Products

Your Employer’s Biggest Fear: I’m Taking My Idea with Me

And, therein lies the terror for big companies that innovation seems to work best outside them,” says the Economist.[i] Behemoth companies try to institutionalize new thinking and doing through ‘knowledge centers’ and ‘idea factories’ as 3M, Procter & Gamble, and Rubbermaid have tried. Only one problem! These ideas sound great but don’t seem to work …

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How Do Companies Compete?

According to Treacy and Wiersma, a Brand U company competes on one of three value disciplines, specifically on operational value, product leadership, or customer intimacy. Operationally excellent companies offer middle-of-the-market products at a competitive price with the least convenience. Product-leader companies offer products that push performance boundaries while customer-intimate companies deliver products and services that …

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Pickle Wars

Pickle wars? There’s no such thing. Well, guess again! In all products and services, there is death-defying competition and innovation. Companies bet the company on a new product or service. And, these services have to be launched faster and better than your competitors. This is also happening in pickles. Vlasic Foods recently developed a three-inch …

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Disappearing Professions

Professions, such as accounting, medicine, and architecture are at a crossroads. All professional cartels are disappearing. These professions were once thought to be the road to riches or the lifetime meal ticket. No more! They’ve changed unalterably due to competitive pressures, cost pressures, social attitudes, business habits, and technology. For example, accounting is changing because …

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Dilbert is Alive and Well

Over the last several years, your employer may have downsized, restructured, rightsized, transformed, teamed, and refocused itself. This may mean different things to you. You’ve been asked to do more with less. Your friends have been fired. You’re working longer hours. Your bosses are making stupid decisions. You’re getting paid less per hour than last …

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