1. Always be prepared to close down activity in
favor of more lucrative customer-centric programs.
2. Create a framework to evaluate all your activities that rates them
on (a) financial ROI and (b) member value. Use it to assess all your
programs.
3. Interview other leaders to determine what programs they run which
are worth replicating in your company.
4. Conduct a communication campaign for your board that explains how
you generate customer value and financial growth.
5. For every existing program brainstorm five ways you can make it more
valuable to your customers and another five ways to increase the profit
it generates. Pick those that satisfy both and implement.
6. Transfer the practices from your most successful program to the
others. Make this a habit.
7. Practice stating and explaining how you operate to achieve the best
possible results in both customer value and financial growth. Start
with your family - force yourself to speak in lay terms to start. Then
progressively explain to more and more sophisticated stakeholders.
8. Embark on an organization-wide program of continuous improvement.
9. When forced to take on a program that is less than optimal, find
ways to drive it toward customer value and financial growth.
10. Convene a group of thought leaders to dream up and design the best
possible set of offerings to place your organization at the forefront
of its field in both value provision and financial growth.
_____________________________________________
My
next book, Getting
Innovation Right: How Leaders Create Inflection Points that Drive
Success in the Marketplace, is available for advance purchase on
Amazon now. Order it now and send proof of your purchase to GIRadvance@gmail.com and I will
send you some goodies in the weeks ahead, only available to those
who preorder.
These will include invitations to participate in 2 teleseminars on
innovation and links to the recordings, as well as a special pdf
workbook based upon the material in the book. The content will be new,
original, and not available in the book.
If you book conferences, contact me for a special deal in 2013 - I will
be offering copies of the book for
your audience. All arrangements to take place through my
representative, Tom
Neilssen, at BrightSightGroup.com.
"Everybody knows
you have to innovate to be a success. And you want to -- but it's
easier said than done. Getting Innovation Right is a master class in
mastering the current business landscape. Reading this book will give
you real-world examples of innovation at work, along with tested
templates for action, so you can take your creativity and drive and use
them to create exciting products and services your customers will
clamor for."
-- Daniel H. Pink, bestselling author of TO SELL IS HUMAN, DRIVE, and A
WHOLE NEW MIND
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