The elevator pitch is as important as the business plan, some people call it twitter pitch (but I think 140 characters might be too short). Bplans explain what components a perfect elevator pitch must have; every single angle of a business plan in a short visionary version is laid out. Top components of an elevator pitch: … Continue reading Top Components of an Elevator Pitch
Management
How Leaders Create Conditions for Change
Leaders can not dictate the culture, but they can nurture it. they can create the right conditions for change, creativity and innovation. Leader can multiply the effect of a team. Liz Wiseman interviewed more than 150 leaders to research her book Multipliers: How the best leaders make everyone smarter. Leaders who are multipliers can double … Continue reading How Leaders Create Conditions for Change
Stop Planing and Start Acting
Being creative and innovative is not enough, you still need to act. Many people get stuck between wanting to act and taking action. Professors Bob Sutton and Jeffrey Pfeffer call this the "knowing-doing gap": the space between what we know we should do and what we actually do. This cal lead the company to have … Continue reading Stop Planing and Start Acting
Change and Negotiation
When people think about negotiation, they immediately think of having to influence someone else but Erica Ariel Fox says you have to manage yourself first. She introduces the big four concept: Your Dreamer, or inner CEO. This part of you operates on intuition, and imagines big possibilities for the future Your Thinker, or inner CFO. This part … Continue reading Change and Negotiation
Personal Touch of Innovation
There are plenty of organisations that have fully embrace innovation as the essence of their business model. An example is 3M defines innovation as "New ideas plus action or implementation which results in an improvement, a gain or a profit". It is not enough to have a good idea only when you act, implement and … Continue reading Personal Touch of Innovation