When I was running the Innovations Project, I had the opportunity to speak to various business groups, inventors, and economic development organizations. My opening line in my presentation was, “Ideas are a dime a dozen – people who put them into action are worth millions.” At Innovations, we looked at thousands of inventions, product ideas,…
Month: April 2021
Learning When to Hold ’em and When to Fold ’em
Emotion is a funny thing when it comes to business. Emotion can drive an entrepreneur to overcome tremendous obstacles and succeed, and it can cause bone-headed decisions leading to failure. Generally speaking, business decisions are much better when made without emotion. Successfully playing poker is an excellent example of decision-making without emotion. Winning or losing…
Market Focused Planning
When I was with the International Centre for Agriculture Technology and Science, we coined a phrase with the help of Dr. Roger Moore called Market-Focused Planning. This term applied to a thought process we developed to guide strategic planning away from self-centered navel-gazing to focusing on how our most significant strengths would be perceived by…