Author Archives: AndrewPetrick

Do we have to INNOVATE to stay on top?

If we look at the stock market, the answer is yes. Its incredibly difficult to stay in the Dow Jones 30 or the S & P 500 for multiple decades; in fact, most participant companies have not been able to … Continue reading

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Will Tomorrow Be Like Today?

No! We wish it would… and we live our lives like it will. We project an improved status quo on to the future. The truth is we just don’t see the forces that are shaping our soon to be new … Continue reading

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The Strategist

The strategist and the innovation leaders must not fight the people driving the current performance engine; instead they must forge a partnership with their polar opposite. Respect means understanding and appreciating the endeavors of “good people doing good work”. It’s … Continue reading

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Consensus and Leadership

Consensus is not acquiescence or unanimity. It’s not giving up what we believe in. It’s about coming to better beliefs, about understanding the corporate purpose in deeper and more intimate ways. It’s about the courage to come out of our … Continue reading

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Balancing Present and Future

Established companies strive to achieve ever higher levels of productivity and efficiency, in fact they evolve to deliver such. The focus becomes serving their customers better than their rival competition. The perspective is short term and the long-term priorities of … Continue reading

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Focus on the Dream

In many ways, we might be right to ignore competition. Keeping our eye on the other guy tends to keep our focus on our “in common” activities. That tends to “sameness” that promotes commoditization and margin erosion in our similar … Continue reading

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Stay the Course – Reinvent Yourself!

To a business owner or CEO, “Stay the Course & Reinvent Yourself” may sound like a choice between continuing on a given path or choosing another. However, the truth is that innovative firms continue being one thing while becoming something … Continue reading

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Copy Cat Your Way to Success – Part 2 – Market Validation

According to Rob Adams, author of If You Build It, Will They Come, more than 65% of new products introduced by established companies, with already entrenched products, will fail; for start-up companies the failure rate is over 90%. The probabilities … Continue reading

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Copy Cat Your Way to Success

Part 1 According to Rob Adams, author of If You Build It, Will They Come, more than 65% of new products introduced by established companies, with already entrenched products, will fail; for start-up companies the failure rate is over 90%. … Continue reading

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Harmony & Collaboration

The CEO’s position now demands the skill set of a symphony orchestra conductor. Chris Trimble and Vijay Govindarajan (T & G) of the Tuck School of Business state “innovation and ongoing operations are always and inevitably in conflict”. That’s why … Continue reading

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