PURSUING BUSINESS OPPORTNITIES. Overcoming Resistance to Change, Starting Experimentations and Moving Forward

ODBD

Discover Opportunities

Pursuing Business Opportunities

Overcome Resistance to Change, Starting Experimentations and Moving Forward – Fast!

→ COCA Principle of Achievement

EXCEED the Desired Results

"Seize opportunity by the beard, for it is bald behind." ~ Bulgarian Proverb

Different Approaches
to Organizing Opportunity Projects

>> Creating an in-company venture

>> Turning the activity over to a line function

>> Having the → CEO as its champion

>> Establishing a spin-out as an independent business

Balanced Organization: 5 Basic Elements

Leadership (Fire):

Leaders create positive change and see change as an opportunity... More

10 Commandments of Innovation

Be → Entrepreneurial

Look for opportunities everywhere and pursue them – with speed... More

Leadership-Management Synergy

Leaders: Pursue opportunities.

Managers: Reduce risks.

>> Resulting synergy: Strategic achievements... More

Act to Create More Opportunities

→ Entrepreneurial Leader: 4 Attributes

Consider all opportunities. Make the right choice. Focus on it, and take action. When you follow up on the opportunities you take responsibility and you free yourself to create more positive situations for you. Things start to happen faster when you follow up on opportunities.

Turn Opportunities To Your Advantage: 5Ws Advice

The Space and Time I-Ching System helps you forecast events through the use of the date, time, and Five Elements – Earth, Water, Fire, Air, and Space. Unlike many other methods of forecasting, Space and Time I-Ching System does not simply foretell future events, but also helps you turn opportunities to your advantage by offering sound 5Ws advice... More

Timing Is Everything

Timing is everything. You have to know not only how to make a move, but when. “The value of actions lies in their timing,” said Lao Tzu. Customer value derives from timely delivery. Change is unavoidable, but if you can anticipate it and understand business cycles, you can ride with change instead of being run over... More

→ 3Ss of Winning in Business

SWOT Analysis – a Balanced Perspective

Strengths – Weaknesses – Opportunities – Threats (SWOT) analysis helps you balance idealism and pragmatism, and obtain a balanced perspective of your internal strengths and weaknesses and external opportunities and threats to develop an effective strategy... More

→ Learning SWOT Questions

New Technology Development: Dealing With the Fuzzy Front End

Focus on opportunity, not financial returns. Money isn't everything. Measuring return, risk, and investment solely in terms of dollars is a mistake. Capabilities grow through use, and how fast they grow is critical to your success. Jump into the market before the financial returns meet your requirements.... More

Managing Innovation vs. Managing Operations

Innovation is a learning process, the product of which is new applied knowledge. Operations is an established process driven by existing knowledge. The primary difference between operations and innovation is uncertainty. It eludes planning, prediction and containment... More

Energize Employees

You need energized people - people, who want to come to work, are excited about doing their best, every single day - to pursue opportunities successfully. "What energizes people is the broader horizon, the excitement of new challenges and big opportunities. When their leaders offer this excitement, people come alive."²... More

Best Practice Strategic Problem Solving Lessons from McKinsey

Pluck the Low-hanging Fruit

Sometimes in the middle of the problem-solving process, opportunities arise to get an easy win, to make immediate improvements, even before the overall problem has been solved.

Seize those opportunities! They create little victories for you and your team. They boost morale and give you added credibility by showing anybody who may be watching that you’re on the ball and mean business... More