The Committee Problem Every business has them: committees formed to tackle big challenges or make key decisions. In theory, committees should bring diverse perspectives, align stakeholders, and speed up progress.In practice? Committees often do the opposite. Instead of moving quickly, they bog down in endless meetings, watered-down decisions, and compromise that leaves no one satisfied.This dysfunction—what […]
Back to the Basics of Business In his timeless wisdom, management thinker Peter Drucker declared: “The purpose of business is to create a customer. Therefore, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.” Decades later, Drucker’s words remain more relevant than ever. […]
The Illusion of Safety In business, “safe” often feels smart. Stick to proven products. Follow the industry playbook. Avoid risks that could damage the bottom line. But here’s the paradox: in a world defined by disruption, playing it safe is the riskiest move of all. Companies that cling to the familiar eventually fall behind. Competitors innovate, […]
The Weight of What We Already Know Most leaders assume innovation is about generating new ideas. But in practice, the real challenge is escaping old ones. Jean-Jacques Rousseau said it best: “It is harder to break the chains of habit than to invent new ones.” While businesses claim to want transformation, they often cling tightly to what […]
The Absurdity of Innovation When Albert Einstein said, “If at first the idea is not absurd, then there is no hope for it,” he wasn’t joking. Many of the world’s greatest breakthroughs sounded ridiculous at first. A horseless carriage? Absurd. A light bulb that lasts for hours? Absurd. Talking to someone across the world through a small […]
