Strategy, innovation and openness to change…
- Scott Anthony, Solving the ‘More with Less’ Problem:
And after decades of continuous improvement programs, most companies don’t have much fat to trim.
Really? Most companies don’t even have an idea what fat is, not to mention an idea of where to find it or how to productively trim it. Perhaps instead of trimming the fat they need to cut out the bone.
Most companies have been “continuously improving” the wrong things; but why?
- Prince Campbell, Art, Rocks and Obama (Or how to live in the age of the perpetual remix):
…The rules we created in the 20th Century are now practically archaic. And when you attempt to use them on 21st Century situations they sound ridiculous to current sensibilities.
Everything introduced to the public will be remixed and used in purposes that is only limited by imagination.
It’s the age we live in.
You have to accept that you never know where things will end up.
- In an environment where the foundations of our economies are constantly shifting, perhaps the greatest opportunity is to experiment with the basic foundations of organizations.
I’ll explain more later, but start with this thought from Michael Lewkowitz on The proprietary/open balance in startup mode:
I believe in the principles and power of peer-production but am finding it a constant tension as we build the for-profit startup. A big part of that I’m sure is my experiential conditioning. What’s been most recently tested is how much of our business strategy and development plans should be in the public domain.
… As I’ve sat with it now for a couple of days, I’m actually questioning what if anything should be kept private. It comes down to speed of execution and I also think that the more broader the engagement the greater defensibility we have – provided we execute. If people are a part of it, they’ll rally to support it.
What do you think? Is there anything that should be kept private? Why? What are the risks? What are the benefits?
Right now I’m feeling ready to open everything up and push this experiment even further.
Can business strategy be created in the open?
Should a startup discuss and debate key strategical decisions in the open?
What could be possible if we did?
There’s only one way to find out.
—
Related: The Mark Cuban Stimulus Plan – Open Source Funding:
… I was looking for an idea that hopefully could inspire people to create businesses that could quickly become self funding. Businesses that just needed a jump start to get the ball rolling and create jobs. Im a big believer that entrepreneurs will lead us out of this mess. I just needed a way to help.
So here it is. Some people will love it, some will hate it. It is what it is.
You must post your business plan here on my blog where I expect other people can and will comment on it. I also expect that other people will steal the idea and use it elsewhere. That is the idea. Call this an open source funding environment.
