Business Model Innovation CBA has bought a $300,000 robot to put in its innovation lab. That’s a pretty symbolic statement for a company with over 1100 branches. Estimates of the impact of Robotic Process Automation on bank branch jobs vary considerably, potentially ‘saving’ between 20% and 50% of employee’s routine processing. As with driver-less transport, […]
We used to get petrol from Service Stations. We’d pull up, stay in our cars and say “fill‘er up and can you check the oil, water and tyres please”. Not so anymore. Esso, Ampol and Golden Fleece names have disappeared too. The Big Oil Brands worked to differentiate themselves mainly through brand marketing given their […]
It doesn’t much matter which stats and odds you look at (and we’ll get to a few in a minute), business longevity is falling. At the same time there is an increasingly attractive world to employees outside our larger institutions, for employment and entrepreneurship. Capital and knowledge have become more accessible in the digital, sharing […]
It was terrible. Head office was sending strategies from the US that just weren’t working in Asia Pac. And it was like no one wanted to know what wasn’t working. People were ticking boxes, making sure they were using the rhetoric of the day. The way to get ahead was not to rock the boat […]
Garage Gigs for Growth (#1) Because so many good companies have their origins in their garages, I thought I’d have a crack at a series of 3 minute videos, my garage gigs for growth, to help organisations shift to their future, faster. These short videos will be along two key themes: Intrapreneurship and Business […]
Garage Gigs for Growth (#2) Innovation has been high on the National and Corporate agenda for the past couple of years. There has been a lot of money and resources sloshing around focused on getting new growth opportunities to fly. But just like the Birdman Rally at Moomba, some endeavours are doing better than others. […]
David and I discuss my book Xcelerate as well as disruption, business model innovation and change.
Amazon is coming to Australia It was my pleasure to be a guest of Sundo on his morning radio program, South Australia’s 5MU. Sundo’s Big Breakfast was a first for me, LIVE radio. We enjoyed talking about Amazon’s impending arrival to Australia and the disruption that may cause.
FAST-Hacks for Disruptive Strategies When Amazon decided to acquire Wholefoods and plunge into bricks and mortar food retail… When Netflix decided to invest billions in becoming a content creator instead of just a distributor… When McDonald’s Australia launched McCafe in a world first… When Starbucks moved from coffee wholesaler to retailer… When IBM moved from […]
Apart from the usual strategic fare on offer on the retro chalkboard – there is also a ‘fun’ moment when I disappear offscreen. Hey – they aren’t Garage Gigs for nuttin’. This episode of Garage Gigs for Growth helps you look at your strategy work in the context of three different approaches to growth. There’s two […]
Your strategy is lazy if it’s… More internally focused than externally leading I see too many company strategies that are straight line, incremental and focus far too much on internal improvements. Savvier are those with a great focus on their customers. But the best leaders have their eyes on the market view and what’s changing. More […]
The perilous path of perpetually plummeting prices…. ok ok – there is such a thing as tooooo much alliteration The ebbs and flows in business are leading to higher high-water marks in service and lower low-water marks on price. I ordered a journal on line two weeks ago and it took three weeks to come. […]