Dr. Jack McGourty’s Post

Many organisations mistake feature improvements for true innovation. Let's be clear: Winning an innovation award for a new app while your core business model remains unchanged is like having better entertainment on a sinking ship, just like the violin scene from the Titanic. True innovation requires: - Creating net new business models - Driving sustainable revenue growth - Transforming core operations - Building scalable solutions - Developing processes for long-term survival The hard truth: Cool apps and digital features won't save you from disruption if your fundamental business model isn't evolving. Leaders must focus on business model innovation that creates lasting value, not just surface-level improvements that make good PR. #CorporateInnovation #BusinessStrategy #Innovation #BusinessTransformation #Leadership -- Follow me for more content and insights on innovation and startup strategy.

Enhance your creative process. Improve how you improve. Boost your innovation potential. Everyone can increase their innovation potential. I am here to show you how. No matter if you work as an independent creator or within an organization. Stay ahead of the competition. Gain an edge. Great response to tomorrow's challenges is the Culture of Innovation that I have been describing lately. Learn about the pillars of Innovation Culture and DISCOVER how you can implement them today. List with links below: 🟡 Pillar 1 "Celebrating both successes and failures" here: https://lnkd.in/d7aJkmPW 🟡 Pillar 2 "Sincerely committed and natural leaders" here: https://lnkd.in/dHS7AT95 🟡 Pillar 3 "Encouraging unconventional action" here: https://lnkd.in/dGNsYTrQ 🟡 Pillar 4 "Effective communication" here: https://lnkd.in/dFdfRJ9f 🟡 Pillar 5 "Curiosity and openness" here: https://lnkd.in/df3uGyRy 🟡 Pillar 6 "Understanding towards errors and experiments" here: https://lnkd.in/dmhEC7kn If you find my posts valuable use - repost them. ♻️ If you know someone who could benefit from this knowledge, tag them in the comments. 💬 If you want to prepare for the future and innovation — follow. 🟡 #innovation #creativity #leadership #management #startups #OpenToInnovation

Are you navigating the tricky waters of innovation? “The Innovator’s Dilemma” by Clayton M. Christensen offers profound insights that can transform your approach. Here’s why this book is a must-read for business leaders: → Understanding Disruption: Christensen’s distinction between sustaining and disruptive technologies is eyeopening. → Established firms often excel at the former but falter at the latter. → CustomerCentric Pitfalls: While listening to customers is crucial, it can sometimes limit your vision. → True innovation often requires looking beyond current customer demands. → Strategic Resource Allocation: Focusing solely on profitable ventures can blindside you to disruptive opportunities. → Christensen emphasizes the need to balance resource allocation. → Importance of Timing: Early entry into emerging markets is critical. → Waiting for full market development can result in missed opportunities. → Creating Agile Units: Large organizations need separate units to pursue disruptive innovations without disrupting core operations. → This flexibility is critical to staying ahead. Why does this resonate with us? Because at our company, we specialize in guiding businesses through these challenges. Our executive-level advisory services help firms identify and seize disruptive opportunities. Let’s explore how understanding the innovator’s dilemma can position your organization for sustainable growth. Comment 'Interested' if you’d like to discuss how we can help you navigate this landscape. #BusinessDevelopment #Startup #Entrepreneurship #Productivity #PersonalBranding #Marketing #LBM #LumberMarket #Innovation #Disruption #BusinessConsulting #StrategicGrowth #Leadership #ClaytonChristensen #TheInnovatorsDilemma #AgileBusiness #EmergingMarkets #ThatLeadWellGuy

The Future is Now: Embracing an Innovation Mentality for New Leadership and Community Impact. In a world where change is the only constant, leaders must master the art of innovation. It's not merely about brainstorming new ideas; it's about igniting a spark of creativity in those around you, envisioning a future that enriches your organization, industry, and community at large. Let's explore the six pillars of a successful innovation mindset: •           Visionary Insight (See): Recognize opportunities in everything, foresee the unforeseen, and stay ahead of the curve. •           Expansive Innovation (Sow): Cultivate these opportunities with fervor, take decisive action, and courageously pave the way for growth and collaboration. •           Strategic Growth (Grow): Nurture these seeds of opportunity with an entrepreneurial spirit, maintaining strength and flexibility to build momentum. •           Purposeful Sharing (Share): Distribute these opportunities with a spirit of generosity, trusting in your ability to share success and embrace a culture that promises a lasting impact. Embracing an Innovation Mentality is a transformative journey. It's a urgent invitation for all leaders to adopt forward-thinking, fortify their insight, and attain a level of impact that resonates deeply. As you encounter new ideas or opportunities today, I challenge you to apply these principles. This is more than a mindset; it's the blueprint for NEW LEADERSHIP in our ever-evolving world. #leadership #innovation #growthmindset #creativity #entrepreneurship #communityimpact

➡️ 𝐇𝐞𝐫𝐞'𝐬 𝐚 𝐬𝐮𝐩𝐞𝐫 𝐬𝐢𝐦𝐩𝐥𝐞 𝐭𝐨𝐨𝐥 𝐭𝐨 𝐠𝐞𝐭 𝐲𝐨𝐮𝐫 𝐭𝐞𝐚𝐦𝐬 𝐭𝐡𝐢𝐧𝐤𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜𝐚𝐥𝐥𝐲... 🧠🌟🗺️ I have just read an article mentioning that 96% 𝐨𝐟 𝐥𝐞𝐚𝐝𝐞𝐫𝐬 said that they lacked strategic thinking time ⌚🤯 Running on the day-to-day hamster wheel is consuming and doesn't allow teams to sit back, reflect, and analyse whether the decisions they make: 1️⃣ Work towards the strategic direction of the company 2️⃣ Presents the business with competitive advantage 3️⃣ Are able to be effectively executed This means that sink-holes of time and money develop based on ill thought out ideas 🕳️ ...or worse...that no ideas are generated at all, making the entire business stagnant and easy to surpass 🏃💨 So, here's a tool that can be used by anyone to make sure that their ideas add strategic, competitive value. I particularly find this tool useful when managing Innovation projects to make sure that our pipeline allows us to become continuously more competitive as these projects come into fruition 🥇 The best bit...remember that lack of strategic time i mentioned❓...this tool is super easy and simple to use so it doesn't bog down decision making and makes sure you've got day-to-day operations covered 💪 𝑰𝒏𝒕𝒓𝒐𝒅𝒖𝒄𝒊𝒏𝒈 𝒕𝒉𝒆 𝑽𝑹𝑰𝑶 𝒇𝒓𝒂𝒎𝒆𝒘𝒐𝒓𝒌... 👈 Assess the following when looking at a resource or capability, or as i like to use it, a product/service: ⭐𝑽𝒂𝒍𝒖𝒆: Does your resource/capability or product/service add value to the company/your customers? ⭐𝑹𝒂𝒓𝒆: Is the resource/capability or product/service rare in the space you operate in? ⭐𝑰𝒏𝒊𝒎𝒊𝒕𝒂𝒃𝒍𝒆: Is the resource/capability or product/service difficult to imitate by competition? ⭐𝑶𝒓𝒈𝒂𝒏𝒊𝒔𝒆𝒅: Is the business organised in a way that it is able to reap the benefits of the resource/capability or product/service? If the answer to these four questions are yes, your decision is one that is likely to realise sustained competitive advantage...great work❗🥳 What other frameworks do you use to streamline and enhance your decision-making? 👇 𝐅𝐨𝐥𝐥𝐨𝐰 Ellis Woods 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐨𝐧 𝐦𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠, 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 ✅ #innovation #strategy #entrepreneurship #leadership

✅ We would love to hear your thoughts on this post. Please like, share, and comment to let us know what you think. 🧠 𝐎𝐧 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 One of the most important qualities of a great leader is the ability to communicate effectively and clearly. By communicating your vision and goals in a way that others can understand and relate to, you can inspire them to work towards achieving those goals with passion and determination. 🤘 𝗤𝘂𝗼𝘁𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗮𝘆 Winning isn't everything.. It's the only thing. - Vincent van Gogh 💡 𝗧𝗶𝗽 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗮𝘆 The Return Map: Tracking Product Teams Once time was money. Now it is more valuable than money. A McKinsey study reports that, on average, companies lose 33% of after-tax profit when they ship products six months late, as compared with losses of 3.5% when they overspend 50% on product development. More and more, advanced manufacturers are learning that the time required […] https://lnkd.in/eJANFBgY "#management #success #humanresources #careers #mindset #motivation #leadership #startups"

As an entrepreneur, the journey to building a successful business is filled with challenges, opportunities, and countless lessons.🌟In this new LinkedIn blog series, we will be sharing actionable insights and proven strategies across four key areas essential to entrepreneurial success. Building Teams That Thrive: The Entrepreneur’s Leadership Blueprint🚀👥 Every successful team starts with a compelling vision. 🌟 It’s not just about setting goals—it’s about creating a story that inspires. A clear, purpose-driven vision attracts top talent and unites your team with a shared sense of purpose. When your team knows not just what they’re working toward but why it matters, they’re motivated to give their best. 🤝 Collaboration is the secret sauce of thriving teams. Trust, open communication, and innovation are the foundation of a strong team culture. Encourage diverse ideas, celebrate achievements, and foster an environment where your team feels safe to take risks. Stronger connections spark greater creativity—and that’s where the magic happens. 🎉💡 👩💼 Effective leadership is about balancing decisiveness with empathy. Whether you inspire through vision, support with servant leadership, or adapt to challenges with flexibility, self-awareness is key. Growth-minded leaders turn challenges into stepping stones and create a resilient, motivated team. 💪✨ Finally, empower your team by letting go of control without losing sight of your vision. Delegate effectively, prioritize cultural fit, and trust your team to rise to the occasion. ✅ Remember, leadership isn’t about perfection—it’s about progress and creating an environment where everyone thrives. 🌱 💬 Have you struggled with building or leading a team? Share your experiences in the comments—I’d love to hear your story! E-Cell, IIT Bombay #Leadership #TeamBuilding #Entrepreneurship #Collaboration #GrowthMindset #BusinessLeadership #Startup #NEC2024

🚩 Are you part of the 10% with a strategy set for success? Or among the 71% struggling to recognize your strategy? 🚩 If any option you are choosing Then, According to MIT Sloan and McKinsey, these stats are ringing alarm bells. But instead of charging blindly ahead, it's time to heed the warning signs and chart a new course. Here's a roadmap to navigate the stormy seas of strategy: 1️⃣ Understand: Dive deep into the root cause of red flags. 2️⃣ Hypothesize: Craft assumptions and pilot-test them. 3️⃣ Test: Execute the pilot to validate hypotheses. 4️⃣ Track: Keep a keen eye on results and KPIs. 5️⃣ Optimize: Fine-tune your strategies for optimal outcomes. 6️⃣ Scale: Expand successful models across the organization. Remember, a strategy is only effective if understood and implemented company-wide. PS. Spot any other red flags? Let's tackle them together! Follow Shilpi Kumari for more insightful posts. #strategy #redflags #businessinsights #leadership #management #startups #successstrategy Image credit: Howie Chan

How many time you said- “That’s impossible!” in your meetings or felt the urge to say the same :) If so, then you are considered a defeatist —you will be looked at as someone who lacks vision and hinders innovation. OR— is it simply a mindset? People do not have a choice. They have to abandon the phrase "that's impossible" and embrace new possibilities. Since roughly two-thirds of businesses fear disruption, if they didn't encourage visionary thinking, they wouldn't be able to stay competitive. Stop looking at "that's impossible" as a reason to dismiss new ideas. Instead, recognize it as an opportunity to challenge the status quo and innovate. Sharpen your vision and with correct focus, the impossible becomes achievable.  ■ Only 10% of companies successfully achieve their innovation goals due to a lack of visionary thinking (Harvard Business Review). ■ 75% of executives believe their companies are at risk of disruption in the next five years (McKinsey & Company). ■ Businesses that foster a culture of innovation see a 30% higher return on investment (Boston Consulting Group). ■ 60% of startups fail due to inflexible thinking and a lack of adaptability (Forbes). #Leadership #InnovativeLeadership #VisionaryLeaders #LeadToInspire #LeadershipMindset #TransformationalLeadership #embracechange #LeadershipDevelopment #CreativeLeadership #Empowerment #Innovation #BusinessMindset #VisionaryThinking #BreakTheImpossible #EmbraceChange #DisruptToInnovate #BusinessSuccess #ChangeManagement #iworkfordell

Rethinking Innovation: Why Companies Should Prioritize Intrapreneurship Over Incubators As leaders, we're constantly seeking ways to drive innovation and stay ahead of the curve. But what if we've been looking in the wrong places? Instead of pouring resources into incubators and external partnerships, what if we tapped into the creative potential of our own employees? Intrapreneurship - the practice of empowering internal teams to develop and launch new ideas - is a powerful catalyst for growth and innovation. By giving employees the autonomy to experiment, take risks, and solve real-world problems, we can: - Unlock hidden talent and expertise - Drive organic growth and revenue streams - Foster a culture of experimentation and learning - Stay ahead of the competition with agile, adaptive solutions So, let's shift our focus from external incubators to internal innovation. Let's empower our teams to dream big, experiment boldly, and turn their ideas into reality. The future of business depends on it! #intrapreneurship #innovation #leadership #growth #employeeEmpowerment