STEVE JOBS ON WHY XEROX FAILED
(AS WELL AS OTHER BIG COMPANIES)
HARVARD BUSINESS REVIEW ON
BLUE OCEAN STRATEGY
BUSINESS AS USUAL IS NOT AN OPTION . . .
        PARADIGM SHIFTS
  • Major firms are falling to paradigm shifts with increasingly shorter lifespans.
  • The rate of change is accelerating with new technology and business models.
  • Competing in Red Ocean markets, with declining margins, is a losing game.
  • Innovation strategies are used to create uncontested Blue Ocean markets.
    Contact LCGadvantage to develop Blue Ocean strategies
        DESIGN THINKING
  • Innovative products/services require a thorough understanding of hidden
    customer needs that traditional market research techniques fail to identify.
  • Observational and ethnographic research of customers in real life situations
    uncover those hidden unmet needs and new business opportunities.
  • Reframing those needs by understanding base motivations breaks existing
    restrictive paradigms and opens minds to truly disruptive innovation
        STRATEGIC EXECUTION
  • Lean Startup rapidly and inexpensively tests proposed products and business models with markets to assess acceptance and needed changes or pivots.
  • Pivots can involve markets, channels, value capture, technology, platforms, etc. Such pivots were the key to success for many multi-billion-dollar firms.
  • Agile provides a reliable pipeline for continuous development of products or services with higher quality, less risk and a greater capability for change.
        ORGANIZATIONAL DEVELOPMENT
  • Organizations should conduct SWOT analysis to identify strategic business needs, then drill down to objectives and value drivers, followed by current state/future state capability analysis to facilitate organizational redesign.
  • Training deployment strategy identifies knowledge gaps, course offerings, training materials, interactive exercises, exams, coaching, certifications and pre/post training performance metrics for employees to meet new challenges.
        CONTINUOUS IMPROVEMENT
  • Lean is used across all manufacturing and transactional operations to identify
    and address wastes and inefficient flows to improve costs and performance.
  • Six Sigma applies statistcal analysis to identify root causes of variations and
    defects in products or service operations and implement effective solutions.

STRATEGY - DESIGN THINKING - LEAN START-UP - AGILE DESIGN - LEAN - SIX SIGMA - TOC - DFSS

STRATEGIC PLANNING - BUSINESS PROCESS TRANSFORMATION - ORGANIZATIONAL REDESIGN - CHANGE MANAGEMENT COURSE DESIGN & DEPLOYMENT - INNOVATION BOOT CAMPS - KAIZEN EVENTS - PROJECT MANAGEMENT - COACHING
KANO & CONJOINT MARKET ANALYSIS - ETHNOGRAPHIC RESEARCH - PREDICTIVE ANALYTICS - COMPUTER MODELING
ERIC REIS ON MAKING PIVOTS
(THE SECRET TO SUCCESS)