Digital disruption is a BIG deal. It allows organizations to be faster, better, cheaper, and friendlier in every area of their business. It gave us Uber, Lyft, and Airbnb. It makes Amazon a huge winner and every brick and mortar retailer a potential dinosaur. It isn’t your only challenge, however. [...]
As you read this, someone is considering – and probably working on – how to disrupt your industry. You won’t see them coming, and your first thought when they appear will be to focus on the technology. That’s a mistake. The disruptor’s best weapon isn’t the technology. Their tools and [...]
What does a snail say when riding on the back of a tortoise? WEEEEEEEEEEEEEEEEEEE! Besides being one of my favorite jokes ever, it also a reminder about the importance of perspective as you view the generation that makes up the majority of the workforce today and will grow to 75 [...]
Building a business that lasts is the exception rather than the rule. Fifty percent of start-ups fail within the first five years. That number drops the longer you stay open, but even then, building a sustainable business requires a unique combination of skill and luck. Fortune 500 companies last, on [...]
Your business didn’t start out with the intent to become lethargic and ultimately irrelevant. It began with an idea that would provide a product or service that is faster, better, cheaper, or friendlier than your competitors. Sometimes that idea was an enhancement of what currently existed in the marketplace. Other [...]
Didn't make it to the Summit? Find out a few of the ideas you missed. Were you there? Here a a few key ideas to remember.
Depending on your preferred quote, the truth will make you miserable, make you mad, and set you free … but not until it is finished with you. I take no comfort in contradicting James Garfield, Aldous Huxley, David Foster Wallace, and especially Jesus. The truth, however, cannot exercise its enormous [...]
Your business will probably not last forever. Fifty percent of start-up businesses fail within the first five years. The average lifespan of a Fortune 500 company is only 40 to 50 years. S&P 500 companies stuck around for an average of 67 years in the 1920’s. Today they last an [...]
Want to know about the struggles facing organizations today? The Five Friends share their what they are seeing in the marketplace.
What companies are getting it wrong today? More important, what can you learn from them? The Five Friends share their ideas.