3 Innovative Companies That Understand How to Execute for Success

Jack Welch was the CEO of General Electric for two decades because he knew how to accomplish what he discussed above. He knew how to balance the execution of operational activities and innovative agendas. Not every business leader is able to do this, but there are a few who have. And those few have electrified […]

The Final Key to Innovation: Understanding the Law of Execution

Innovation can sometimes seem totally intangible. It’s easy enough to come up with an idea that you believe will change the world, or at least your industry. It is putting that idea into action that becomes another ballgame. Developing a real product or service that can be sold or put into practice is a daunting […]

How to Create a BHAG That Will Motivate Your Team and Drive Innovation

People with goals succeed because they know where they're going.

The ‘Dean of Personal Development’, Earl Nightingale, earned his name through the excellent advice he gave out in speeches, in his books, and on the radio. He knew how to help people succeed, and he knew that, without a goal, individuals would rarely be able to achieve this success. And this rule is no different […]

3 Big Hairy Audacious Goals That Drove Game-Changing Innovations

Success isn't a result of spontaneous combustion. You must set yourself on fire.

Arnold H. Glasow would know. An entrepreneur of the Great Depression, Glasow set the goal of making everyone in America smile. And he did. He published humor magazine after humor magazine for 60 years. In fact, he was so good at it that publications like the Chicago Tribune, Forbes, and the Wall Street Journal cited […]

Understanding the Law of the BHAG and What it Means for Innovation

Many people fail in life, not for lack of ability or brains or even courage but simply because they have never organized their energies around a goal.

Elbert Hubbard is seen as one of the great writers, philosophers, and artists of the late 1800s. Why is that? He understood that he didn’t attain that status solely because of his intelligence. He was able to share his thoughts with the world because he first set a goal to be the greatest traveling soap […]

5 Steps to Implementing a Killer Innovation Process

Innovation isn’t always pretty. It’s messy and tough, often frustrating, and sometimes even infuriating. That’s why most businesses avoid it, or only approach it haphazardly or reactively. But that’s why most businesses are most businesses. For the businesses that want to be changemakers, an innovation process is a necessity. And to accomplish it, you need […]

3 Companies That Got Their Innovation Process Wrong

Louis Boone should have included this pearl of wisdom in the university-level textbooks he wrote for marketing, business, and economics courses. His textbooks were the ones that educated many of the world’s current CEOs, CFOs, and other executives. While some of these Boone-trained business leaders are making waves with their exciting innovations, others seem to […]

Understanding the Law of Process and Its Impact on Innovation

Innovation. It’s how humankind has moved forward. It’s how civilizations have moved forward. And it’s the key to moving businesses, of any industry, forward. But the search for that key will be futile without following a clear process. That’s why I’ve listed the Law of Process as one of the 7 Immutable Laws of Innovation, […]