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Best Business Thinking


Today's best thinking on leadership, innovation, creativity, and quality service.

Innovation

Ernst & Young Center for Business Innovation

New knowledge, insights, and frameworks for management. Purpose is to discover and develop innovations in strategy, people, process, and technology that deliver high value to business. Be sure to check out their journal, Perspectives on Business Innovation.

The Circle of Innovation by Tom Peters

Over the top but ahead of its time. "Make innovation a top-line obsession!" Tom suggests "organized forgetting," "make every job a business," "create waves of lust," and "live out loud."

E-conomics

New Rules for the New Economy by Kevin Kelly

The tricks of the intangible trade will become the tricks of your trade. As the world of chips and glass fibers and wireless waves goes, so goes the rest of the world. Technology is the campfire around which we gather. The central economic imperative of the network economy is to amplify relationships. When information is plentiful, peers take over. The network economy is founded on technology, but can only be built on relationships; it starts with chips and ends with trust.

Leadership

Working with Emtional Intelligence by Daniel Goleman

Emotional Intelligence (EI) refers to the capacity for recognizing our own feelings and those of others, for motivating ourselves, and for managing emotions in us and in our relationships. EI describes abilities distinct from, but complementary to, academic intelligence or the purely cognitive capacities measured by IQ.

Learning

eLearning, the Future of Corporate Learning by Internet Time Group

"eLearning" is a model for what corporate training can become in the next three to five years. It is the convergence of: (1) a vision of loosely organized corporate ecologies, a business climate of permanent white water, breathtaking advances in technology, high-speed broadband networks, and a shift of power and responsibility from organizations to individuals and (2) today's emergent best practices, from performance support through training to knowledge management. As novelist William Gibson observes, "The future's already arrived; it's just not evenly distributed yet." (Disclaimer: I wrote this.)

Internet Time Group

Service

Discovering the Soul of Service: The Nine Drivers of Sustainable Business Success by Leonard L. Berry

Len Berry directs the Center for Retailing Studies at Texas A & M University and is America's leading thinker on customer service. His books are packed with compelling case studies and "how to" advice. Several years ago I was blown away by the quality of his annual symposium, shooting the breeze with top executives from WalMart, CompUSA, Radio Shack, Barnes & Noble, and PetSmart. For building a service strategy around the principles of reliability, surprise, recovery, and fairness, see Berry's prior book, On Great Service.

What Matters

Drucker, as usual, is way ahead of the pack. My excerpts from a Forbes ASAP article (and now reflected in his Management Practices for the 21st Century).

drucker

one doesn't "manage" people. you lead them. the way one maximizes their performance is by capitalizing on their strengths and their knowledge rather than force them into molds.

increasing, managing people is a marketing job. marketing doesn't start by asking, "what do we want?" rather, it asks what the other party wants.

once companies competed within an industry. now industries compete with industries.

the customer never buys what the supplier sells. value to the customer is always something fundamentally different from what is value or quality to the supplier.

Non-customers are as important as customers, if not more important: because they are potential customers.

neither technology nor end-use are foundations for management policy. the foundations must be customer values.

four entrepreneurial activities nec. in all firms. note that they start outside the organization.

· organized abandonment of products, services, processes, markets, channels, etc that are no longer an optimal allocation of resources.

· organize for systematic, continuing improvement (kaizen)

· organize for systematic and continuous exploitation, especially of its successes

· organize systematic innovation

when it comes to outside data, we are still very largely in the anecdotal stage. the main challenge to information technology in the next 30 years will be organizing the systematic supply of meaningful outside information.

the function of management is to organize the resources of the organization for results outside the organization.


Links

Innovation

http://www.businessinnovation.ey.com/center/centerf.html

http://www.businessedge.net/tompeters/index.htm

Learning

http://www.jaycross.com/itimegroup/elearn.htm

Comprehensive collection of links to learning, knowledge management, collaboration

http://www.jaycross.com/jayhoo/learning.htm

E-conomics

http://www.wired.com/wired/archive/5.09/newrules.html?topic=&topic_set=

Leadership

http://ei.haygroup.com/products_and_services/

http://ei.haygroup.com/about_ei/

Service

http://www.crstamu.org/

 




Internet Time Group
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