Author: InnoStratix
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Truth and Comedy:
The Deming Community needs a Comedian to shed some light: The stages of truth: Deming first flexed his optimization muscles during WWII. FDR retained him to help us win the war. We won, in large part because of Deming helped our manufacturers outproduce the rest of the world. After the war, we reverted right back…
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A few Definitions:
Many people believe Peter Drucker was the greatest business thinker of the 20th century. He is known for saying: “Business, because its function is to create a customer and sustain it, has only two purposes: marketing and innovation. Marketing and innovation are the only two functions that build business that sustain paying revenue. Everything else…
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Drucker’s Top 5 Questions:
To be successful as an organization, you must have thoughtful, clear answers to these questions. He used questions as tools for deep reflection and strategic planning. What is our mission? This fundamental question gets to the core purpose of an organization. It is about defining what the organization is trying to achieve and why it exists.…
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6 Mistakes to Avoid:
If you want to achieve safe, exponential, geometric, well-hedged, highly certain future success… Positioning for your business that the marketplace truly reveres… Maximum, continuous, full-range, ethical advantage… The most enriching, rewarding (financially and emotionally) lifestyle possible… To make your life and business richer, more protected and fulfilling, Consider these tips and things you should avoid: 1.…
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3 Phases of Entrepreneurship
The Three Phases of Entrepreneurship with Bryan Franklin and Jennifer Russell This is an old but goodie from the I Love Marketing podcast episode 129. If you want to Rapidly Scale: Work these phases in sequential order. Do not skip around. Work in your phase before progressing. These phases are priority. The day to day…
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Why Statistical Analysis:
The Power of Numbers: Why Statistical Analysis is Your Business Superpower In today’s data-drenched world, flying blind is not an option – unless, of course, you enjoy expensive mistakes and wild guesses? If you want to make decisions that will not come back to bite you, statistical analysis is your secret weapon. Whether you are…
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Innovation 101:
Innovation is the process of creating, improving, or applying new ideas, methods, or products to solve problems or add value. It can be something completely new or an improvement on something that already exists. Categories of Innovation: Innovation can be incremental (small improvements over time) or disruptive (completely changing an industry). People innovate by combining…
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Peter Drucker Summary:
Peter Drucker, often called the “father of modern management,” revolutionized the way organizations operate. His insights continue to shape businesses, nonprofits, and government agencies worldwide. Below are some of his most influential management philosophies: 1. Management by Objectives (MBO) One of Drucker’s most well-known concepts, MBO focuses on setting clear, measurable goals that align with…
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How to Motivate People:
Yes. There are stupid questions. This is one of them. Y? Because; It is 2025. 65 years ago a book was published called The Human Side of Enterprise, where Douglas McGregor introduced two competing management theories: X and Y. • Theory X: People are lazy and must be controlled. • Theory Y: People are naturally…