Monthly Archives: June 2017

Good Money, Bad Money

The basic idea of good money and bad money is that the type of money a manager accepts carries specific expectations that must be met. These expectations heavily influence the types of markets and channels that a venture can and cannot target. The very process of securing funding forces many potentially disruptive ideas to get shaped instead as sustaining innovations that target large and obvious markets. Thus, the funding received can send great ideas on a march towards failure.

As emergent ideas are being nurtured during nascent years, money must be patient for growth but impatient for profits.

When winning strategies become clear and deliberate ideas need to be carried out then money should be impatient for growth but patient for profit.

  • Clayton Christensen, Disruptive Strategy, HBX
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Savvy Sunday June 11, 2017

fly fishing

“You don’t convince people by challenging their longest and most firmly held opinions. You find common ground and work from there. Or you look for leverage to make them listen. Or you create an alternative with so much support from other people that the opposition voluntarily abandons its views and joins your camp.”
— Ryan Holiday, The Obstacle Is the Way

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Savvy Saturday June 3, 2017

“Leaders often believe their organization is capable of doing anything. In reality, organizations often fail because they force new innovations through their existing resources, processes, and profit formula.”

Clayton Christensen – Disruptive Strategy, Harvard.

I am 50% through this course with Christensen and I was thrilled to study this section of the course talking about how organizations should plan and choose what they say YES and NO to.  This theory is central to my management style (things should be simple but no simpler) and my usual contribution when executives are planning projects and future actions. – EMC

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