Entrepreneurship

Disruptive Innovation Borders

7 Lessons From How Borders Group Failed To Unsettle Disruption

And how companies should take the competition seriously and be willing to make changes when necessary. Falling off a perch is not a pleasant feeling for an individual or a company. However, falling is a trait among warriors, and rising after a fall is a hobby for champions. For this to happen, an individual or a company needs to be sitting right up to the pile of all other competitors for several years to lose track and fall so hard that the company usually ends up in a bankruptcy file. I love bookstores, and visiting Borders at its time was

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Seven Stunning Lessons From How Toys “R” Us Failed To Handled Disruption

Why do some companies not see disruption coming while others harness the power of disruptive innovation? I remember my first visit to a Toys “R” Us store in New York. I was impressed with their product endcaps, massive inventory, and spectrum of merchandise. In the end, nostalgia couldn’t save them. Instead, the once-mighty retailer struggled to keep up with changing consumer trends, environment, and technology. As a result, the company lost $2.4 billion in 2017 and filed for bankruptcy in September 2018. Like Toys “R” Us, Blockbuster, and many other entrepreneurs, we see more companies missing the disruptive innovation opportunity

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Seven Surprising Lessons From How Blockbuster Failed To Handled Disruption

A cautionary tale of a business that failed to identify that they were being disrupted “Success is a lousy teacher. It makes smart people think they can’t lose.” –Bill Gates Falling off a perch is not a pleasant feeling for an individual or a company. However, falling is a trait among warriors, and rising after a fall is a champion’s hobby. For this to happen, an individual or a company needs to be sitting right up to the pile of all other competitors for several years to lose track and fall so hard that the company usually ends up in

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Unsettled Disruption Award Winning Book

Maincrest Media Book Award For Unsettled Disruption: Step-by-Step Guide for Harnessing the Evolving Path of Purpose-Driven Innovation

🥳. WOW YES, change is evolution 🪅 Unsettled Disruption has been selected for a Maincrest Media Book Award in the Entrepreneurship & Small Business category. « 𝘍𝘰𝘳 𝘦𝘯𝘵𝘳𝘦𝘱𝘳𝘦𝘯𝘦𝘶𝘳𝘴, 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘭𝘦𝘢𝘥𝘦𝘳𝘴 𝘢𝘯𝘥 𝘰𝘳𝘨𝘢𝘯𝘪𝘻𝘢𝘵𝘪𝘰𝘯𝘴 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘵𝘰 𝘳𝘦𝘥𝘦𝘧𝘪𝘯𝘦 𝘵𝘩𝘦𝘪𝘳 𝘤𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘢𝘤𝘦 𝘰𝘧 𝘶𝘯𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘵𝘪𝘮𝘦𝘴, 𝘜𝘯𝘴𝘦𝘵𝘵𝘭𝘦𝘥 𝘋𝘪𝘴𝘳𝘶𝘱𝘵𝘪𝘰𝘯 𝘴𝘩𝘰𝘶𝘭𝘥 𝘣𝘦 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘥 𝘳𝘦𝘢𝘥𝘪𝘯𝘨 𝘵𝘰 𝘦𝘯𝘴𝘶𝘳𝘦 𝘢 𝘴𝘮𝘰𝘰𝘵𝘩 𝘢𝘯𝘥 𝘴𝘦𝘢𝘮𝘭𝘦𝘴𝘴 𝘵𝘳𝘢𝘯𝘴𝘪𝘵𝘪𝘰𝘯. » 𝐂𝐑𝐈𝐓𝐄𝐑𝐈𝐀 CONTENT: The content of the book is factually accurate, well-thought-out, and well-researched. The information contained in the book will enhance a reader’s understanding of the book’s topic. ORIGINALITY: The author has a clear purpose for writing the book and presents new, original ideas, research, information, or

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Why All The Innovation Fuss About Ideas. Innovation Requires Much More Than That

While some make no distinction between good ideas and innovation, there are several pit stops in an entrepreneurship journey. Global and local markets are becoming highly saturated and volatile. This increased competition and changes in consumer behavior have pushed businesses to innovate within their realm. Yet, when talking about finding ways to make a difference, most companies believe that the answer to innovation lies in brainstorming more ideas. According to the Massachusetts Institute Technology experts, innovation can be defined as the “process of taking an idea from inception impact.” While simplistic, this definition truly captures the gist of innovation and helps differentiate

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Top 3 Techniques to Develop Your Storytelling Skills

At seven years old, I wrote my first story, a 2-page guide for my little brother to teach him the ABC. At 14 years old, I crafted my teenage fears and adventures in a journal with the dream that it may become a book one day. Then, I enjoy reading too many stories from fantastic authors. Since I got my first computer, I keep a folder crafting ideas and fragments of my personal and work experiences. Then, two years ago, I started a compelling routine of not only drafting a few words on a journal every day but giving them

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Out of ideas? 3 Proven Tips To Unleash Your Creativity To The Next Level

It was a dusky afternoon. I was having a coffee with my friend, and we were discussing my next innovation project. The challenge was how we could improve the in-store user experience by connecting online and offline worlds. It was 2007, and at that time, Amazon Go was nowhere on the map. I was excited to share what was on my mind — the Amazon-like experience of combining physical and digital elements to enhance user experience phenomenally by using smartphones. I rambled on with the details, describing some loose ends and unrealistic goals with the project that our team had thought

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Entrepreneurship-Journey

The Top Three Tips to Jump-Start Your Entrepreneurship Journey

Kick-off to start from today, and be ready to fail, iterate, and repeat. I remember our first mentee call with Joe. He was enthusiastic; he had been dreaming about starting his own business for years. He had a lot of ideas to tell and was quite proud of his creativity flow. Belonging to an engineering background, he described solutions using blockchain, augmented reality, and Artificial Intelligence. I appreciated him for his imagination and enthusiasm. It was a good sign. I then asked him to tell me the problems that he was solving with all these solutions. He was stopped short at that. Silence

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Fixed Vs. Growth Mindset – power up your innovation potential to outsmart the hare as the tortoise did

Do you remember the famous fable of “The Hare and the Tortoise” [1]? How the hare, being naturally born faster, lost a won battle from the tortoise and set an example for the world to make conflicting interpretations? As children, “The Tortoise and the Hare” fable has always been one of my favorites. But there is still a lesson in that story that I didn’t grasp completely, or maybe I did—the prominent portrayal of the growth mindset. If the tortoise were anywhere like most of us, he would have instantly thought, “I’m too slow to win the race with the

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Five companies you ought to know that harness innovation by starting with why

COVID-19 pandemic has forced the world towards advancement. Businesses that abide by it are progressing despite the imposed restrictions, while others are paying no heed to the survival requisites have met their fate -shut down. In straightforward terms, for businesses to stay in the market if not the same as they were, they have to adopt an in-depth transformation, including digitalization, value chain disruption, and increased customer focus. Although that alone is not enough, this is becoming the basic requirements of the current time. ” Very few people or companies can clearly articulate WHY they do WHAT they do. By

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