Incremental Approach versus Evolutionary Steps—Might the Terminology Shift?

It’s only one example that recently received considerable media coverage. Still, it is a situation where the term evolutionary steps was used in media accounts of the auto industry, an industry previously described in the press as taking an incremental approach. Perhaps, it’s just semantics. But, in the media earlier this month, Continue reading “Incremental Approach versus Evolutionary Steps—Might the Terminology Shift?” »

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Can You Find the Treasure in your Business?

Hunting for treasure takes on two key roles in the recent Fortune article about the success of retailer T.J. Maxx. One role of the treasure hunt is T.J. Maxx’s use of it to attract shoppers, and that role is obvious in the article. The other role is somewhat more subtle, and entails deeper implications for business success not overtly stated in the article.

The article “Is T.J. Maxx the Best Retailer in the Land?” was Continue reading “Can You Find the Treasure in your Business?” »

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The Never Ending Stream of Idealized Failure

As I checked my email not long before writing this blog post, the subject line of an email marketing piece caught my eye. Soon, I decided that my blog post should tie in with that subject. It would be a good follow up to my previous post, which was about how failure is not necessary and is too idealized.

So, what was the Continue reading “The Never Ending Stream of Idealized Failure” »

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Success Comes from Strengths and Capability–Prior Failure Is Not Required

An article in the most recent issue of Harvard Business Review has a title that asks an intriguing question. The question is related to what I’ve written before. So, principles from my prior writing warrant revisiting, repeating, and further explaining regarding the role of failure in eventual success.

The Harvard article is titled “Do You Really Have to Fail to Succeed?” Continue reading “Success Comes from Strengths and Capability–Prior Failure Is Not Required” »

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Is It Adaptive Strategy or Is It Flip-Flopping?

Adaptive strategy is often viewed is a solution for dealing with today’s turbulent and uncertain business climate. Since everything appears to be changing so rapidly and the future seems unclear, the flexibility to quickly shift strategy has been heralded as a highly effective business practice.

But, this raises important questions. Are you truly making good use of adaptive strategy? Or, are you merely flip-flopping? Continue reading “Is It Adaptive Strategy or Is It Flip-Flopping?” »

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