Dynamic capabilities allow an organization to adapt to changing conditions, and thus are increasingly valued as the pace of change accelerates. This ability to change rapidly in the face of change, both positive and negative, is what makes dynamic capabilities so important and valuable as a part of an organization’s business model. A Dynamic Capabilities … Read more
The Blue Ocean strategy framework has become popular since around 2005, on the initial publication of “Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant“, by W. Chan Kim and Renee Mauborgne. It was conceived as a way to forward execute on some of the latest thinking on innovation, particular … Read more
Pattern recognition today is a popular topic largely because pattern recognition techniques have leveraged advanced technology, such as Machine Learning and Artificial Intelligence. However, there also is very much a human side to pattern recognition, and it is applicable to developing strategies and managing projects. This post explores the value of pattern recognition, where it … Read more
Nature, industries, and companies go through stages of evolution. Many of these stages are captured in life cycles, natural processes in business development, or the increasingly agile stages of development. This post examines an interesting framework for stages of industry development, and it was built upon a mountain of empirical data. Consolidation Endgame Curve Basics … Read more
Innovation is an important topic these days simply because it is becoming critical to survival – for companies, governments, and people. Indeed, we have seen the effect on all three of the development of COVID-19 vaccines. Innovations are usually not completely new, a single stroke of genius, or just about a product. Let’s explore the … Read more
Design thinking has been around for decades, but it has taken root more deeply in recent years. As the transition to a digital economy continues, design thinking plays a role in making and keeping the customer first. It also supports shorter delivery time frames, increases chances of project success, and wards off the effects of … Read more
Products and services, projects, and processes all need to add value to be strategically viable. This applies regardless of the type of organization – small, medium, or large company; startup; government entity; or non-profit. Lean innovation management originated from startups, but is applicable in helping bring a startup mentality to a variety of types of … Read more
Digital technology has disrupted industries and created widespread opportunity for value creation. How can organizations find their place in this new order? What are the new strategic opportunities? In part, the answer lies in developing custom strategies and implementing projects to position the company in the appropriate business ecosystems. It goes beyond what the firm … Read more
The Gartner Hype Cycle is an interesting product with wide applicability in the digital technology world. It takes the inevitable phases of developing technology products, boils them down to a logical life cycle, and adds rigorous product research to give a valuable perspective on where products fit into the life cycle. This article covers the … Read more
The Gartner Magic Quadrant is a powerful tool that can be used for multiple purposes. Some use it in the process of pursuing acquisitions. Others use it for investments. Others use it for informing their strategies for positioning software products in the marketplace, or for acquiring software products. This post provides an overview and explores … Read more