In business as well as in our personal lives, transformation only occurs when the initial burst of enthusiasm is followed by unrelenting and sustained effort. Learn 5 steps to keep you moving forward.
In the next 10 years, 40% of the Fortune 500 companies will no longer exist. Disruption is everywhere and it is turning industries upside down. The rate of change is making it difficult for most businesses to respond quickly.
Startups don't have a monopoly on innovation. Big companies can innovate, too. Apple has been innovating for years. Virgin continues to reinvent the travel experience. But legacy brands and challengers alike don't innovate by accident. Innovators, whether legacy brands or startups, possess a culture of innovation. You can, too.
How does a business make innovation an everyday occurrence? I recently blogged about the role of a change agent to guide innovation inside an organization. You need a change agent to lead.
Our culture is rampant with references to momentum: a sports team has “momentum going into the playoffs”; a business has “momentum following a successful IPO”; and an Internet meme or viral video “gains momentum through virtual and real word-of-mouth”.
Sometimes the simplest change can unleash the potential of your work force. A case in point is learning how to talk openly with each other at BeyondCurious. After taking a hard look at ourselves during a challenging period, we recently implemented an approach for more open communication that we call "straight talk."
Being an entrepreneur sounds glamorous, but the reality is far from it. Everyone has the vision and desire for grand successes but not everyone has the stomach for it. The journey of an entrepreneur is filled with obstacles that can only be overcome with limitless passion...