‘Team work, brainstorming, tinkering and patience’ seems to be the way Jeff Bezos of Amazon and Washington Post makes innovation work. There must be something important to why this man says innovation takes time and requires there. Think about them and how you may find these helpful as your grow your business as well.
Read more here – Link: http://www.inc.com/samuel-bacharach/jeff-bezos-innovation-formula.html
Mark Frissora is the CEO of Hertz, one of the leading car rental companies in the world. How much time should a CEO spend in operations? Is it important? How does that impact decision making? These are some of the questions answered in this interview. I also found their TOM Model interesting to keep entrepreneurial and innovation orientation in the company alive. An interesting list of answers filled with insights of how to re-vitalize business when advantages seem transient. Read more here – Link: http://www.mckinsey.com/Insights/Strategy/Leading_in_the_21st_century_An_interview_with_Hertz_CEO_Mark_Frissora
David Teece is the famed professor behind the Dynamic Capabilities concept in strategy. He had Nobel Laureate Oliver Williamson as a mentor. His students include Gary Pisano and Henry Chesbrough. His theories are becoming even more critical in today’s hyper competitive world. Every system gets duplicated or imitated in some form as soon as it is implemented. There seems to be no cover to best practices. It then becomes important to develop capabilities that not only are unique but which also remain agile and adapt to changes. An interesting interview with an interesting strategic thinker!
Read more here – Link: http://www.strategy-business.com/article/00225?gko=d24f3
Opening your books to your employees is what every entrepreneur wishes to speak about and dreams of doing one day – but rarely do you come across a person who practices this! Here is the story of one who not only practiced it but also achieved extraordinary success doing it. Entrepreneur Jack Stack shares his thoughts with Inc editor at large Bo Burlingham – they also have written a book on the same subject. Read more here – Link: http://www.inc.com/burt-helm/five-benefits-of-opening-your-books.html
So many people dream of becoming writers, painters, sculptors, dreamers, etc but rarely does one take the bold step to live the life they always want to! Here is author Susan Cain of the popular book on introverts “Quiet” sharing her journey to becoming one and tips on how anyone dreaming of becoming one can do too. Read more here – Link: http://www.linkedin.com/today/post/article/20131015200715-701389-how-to-quit-your-job-and-become-a-writer
As social animals we are always looking to connect with people all the time. We like or dislike people and constantly look to sharpen our skills to network with others. If you are in business or entrepreneurship you don’t have too much option to not indulge in networking; more so if you have a team to manage. How does on sharpen his / her social skills? Here is an interesting take on the subject. Did you know reading literature can make you socially sharp? Read more here – Link: http://www.fastcompany.com/3019369/leadership-now/why-reading-tolstoy-will-make-you-a-better-boss
Does passion create success? Or Does success stimulate passion? One proposed by Scott Adams, the creator of Dilbert and the other by Peter Drucker. Which do you agree with? Here are their individual views – Link: http://thedx.druckerinstitute.com/2013/10/dilbert-meets-drucker/
Who does not have the need to avoid communication these days? Even the most introvert amongst us needs to engage and entertain to spread their message. Everyone who wants to lead has to definitely learn to communicate and really well too. Here are 7 Tips which one can emulate and practice to enhance their communication effectiveness – Link: http://www.inc.com/kevin-daum/7-things-really-amazing-communicators-do.html
The world seems to be facing too many social problems. With the information revolution expanding firmly into the developing world we are getting to know about more challenges that we as a global society are facing or going to face. But who is going to solve these issues? Are we to wait for them to come in the form of non-profits or non-governmental organizations or wait for the government to tackle these? Here is an interesting TED Talk from Strategy Professor Michael Porter of Harvard Business School sharing thoughts on how businesses are well placed to take on this challenge directly.
Listen here – Link: http://www.ted.com/talks/michael_porter_why_business_can_be_good_at_solving_social_problems.html
Women Entrepreneurs are increasing in number! I am not very surprised on the trend. When one looks at high school results we have more women topping the rank lists than men; we have more passes amongst women than men; and incidentally women are also inherently more matured than men, early. With a lot of support from the ecosystem we should see more success stories amongst women entrepreneurs – but they too have challenges! Here are five that seem important to handle. Read more here – Link: http://mashable.com/2013/10/15/challenges-women-entrepreneurs/
Artists find it difficult to market art! They do their work and most often wait to be discovered and celebrated. As the world gets more connected and geography is literally disappearing, can artists actually get over this difficult part of their trade? Here are 99 ways in which one can market art. Read more here – Link: http://www.inc.com/burt-helm/five-benefits-of-opening-your-books.html
Gartner is a leading voice in technology thought leadership. While the world is seeing enough turbulence one thing that is certain is the increasing influence of technology on every facet of life. Hence it is in everybody’s interest that we keep an eye on the latest technology trends shaping and influencing society at large and business in particular. Here are the Top 10 Strategic Technology Trends for 2014. Very interesting! Read more here – Link: http://www.forbes.com/sites/peterhigh/2013/10/14/gartner-top-10-strategic-technology-trends-for-2014/
The title brought me here to this TEDx Talk, but the topics got me to listen to it fully. If you are a teacher of any kind or you are one who is involved with the education system overall, you will find some interesting ideas in this short (less than 8 minute) video. Listen more here – Link: http://www.good.is/posts/you-can-t-be-mindful-if-your-mind-is-full
Any help to network better is useful for emerging entrepreneurs. Here comes another 8 of them from a popular author Dorie Clark. Some of the advice in here is very relevant considering the fact that early stage entrepreneurs have limited time and limited money. Read more here – Link: http://www.huffingtonpost.com/dorie-clark/eight-ways-to-generate-ne_1_b_4079730.html
It is always inspiring to read about ‘Showing Up’, because if we don’t where is the game in the first place? It is in this context that when I enjoyed reading Whitney Johnson’s blog post on HBR titled “Always, always, always show up” Oh! What a title? It gives me the needed push to get out of my seat and doing something that I was giving myself excuses against. Read more here – Link: http://blogs.hbr.org/2013/10/always-always-always-show-up/
“20 Things 20 year olds don’t get” – I was simply excited by the title! Why? Because I spend a lot of time teaching Entrepreneurship to 20-somethings and I was keen to know what the author had written. I am so happy to share this on my list of interesting links this week since it resonates with a lot of what I have been sharing in classes. It is simply too important, not to ignore. Read all of the 20 pieces of advice here – Link: http://www.forbes.com/sites/jasonnazar/2013/07/23/20-things-20-year-olds-dont-get/
The little 90 second clip embedded in the post is worth every second invested for every entrepreneur. The lesson – “Getting out during business venture creation helps” While the advise may seem banal, very few entrepreneurs truly practice it religiously. No wonder then that few succeed beyond imagination. Read and Listen more here – Link: http://steveblank.com/2013/10/11/this-will-save-us-years-lean-launchpad-for-life-science/
I never imagined stories could be expressed this way. In fact strength of good stories is because they are seemingly built this way! For a person who reads very little to no fiction, this article was an eye opener. Due to my recent interest in building content on story-telling for entrepreneurs and business owners, I was attracted to this post. I have definitely taken away from the messages, suggestions and also from the visuals embedded in the article – they are brilliant and thought provoking. Read more here – Link: http://www.fastcocreate.com/3019333/8-tips-for-creating-great-stories-from-george-rr-martin-junot-diaz-and-more-of-the-worlds-to
Libraries can do more good than we can imagine, that is enabling a love for books and reading. Here are some thoughts and ideas from the Impatient Optimists Blog run by the Bill and Melinda Gates Foundation network. I found the ideas for economic development in emerging areas by fueling digital consumption of information through local libraries very inspiring and practical. Read more here – Link: http://www.impatientoptimists.org/Posts/2013/10/Libraries-for-Social-Good
Interviews of leading thinkers are always interesting and inspiring – primarily because they stretch your thinking by providing some leading ideas. Prof Nirmalya Kumar’s interview in the Live Mint Business Newspaper is truly one such interview. I enjoyed reading it. The thoughts on how innovation has to be used by emerging country enterprises to build global brands is very useful not just for established companies, but will also serve as useful inputs for young and emerging entrepreneurial enterprises. Read more here – Link: http://www.livemint.com/Companies/f0pZ27i8jDURaPMJP0pl3J/The-next-big-agenda-of-corporate-India-will-be-innovation-N.html
Do you think words impact your thinking? Think about it! The power of words is highly underestimated. This article provides lovely examples to show how our thinking varies as we change the words we use and hear. It has triggered in me ideas of how this can be used in opportunity sighting for entrepreneurs – check what may be triggered in your head! Read more here – Link: http://blogs.hbr.org/2013/10/can-you-invent-something-new-if-your-words-are-old/
A quieter week led me to spend a little more time reading online and catching up with my books offline. Here are some interesting links that i thought all of you would also find interesting among the many I read this week.
Entrepreneurs are always a mystery to understand; serial entrepreneurs even more! So, when some research talks about what may be going on in their heads and hearts, it is worth listening carefully. Management School Associate Professor Wayne Stewart of Clemson University.
Did you know that Sir Salman Rushdie worked as a copywriter under the legendary marketing and advertising thought leader David Ogilvy before turning into a full time writer? Looks like some learning from the master writer held create one of the leading writers of the current times – Check out some of the learning that helped Sir Salman Rushdie – some could help you as well.
Making connection is an inevitable activity and a continuous one too. Entrepreneurs don’t have much choice but to constantly build and sustain their interconnectedness. Not every tip on networking works for everyone, so keep listening to as many tips as you can receive; pick and choose what works for you. Here are 7 more…
Have been travelling and managed to read a lot more on my phone than on the laptop. Here are some which really got me interested and kept me glued to the handheld:
Since it was 2nd October, there was a lot on Mahatma Gandhi and his life, but this slideshow on how he is being used extensively in advertising over decades is a rather interesting one. Link: http://economictimes.indiatimes.com/slideshows/advertising-marketing/different-faces-of-mahatma-gandhi-in-modern-advertising/mahatma-gandhi-in-modern-advertising/slideshow/23399695.cms
“The Biggest Start-up Mistakes I’m Happy I Made” is not a title that’s going to miss the attention of any entrepreneur. I didn’t miss it either. Here are thoughts from J T O’Donnell on LinkedIn. You will find some contrarian ideas and some to resonate with as well. Overall a useful reminder to all entrepreneurs. Link: http://www.linkedin.com/today/post/article/20131001023617-7668018-7-business-start-up-mistakes-i-m-happy-i-made
Reading Books that are banned is thrilling! Here is a very interesting list which you may find amusing and confusing (as to why they were banned in the first place). If you are the type who loves to read, getting your hands on one of them could be a wonderful experience. Link: http://www.forbes.com/sites/alexknapp/2013/09/23/five-banned-books-that-you-should-read-that-you-probably-havent/?utm_source=dlvr.it&utm_medium=twitter
These are the links that made it to the top of my reading list this week:
A blog that will resonate with every founding team. The lessons that I learnt are innumerable and invaluable. http://bit.ly/14uNNnC
Interesting ideas on education from Reid Hoffman http://t.co/DGUx9pYPW2
As an author this link had to catch my attention and make it to the top http://t.co/SyAKwgpS3G