Earlier this week I was saw this post in The Management Tip of the Day from Harvard Business Review: Encourage Your Team to Challenge You “We’re all drawn to people who repeat back to us what we already believe. But dissent, not consensus, leads to smarter decisions. Still,…
I was invited (thanks to John Caltagirone – Director of the SVC) to the 2nd Annual Chicago Supply Chain Summit at Loyola University’s Quinlan School of Business which was sponsored by their Supply and Value Chain Center (“SVC”). Unfortunately I was only able to attend part of the…
If you are involved in introducing any kind of “change”, “innovation”, process, technology etc., you may want to spend some time at your local zoo – at the chimpanzee exhibit. In fact, you may want to take your team there for a field trip – if nothing else; it will be a good bonding experience. You may be wary of me sending you to the animal kingdom one more time (bees) but bear (no pun intended) with me. If you were to go by the ten month study being conducted at the Lincoln Park Zoo, your team may actually learn some critical lessons about the spread of innovation.
We hope you have a safe and Happy Halloween! From all of us at The Mpower Group
Who remembers the summer of 2011 when Netflix, Inc. raised its prices by 60% (“Netflix raises price of DVD and Online Movies Package by 60%” NY times 7.12.11) and lost almost one million customers? Fast forward to October 22, 2013 where Netflix reported adding 1.3 million U.S. customers just in the third quarter ( “Subscribers Fuel Netflix Stock” – WSJ) to eke out HBO by one million subscribers. In addition, its stock price is up 282% since the beginning of the year. How did they do it?
