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  Innovation
You will find below a collection of articles / news which I hope you will find useful.
Strategy

The Campaign for Real Brands
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Less is More
'The less training I do with them, the better they seem to play,' joked the self-effacing England rugby coach Brian Ashton, whose team narrowly lost the World Cup final at the weekend. Now there’s a line to get managers everywhere thinking.
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Right/left-brain test
What to do: Find out whether you are a right-brain or left-brain thinker by interlocking the fingers of your hands and placing one thumb on top of the other.
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Michael Porters Five Minute Master Class
1. The 30-second summary
2. What Strategy is Not
3. What race are you running
4. The problem with best practices
5. It's not about war
6. The four questions you need to ask yourself

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Nine Traps
Former Microsoft Chief Operating Officer Bob Herbold says success creates nine dangerous traps for companies around the world today. "Once they reach some level of success they tend to lose their sense of urgency," the INSEAD senior executive in residence says.
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Blue Ocean Strategy: The primer
http://knowledge.insead.edu/contents/BOSprimer.htm

Is your organisation good or bad at the following?

  • Co-ordination - does it work in a joined-up way?
  • Commitment - how committed are people?

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Innovation: Using externally-oriented or "X" teams can prove a winning strategy
http://knowledge.insead.edu

Control freaks - people who can't let go
http://www.managementtoday.co.uk

Relight the fire
http://www.cranfieldsom.info

Turbulent times may be ahead.
This useful article may help Companies prepare for the worst!
http://www.cranfieldsom.info

12 LEADERSHIP LESSONS FROM JACK WELCH
1. What to measure.
2. Build confidence. That's your job description.
3. Set your people free. Give up command to take control.
4. Shout when you win
5. Numbers aren't enough
6. Spend more time on talent development
7. Fair doesn't mean the same
8. Make people share ideas
9. Meet customers more often
10. Don't dither. Jump.
11. Get out of your office.
12. When Jack blew up the plant

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The Momentum Effect
http://knowledge.insead.edu/TheMomentumEffect

The next step in open innovation
http://www.mckinseyquarterly.com

A dynamic tool for strategists
The central characteristic of an enduring idea is that both it and its uses evolve over time. Nothing illustrates this point better than the Structure Conduct Performance (SCP) model. In its original form, which helped the US government to frame antitrust policy during the Great Depression, the model shows the influence of an industry’s structure (such as barriers to entry) on the conduct of producers (pricing, for example) and the performance of the industry and producers alike. During the early 1980s, Michael Porter’s Competitive Strategy popularized the model’s use as an analytic tool for business. Later in the decade, McKinsey added a dynamic element, suggesting, for instance, that the conduct of a corporation can affect the structure of its industry. Many companies, across regions and sectors, use the seemingly timeless dynamic SCP framework to develop strategies.

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P&G approach to Open Innovation

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WATCH THOSE LEADING INDICATORS

Fiorina also reminds us that you will navigate best through the current turbulent economic conditions if your attention is kept outward, on forward indicators, rather than being sucked into the classic mistake of looking inward and focusing almost exclusively on resource reduction (cuts) without paying enough attention to what’s coming. Fiorina says you need to watch four leading indicators:

"The leading indicators of any business are

1. Customer satisfaction
2. Rate of innovation
3. Diversity of your management team
4. Ethics"

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Tap into Consumers' Deepest Yearnings

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ITEM Club Autumn forecast online video

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Web 2.0

The Business of Web 2.0: Getting a Return on Technology
http://www.bettermanagement.com

Ted Baker's Martin Newman on multi-channel retail - (Newsletter)
http://www.e-consultancy.com

International

Recently, I have been asked to help some senior UK business people.
Recently, I have been asked to help some senior UK business people prepare for a conference in China. Often people, particularly those who have held senior positions in US corporations, have a specific style for conducting business.
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Knowledge transfer: Use templates to pass on best practices, at least initially
As corporations look to expand overseas - through franchising, outsourcing or setting up plants and offices elsewhere - they transfer best practices to maintain their competitive edge.  But what's the best way of doing that and how should they adapt these operational practices to local conditions?
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Cross-cultural negotiations: Avoiding the pitfalls
http://knowledge.insead.edu/CrossCulturalNegotiations

© 2006 David Elliott - Business and Marketing Consultant
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