Do You Roll the Dice or Do You Want to Win?

In today’s era of rapid change and potential disruption, business leaders are often prone to exercising their bias for action. When change threatens an industry, such bias for action might be viewed as advantageous. If an industry is hit hard by disruptive threats, doing something—anything, even if it’s risky-is often perceived as Continue reading “Do You Roll the Dice or Do You Want to Win?” »

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Novelty Is Not the Only Way to Stand Out—Harvard Business Review’s Print Edition Published My Comment

I am honored that a comment I posted online near the start of this year was published in the ”Interaction” section of Harvard Business Review’s May-June 2017 print edition. The “Interaction” section in Harvard Business Review’s print edition showcases a limited number of comments selected from those posted online on Harvard Business Review articles.

What I commented on was Continue reading “Novelty Is Not the Only Way to Stand Out—Harvard Business Review’s Print Edition Published My Comment” »

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As Other Retailers Close More Stores, Kohl’s Values Keeping Them Open, Integrating Old with New

Properly managing a company’s shift from the old to the new can markedly improve business success. Online shopping (the new) has been growing and more and more physical stores (the old) are closing. While this unfolds, however, additional benefits of bricks and mortar locations continue to emerge. Based upon my 25+ years researching business success and failure patterns, companies that do a good job integrating Continue reading “As Other Retailers Close More Stores, Kohl’s Values Keeping Them Open, Integrating Old with New” »

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Changing Times Bring Tremendous Opportunity, but also Potential Peril

Today’s times are characterized by uncertainty and rapid change. Businesses face uncertainty about how their markets might change, which key players will dominate the newly emerging business landscape, which ones will make “Winning Moves” and which ones will stagnate or decline.

Consequently, many business have encountered Continue reading “Changing Times Bring Tremendous Opportunity, but also Potential Peril” »

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A Recent Example of How Greater Focus Is Not Enough

Several companies have shed business units striving to become more focused. In fact, roughly a year to two years ago, news of yet another corporate spinoff was quite common. But, as I told U.S. News & World Report a little over a year ago when they quoted me in an article about corporate spinoffs, merely increasing focus is not enough.

A recent example is Continue reading “A Recent Example of How Greater Focus Is Not Enough” »

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