business strategy

Jul 12, 2011

Driving Innovation in Your Organization – The Four Ps of Innovation

Michael Mitchell is president of a Chicago-based Mitchell Innovation + Research. As a consultant in innovation and market research for top corporations, he has had a lot of experience determining what prevents companies from becoming more effective innovators.

In a recent white paper written for the American Management Association, Mitchell identifies four key conditions a company must put in place to achieve results from their innovation efforts. He calls them “The 4 Ps of Innovation”: Priority, Plan, People and Process.

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By Ken Tencer

Category: Innovation, Spyder Works

Tags: business strategy, ideation process, innovation culture, innovation process, innovation strategy, the 90% rule

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Jan 11, 2011

Wisepreneur: An Interview with Ken Tencer

An interview with Ken Tencer by Calvin Bacon, originally published on www.wisepreneur.com.

After reading The 90% Rule, Wisepreneur writer Calvin Bacon had a few questions for innovation expert and author Ken Tencer. Here are the questions followed by Mr. Tencer’s answers.

Calvin: You use the word “audacity” several times throughout The 90% Rule when you discuss entrepreneurial thinking. Is this similar to the risk-taking characteristic that many people think of when speaking about entrepreneurship?

Ken: The definition of audacity centers around the willingness to challenge assumptions and conventions. So, it is not about risk-taking; it is about refusing to accept “what is” as a given. I think that this is the essence of the entrepreneur, “pushing to create a new, better reality”. Without this essential quality of entrepreneurship, we’d be short more than a few of our modern trappings like cars, planes and, of course, Blackberries.

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By Ken Tencer

Category: Entrepreneurship

Tags: business strategy, challenge assumptions, disruptive innovation, entrepreneurial thinking, innovation process, interview, market competition, the 90% rule

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Nov 1, 2010

Stractical Thinking™

Stractical Thinking is the bridging of strategic and tactical thinking. It is at the heart of the processes that we follow with our clients. Why? Strategic processes on their own can leave you 30,000 feet above the ground begging an answer to the question, now what? Tactical thinking on its own, well that’s easily answered by the age old idiom … if you don’t know where you are going, you are sure to get there. More →

By Ken Tencer

Category: Business, Spyder Works

Tags: business strategy, business tactics, resource allocation

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