In the new rapidly changing economy,
there are only two kinds of innovation-based companies: THE QUICK and THE DEAD.

→ 3Ss of Winning in Business     → Surprise To Win

 References:

1. It's not the BIG and eats the SMALL... it's the FAST that eats the SLOW, Jason Jennings and Laurence Haughton

2. Every Business is a Growth Business, Ram Charan and Noel. M. Tichy

How To Think Faster Than Your Competition

To be able to think fast, you need to "understand the primary drivers of change, work at staying plugged in, constantly search for new combinations, and work on developing a sense of heightened perception."¹

The fastest companies in the world think fast because of their ability to:

• build a culture of → Creative Dissatisfaction

• see change as an opportunity

• anticipate

• spot trends

• reduce bureaucracy and barriers to change

• innovate proactively

• respond quickly and effectively to emerging challenges  >>>

• create environment that does let the best idea – regardless of origin – win

• → assess accurately and quickly the potential of new idea 

Become a greater

Business

→ Business BLISS

Search for Opportunities

Opportunity can and does exist within nearly every situation, event, proceeding, or happening. The search for opportunities is not a one time event. It is continuous and on-going. Rapidly changing new economy offers unlimited opportunities, but these changes bring opportunity to those only who can grasp it. Executives who recognize that the days of slow change are over, will find boundless new opportunities around them.  >>>

→ How To Discover Opportunities

The changes creating new opportunities for innovation can be both within your enterprise or industry and outside them... More

The Power of Your Cross-Functional Excellence

If you build broad cross-functional expertise, no idea will be wasted!

→ Master of Business Synergies

Your mind can accept only those ideas that have a frame of reference with your existing knowledge. It rejects everything else. If your knowledge is functionally focused, you'll be open to new ideas related to your functional expertise only and will miss all other learning and innovation opportunities.

If you develop a broad cross-functional expertise and passion for your work, every new idea will immediately connect with the existing knowledge and will inspire, energize you, and encourage your → entrepreneurial creativity. The broader your net is, the more fish you catch... More

→ Entrepreneurial Leader: 4 Attributes 

Idea Management

The difference between success or failure in business could be just one quickly implemented idea. Advanced ideation techniques as well as an idea management system and process can help your company make innovation a discipline. They can help make the hunt for new possibilities each and every department's business, as well as involve broader and more enthusiastic participation among managers and employees... More

→ Loose-Tight Leadership

• 'Why' questions  to discover the roots of the problem

• 'How' questions to discover different routes to significant improvement... More

→ Jack Welch's 5 Strategic Questions

 

The operative assumption today is that someone, somewhere, has a better idea; and the operative compulsion is to find out who has that better idea, learn it, and put it into action – fast.

Jack Welch GE