Strategy

What’s the question most leaders are afraid of?

Innovation, Strategy and Risk (Part 1) The recent turbulence of our market has a well-established ruthlessness in decimating long loved institutions. Brands once considered to be indomitable, such as Kodak, Nokia and Australia’s automotive industry, are disappearing faster than the Amazon; whilst Uber, AirBNB, and, somewhat ironically, Amazon Inc, are exploding in scale, dominance and…

Are you ready for the Fourth Industrial Revolution?

How is your organisation preparing for the Fourth Industrial Revolution? How are you ensuring your skills evolve to meet the requirements of the future? This week the 2017 World Economic Forum is being held at Davos, Switzerland. The first key challenge is to come to grips with the Fourth Industrial Revolution. The future will see…

Risk Aversion or Poor Governance?

It’s a common cry that organisations, particularly big ones, don’t innovate because they are risk averse.  A fear of taking on risk, and a fear of being held accountable for those risks, prevents managers from advocating innovations. Many people argue that the way around risk aversion is to create a “safe to fail” environment for…

How do we get faster?

The Step Change Commercialisation Group addressed the Topic “How do we get faster?” Three companies presented and a summary is outlined below: Mondelez NPD accounts for 14% of annual revenue, releasing 30 new products in a year. They got faster by investing in People, Processes & Tools. This led to a change in behaviours and…

Disrupting your way to success

Extract from Step Change Commercialisation Workshop  28 members and guests attended the video conference held in the Griffith Hack CBD offices in Brisbane, Sydney and Melbourne. With presentations of 10-15 minutes, questions and then a general discussion during which the attendees were asked to nominate 2-3 lessons that they would take back to their organisations….

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