Who is responsible for drafting the Product Innovation Charter (PIC)?

Who is responsible for drafting the Product Innovation Charter (PIC)? Is a question that innovative companies have. Well, the answer is that you must have a person at the CxO level who is the individual charged with developing the PIC. Here are some examples in say a manufacturing context:

When Leverage becomes Bottleneck items in the Kraljic Risk-Value Matrix: don’t forget the service

The Kraljic Risk-Value Matrix is a great way of thinking about the B2B buying (i.e. supply management, procurement) and B2B marketing process. And its really important to remember to remember the service elements of the both leverage and bottleneck items.Why? Because the Kraljic model came about at a time where manufacturing and products was allContinue reading “When Leverage becomes Bottleneck items in the Kraljic Risk-Value Matrix: don’t forget the service”

Sticking to your mission statement and setting up execution routines

Organizations of all types seem to be muddling through because of an inability of two purposes of management (a) Defining your mission and (b) Set up execution routines and people; that deliver that mission.

Lessons learnt: Internal Organizational Culture and the CMO- Joel Ewanick ousted at GM

The Chief Marketing Officer (CMO) is outwardly focused always looking at the market and customers- right? Wrong if you see the recent ouster of Joel Ewanick the CMO at GM

From Strategy to Execution via Website: the Power of Web Analytics

As Web Analytics evolves (see earlier post) the possibility of organizations to map website—>organizational structure—> strategy —-> to execution via website analytics is an enormous opportunity. And this applies to the mission of the organization, its functions including Marketing, Investor Relations, Supplier Relations to Employee Relations. Here is how: Websites are becoming better with moreContinue reading “From Strategy to Execution via Website: the Power of Web Analytics”

May Jobs Report: What can college students do?

The May jobs report is devastating. It's estimated that over half the graduating class of 2012 will not have jobs. Yes the economy is slow, it's slowing in emerging markets as well besides Europe that seems very bad. However, those US  students who are entering college in the fall need to consider the following things:Continue reading “May Jobs Report: What can college students do?”

Innovation and creativity: comes from engaged and caring employees

Numerous organizations in a variety of cultures keep pointing at one critical enabler of innovation. Engaged and caring employees who care for each other, their customers, suppliers and stake holders. For only those who care,care to really listen.  And that converts  ideas into products and services- that can be profitably implemented. Employee engagement is hardContinue reading “Innovation and creativity: comes from engaged and caring employees”

No change in the ecosystem : why losers win in contested corporate mergers

When corporate mergers are contested i.e. there are two competing suitors for a target company and there is a bidding war, the loser actually wins says recent research according to Stephen Gandel in CNN Money. That's because the bidder organization that lost did not have to deal with making the merger work, the execution challengeContinue reading “No change in the ecosystem : why losers win in contested corporate mergers”

Why does innovation create jobs?

An earlier post on how innovation create jobs is rather popular. However,people seem to have questions about the “why” in the link of innovation and jobs. Why should creating a new product or service result in new jobs?Where in the process of innovation are these jobs created?

Organizational bases of power: what’s up and what’s down with the Internet ?

"Power" in distribution channels is a fascinating topic and so is the notion of organizational power on which Jeffery Pfeffer had a book out that this blog discussed in an earlier post. But this post is about the six bases of power (see the lower part of the Wikipedia page)  that seem to be changingContinue reading “Organizational bases of power: what’s up and what’s down with the Internet ?”