumers become loyal customers?  Answering these questions will help the retailer understand whether or not NFC is relevant for their business, that it adds value to their customer’s shopping experience.

It is very easy to get caught up in the hype of new technology.  It is exciting especially when Apple gets on the band wagon.

So will the rumor prove to be true this weekend?  Lets find out!

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Google Wasn’t The First

Published on May 3, 2011 by

3M logo

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There was an article recently in Fast Company called: -

How 3M Gave Everyone Days Off and Created an Innovation Dynamo

It’s about the story of 3M.  This isn’t news per se, but the article does illustrate clearly the power of having a culture of innovation and a culture of creative competition.  3M learnt very early on to ‘innovate or die’.

Now they have the financial resources to maintain actively a working environment that allows new ideas to percolate to the surface.  Both Apple and Google do the same.  This is why they are such power houses in business.

The article says the R&D budget for 3M is not cheap.  At this point most executives and business owners go, nice thing to do - can’t afford it.

However can a business afford not to innovate?  Can a business survive forever without ever improving any of their products or services?  I don’t think so!

Yet surprisingly there are many business who think they can until they wake up to the fact they are losing market share, losing relevance, their product or service increasingly becoming more and more commoditised etc. etc!

There is a story about two Kentucky farmers sitting on a porch chatting away drinking bourbon .  One of the farmers has a dog who is sitting next to him howling.  The other farmer asks “Why is your dog howling?” to which the farmers says “He is sitting on a nail.”  ”Why doesn’t he get off the nail then?” “Because it isn’t hurting enough yet!” the farmer replied.

And this is true of most businesses, and true really of all humans, we don’t make changes until it hurts too much.  We tolerate our circumstances for far longer than we should.  We justify to ourselves and to anyone who listens why we are prepared to tolerate the circumstances we find ourselves in.

Smart businesses, smart people start to make changes before it hurts too much.  And what is smart about that is they have the resources, the energy and the money to effect change, to innovate.  Waiting till it hurts too much usually means there is a lack of resource, energy and money to  truly effective change at the speed required to survive, grow and prosper.

Logically this makes sense, emotionally – acting on this is a lot harder.  Logic has to be the driver here – it is an imperative.  Make small changes, create an environment where everybody can contribute ideas from the bottom up.  This doesn’t cost money to instigate.  Take the best ideas and determine which ones the business can afford to develop further.  Stage gate the process to keep finances in check reducing financial risk.  Just develop one idea a year at a minimum will keep most SME’s alive and relevant.

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HORNI – Hi Ron

Published on May 1, 2011 by

Don’t you just love the design!  It’s sculpture with purpose.  I want one!

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CEO in The Boiler Suit

Published on March 31, 2011 by

Let me introduce you to David Walker.

David was instrumental to the setting up the Masters of Design Management here in New Zealand at the turn of this century.  His first lecture to us started with David defining the difference between a project manager and a design manager.  The difference he stated could be simply be explained as follows. If a project manager were to be totally responsible for the design of a building (which they often think they are), the brass plaque at the entrance would say something along the lines “Built to budget – Built on time – Sorry it looks terrible”.

First impressions stick and David’s first lecture has for me.  However it doesn’t do David justice as he has so much more to offer especially in the sustainable  innovation field.

Recently he sent me a monograph called ‘CEO In A Boiler Suit’, a letter from the ‘Economy’ to the people who are the back bone to New Zealand which I would like to share: -

THE CEO IN THE BOILER SUIT

Dear friend,

You will not remember me, although we have met many times over the years.  I know your family, very well.  I know your many brothers and sisters, your cousins, nieces and unnumbered kith and kin.  Family is important to you.

I understand that.  Maybe family and that extended network of decency, hard work and pride is the most important thing of all.

I feel compelled to write to you in these troubled times, to reassure you, to say that you are still doing well, that your efforts are heroic, but most of all, to say that we need you more than ever.

Every day you are in my thoughts more and more.  I have a picture of you, even now, in my mind’s eye.  You have dirt under your fingernails and bags under your eyes.  You have mud on your boots and your hands are calloused and grained like a dried-up river bed.  You dress badly in old familiar clothes.

You walk with a limp, the result of some injury or other, or just the attrition of time.  You are quieter than you used to be.  Your family calls it ’grumpy’.  You call it ‘reflective’.

You do feel a bit worn down, a bit bashed up.  You are less optimistic than you used to be.

So are we all.  Less optimistic.  You feel misunderstood.  The government certainly misunderstands you.  They think that a small business is a little big business.  They think you need a corporate mindset.  They think you need rules and regulations.  They think you need control.

They think you need unintelligible tax laws.  They think you are interested in growth – but of course you are more interested in simplicity, clarity, and stability.

Stability above all else.  You would like life to be a little less of an obstacle race.

You are interested in sustaining what you have built, and protecting it, like a mother with cubs.

You carry the responsibility of a dozen families on your shoulders.  You have built a great team.  They have shared the journey.  They rely on you.  They’ve grown up with you.  You have watched their skills and abilities enlarge.  You have nurtured them and they have repaid you with hard work, loyalty, and trust.  Responsibility is a two-way stretch.  They are good and decent people.  You feel fearful for them now.  You wonder what might happen to these members of the enlarged family.

You worry about the children and grandchildren.

Sometimes you lie awake thinking about their dreams, and their future.

You have an unfashionable sense of duty.

You do not understand what has gone wrong.  You look for answers, but you are not even sure of the right questions.

You look for causes, but they are hard to find.  But all in all, you cannot blame yourself.  Nor should you not blame yourself.

You have worked hard; you have had great ideas; you have been ingenious and clever.  You have established a niche just behind the pioneers.

You have provided for that close web of dependence.  You’re not afraid to take the lead, or to take tough decisions.  You have drawn upon your deepest resources of courage, resolution, and sheer hard work.  On the wall, above the mess of your desk, you have the embroidered slogan

‘Everything comes to he who waiteth -as long as he worketh like hell while he waiteth ’

You have followed your intuitions and your heart.  No, your gut feelings have not let you down.  But something has.  Something big.  ‘.  Something outside your control.  You cannot put the words to it – but you know its shape…it is something like the ‘system’, the context’….the thunder cloud on the horizon.

You may not know exactly what has gone wrong, but you have not lost your sense of smell.

There is the toxic smell of corruption hanging in the air.  Greed, irresponsibility, and lies pervade so many transactions.  Deceit comes calling in a collar and tie.  You have lost your faith in experts.  You lost trust in politicians a long time ago.

And now in your pantheon of dunces, you include economists, financial advisers, and bankers

As you know, banks are like tooth fairies, if you stop believing in them, they disappear.

Is there a way forward?  Can we go back to the good old days, the days of your father and grandfather?  We both have nostalgia for those times, which we see in soft focus.  In our rosy imagination, things then were more honest, simpler and straightforward.  But we cannot put the clock back.

But we can put pressure on our friends in suits.  We can whip them into line.  We can tell what they need to do for us. Remember there are more of us than there are of them.  Remember we generate wealth, and they generate hogwash.  We are the risk takers, the doers, and the makers.

They are undoers and naysayers.  We generate constructions.  They generate confusion.  But don’t let them get away with it.  Don’t let them take away what you have so painfully built.

Politicians must be less obvious, less vain, and less important.  If they do their jobs well then their jobs will pare down to almost nothing, the slenderest scaffolding.  Is that too much to ask for -the invisible politician?

Their job is to remove obstacles, to make life simpler.  All they need to do is understand us, support us, and de-clutter our working lives.  Then we have a chance that we can get back to the bare bones of a decent society.  You and your thousand peers, executives in the mud and rain, you are not the engine of the economy, you are more than that.  You are the blood, sinew, and bone of the nation.  The small cells which take up the right forms

I know you like hard work.  I know you can solve the most intractable problems.  I know you work best with your back to the wall.  So this is my plea.  Do not falter.  Please find that reserve of courage, resource, and conviction that will carry us through the hard times.

There is no one easy resolution.  It comes down to fundamentals.  Yes, it is the same old story.  We have to have self belief.  We have to rely on ourselves.  We have to rely on ourselves once again; through self-help, self-determination, and self organization.  This is our history, we have done it before, and we can do it again.  The stakes are higher now.

With my best heartfelt, but nervous, wishes for the future.

The Economy

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The World’s 50 Most Innovative Companies

Published on February 21, 2011 by

Check it:  foursquare named #15 on Fast Compan...

Image by dpstyles™ via Flickr

Fast Company has issued their take on the top 50 most innovative companies in the world.

As they say, there are no real surprises as to who is number one.

And what is the common theme as to why these companies made the top 50?  Fast Company indicates in the article: -

‘That world will be ruled by the kinds of companies on this list.  They’re nondogmatic, willing to scrap conventional ideas.  (A mere 30-second TV ad?  Let’s do 200 online videos in two days, say the creatives at Wieden+Kennedy.)  They’re willing to fail.  (Google’s search team runs up to 200 experiments at any one time.)  They know what they stand for.  (By making home-viewing as easy as possible, Netflix walloped Blockbuster, which thought its business had something to do with stores.)’

The strong implication here is in order to succeed,

  • there has to be a willingness to fail in trying out new ideas,
  • a willingness not to follow convention,
  • a willingness to be your own person/business – not a ‘me too’ business,
  • to have strong convictions and belief in what you are doing,
  • to believe in yourself as a business,
  • to have courage,
  • to be committed to constantly innovating new products and services
  • to have a culture of innovation permeating through every pore of the business!

Yet a vast majority of businesses don’t for a variety of justifiable short to medium term reasons.  So they stay in that cycle of survival, rather than growing in leaps and bounds ahead of the competition – and more importantly staying way ahead of the competition!  These businesses would rather play safe, there is a fear of failure, there is a fear of making mistakes, their employees do not want to be penalised for trying out new ideas.  It is so much safer to carry on doing businesses as normal even if the business just survives – just!

They survive by: -

  • improving systems and processes,
  • they survive by acquiring other businesses,
  • they survive by opening up markets in new territories
  • they survive by replicating other business case studies even though these case studies were done in a different time, a different market in a different context
  • they survive through strong promotional marketing
  • they survive through fine tuning existing products and services presenting them as something new and different!

But in essence nothing has really changed.  These survival strategies do work, they do ‘unlock wealth’, they do improve profitability, they do increase market share but for how long?  It is a lot of work and money to maintain what is in essence just the status quo.

Before the recession, such strategies/tactics were quite sufficient; it seemed everything just turned to gold, there was no need – but now?

The rules of the game have changed now, doing things sufficient well, maintaining the status-quo does not necessarily guarantee survival now – in fact this approach/attitude could very well become the cause for the demise of some businesses in the foreseeable future if it hasn’t happened already?

It is interesting most businesses would love to reap the rewards of these top 50 most innovative companies (especially in this market), yet lack the courage, conviction and culture to do what these innovative companies have done and continue to do, to be in the top 50!

These companies focus on creating wealth in addition to unlocking wealth and this is what businesses need to do to grow in this new economy

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Solutions To Those 10 Wicked Problems

Published on January 28, 2011 by

Design-management-definition
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At the beginning of last December I quoted from Marty Neumeier’s Book ‘The Designful Company’ the top 10 wicked problems as identified by 1,500 company executives as the challenges that they had to face in 2008.  It seems only fair I give you Marty Neumeier’s solutions to these top 10 wicked problems!  The wicked problems still are relevant today if not even more wicked!

1. WICKED PROBLEM SOLUTION – Balancing Long Term Goals with Short Term Demands

  • Articulate a long term vision
  • Build a culture of innovation
  • Strive for charismatic brands
  • Encourage organic customer loyalty
  • Institute brand training
  • Give design a seat at the table

2. WICKED PROBLEM SOLUTION – Predicting the Returns on Innovative Concepts

  • Screen for ‘good and different’
  • Use design instead of deciding
  • Bring Design Management inside
  • Think Big, spend small
  • Use stage-gate innovation
  • Design new metrics

3. WICKED PROBLEM SOLUTION – Innovating at the Increasing Speed of Change

  • Build a culture of innovation
  • Focus on agility instead of ownership
  • Move design up the ladder
  • Let ideas flow upward
  • Institute brand training
  • Reward with wicked problems

4. WICKED PROBLEM SOLUTION – Winning the War for World Class Talent

  • Paint a bold picture for the future
  • Tackle wicked problems
  • Weave a rich story
  • Knock down the walls
  • Institute brand training
  • Recognize talent

5. WICKED PROBLEM SOLUTION – Combining Profitability with Social Responsibility

  • Use design instead of deciding
  • Apply aesthetics to management
  • Strive for ‘good design’
  • Treat responsibility as a design opportunity
  • Institute brand training
  • Reward good brand behavior

6. WICKED PROBLEM SOLUTION – Protecting Margins in a Commoditizing Industry

  • Strive for charismatic brands
  • Encourage organic customer loyalty
  • Build a culture of innovation
  • Bring Design Management inside
  • Institute brand training
  • Recognize talent

7. WICKED PROBLEM SOLUTION – Multiplying Success by Collaborating Across Silos

  • Assemble a metateam
  • Bring Design Management inside
  • Establish an innovation center
  • Institute brand training
  • Recognize talent
  • Give design a seat at the table

8. WICKED PROBLEM SOLUTION – Finding Unclaimed yet Profitable Market Space

  • Screen for ‘good and different’
  • Use design instead of deciding
  • Build a culture of innovation
  • Let ideas flow upward
  • Use stage-gate innovation
  • Design new metrics

9. WICKED PROBLEM SOLUTION – Addressing the Challenge of Eco-Sustainability

  • Tackle wicked problems
  • Design for efficiency
  • Take design cues from nature
  • Strive for ‘good design’
  • Let ideas flow upward
  • Use stage-gate innovation

10. WICKED PROBLEM SOLUTION – Aligning Strategy with Customer Experience

  • Bring Design Management inside
  • Assemble a creative metateam
  • Collaborate concertina-style
  • Let ideas flow upward
  • Institute brand training
  • Give design a seat at the table

If you want to find out why Marty Neumeier believes a Designful Company will provide solutions to these wicked problems I suggest you go and buy the book – here’s the Amazon Link

http://www.amazon.com/Designful-Company-culture-nonstop-innovation/dp/0321580060%3FSubscriptionId%3D0G81C5DAZ03ZR9WH9X82%26tag%3Dzemanta-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0321580060

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