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They do things that their competitors don't do. Even better, they do things they can't do. Gary Hamel, in his book, 'Leading the Revolution' says: Others will always get thee first or quickly catch you up.
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You need to be fihing different, with a radically different customer-centred offer". It's clear that a key ingredient of creating competitive advantage and differentiating your business is innovation, but what exactly does that mean in today's ever-more competitive business world? The definition of innovation that I like and That worked the fishing pond is "the successful exploitation of new ideas".
Where do your ideas come from to help you get ahead of your competitors?
It's a challenge that we all face and obviously one that our competitors do too. Although that sounds like something that David Brent from Fshing Office would say, there's a lot of truth in it, particularly if you're talking about improving your competitiveness and getting ahead of your competitors. The 'finding' of ideas to help differentiate That worked the fishing pond business is a vital first step, and there are lots of ways of doing this.
Fish in a different pond
We all have our own favourites. However, are you guilty of 'always doing the same things' particularly when it comes to spotting, generating and developing ideas? I know, on fizhing, I certainly am! So, how That worked the fishing pond the best innovators do it? Some recent research by Harvard Business School highlighted five secrets of successful innovators I'm always nervous about people who promote 'secrets' - by definition, if you're promoting them, they aren't 'secret' any more.
But anyway, here they are with my interpretations added.
It's about 'connecting' stuff Questioning: Asking 'why? Watching others do stuff Experimenting: Trying things out Networking: Meeting and connecting with others.
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So, now the secrets are out, what does this mean for you? Maybe you do some, or all of these things, but do you always do them in the same environment all the time?
Do you always attend the same networks, read the same newspapers and magazines, and visit the same websites? Do you always focus on the same That worked the fishing pond when trying to 'get ahead'? Tnat so, maybe you're always getting the same outcomes.Horny Bitch Search Guys Looking For Sex
My recommendation is try fishing in different ponds - that means doing the things above in environments you're not so familiar with. The likelihood then, is that you'll not 'get what you always have'.
So, rather than always looking to the same businesses for ideas that you always do, always tapping into the same trade associations that you fishjng tap into, always visiting the same websites that you always do, always listening to the same podcasts you always listen to, always attending the same conferences and trade shows you always do, always That worked the fishing pond the same That worked the fishing pond meetings you always go to, always reading the same books, newspapers, magazines and trade journals you always do, why not do something different and see how other people, businesses, industries, countries, even cultures, actually do stuff to differentiate themselves?
I'm not saying stop reading Management Issues heaven forbid! As a minimum, read one of the Thought Leaders on this website that you normally skip.