Change Your Input Change Your Output
In part 2 of The Entrepreneurial Mindset, Rita McGrath, discusses the concept of the entrepreneurial mindset and the power of consumption chain analysis for businesses seeking to differentiate and innovate.
Rita illustrates how understanding each step of a customer’s journey, from need identification to product disposal, can unveil numerous opportunities for innovation and competitive advantage.
A conversation with Rita McGrath, author of ‘The Entrepreneurial Mindset,’ exploring principles for thriving in rapidly changing environments. McGrath shares her personal journey from industry to academia, emphasising the importance of understanding practical business applications.
Explore an engaging conversation with futurist and author Ian Morrison, as he discusses traditional organization structures and the transformation required for businesses to adapt to the ‘second curve’. He shares valuable insights on the impacts of technological advancements and changing consumer preferences on organizations, individuals, and the global marketplace. Morrison shares personal anecdotes and professional case studies to illustrate the complex yet essential process of navigating from the old curve to the new one. Tune into this insightful conversation to prepare for an exciting future.
The ‘private lawn’ is the ability to have the time and space to plan, think and grow. For some of us, daily survival consumes all our time and energy, leaving no room for strategic thinking or planning. Few organisations carve out the time to plan, strategise and think about long-term goals and objectives.
As business leaders, creating an environment where everyone can access their ‘private lawn’ – a space for growth, planning, and forward-thinking is crucial. However, we must also plan by priority.
Feelings are difficult to research because they are inherently subjective, but If we exclude feelings from our account of the brain, we will never understand how it works. You tell us, to a fantastic degree, neuroscientists searching for an explanation of consciousness have ignored feelings. Mark Solms takes us on an exploration of Feelings and te work of his friend and collaborator, Jaak Panksepp.
While scams and fraud have been around as long as human society, what happens when a scammer is no longer a person but an AI? As in Esperanza’s case, trust is often the scammer’s most potent weapon. This elderly woman, driven by her religious obsession, gave her life savings to someone she believed was divine. With its capacity to learn and adapt, AI could potentially exploit that trust on a much larger scale.
AI has a Problem of Privilege.This week’s Thursday Thought draws an unlikely parallel between Woodstock ’99 and the burgeoning issue of AI’s privilege problem, warning of an oncoming “Tr-AI-wreck.
I was MC for the tech stage at the Fifteen Seconds Festival in Graz, Austria. My friend Greg Satell joined me on stage and wrapped his change framework around the compelling question: “How Can We Save The World From AI.”
Hire For Neurosignature Train For Skill. In a changing workplace, rather than hiring solely based on skill, we might consider a candidate’s neurosignature. Each neurosignature brings unique strengths to the table. Hiring for neurosignature and training for skill might lead to higher workplace happiness, higher revenue and lower employee turnover.
Incremental innovation remains a critical component for organisations. However, when an organisation only rewards incremental endeavours (recognition, remuneration and promotion), why would anybody want to risk their career with transformational effort? Give the customer a 12-blade razor, a chai-latte-flavoured soda or a 6G Origami phone. By all means, be a fast-moving caterpillar-cake copycat, but invest some of the profits from the incremental present into the transformational future. Don’t use the future to fuel your present.
