As holiday shopping picks up steam with Black Friday, we are reminded that Toys-R-Us has shut down and shoppers must buy their toys elsewhere this year. Despite the dire fate of Toys-R-Us, however, throngs of children still have toys on their holiday wish list. So, new outlets will have to handle the Continue reading “Are There Treasures in What Another Business Shuts Down?” »
When disruption looms and companies run into serious trouble, the cause of the difficulties is often attributed to businesses responding inadequately to major technological shifts. However, the true cause of the trouble may go far deeper and be more longstanding. It goes well beyond Continue reading “Business Troubles Often Start Long Before Disruption Occurs” »
Many companies face challenges in today’s rapidly changing world. To do well in today’s environment, they need to deal with the situation effectively. And, according to my 25+ years researching business success and failure patterns, small bets tied to a company’s past help pave the way to success.
A recent example is Backstage, the off-price Continue reading “Success with Small Bets Tied to a Company’s Past” »
Not long ago, new academic research came out indicating that people are more motivated to change when leaders communicate how some of the old ways of doing things will continue.
I am intrigued by this because my 25+ years researching business success and failure patterns in companies’ strategic moves found that integrating the new with the old is typically a successful approach. However, my research concentrates on the strategic moves that companies make–that’s why Continue reading “Study Shows Preserving Old Ways Motivates People to Change” »
Learning is valuable. It helps companies develop the strengths needed for business success.
But, learning takes time. And, if there are too many items to learn, success is deterred until enough is understood to make things work well.
Start-ups that tackle really big challenges can easily have this Continue reading “The Dark Side of Needing Too Much Learning” »