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Bad Economy Great for Innovation?
In
a recent media conference Kyle Dancho, Stanley Black and Deckers
President of Hand Tools and Fastening said, Thirty percent
of our sales should come from products introduced in the last three
years. Thats not a perfect rule. But it keeps innovation at
the forefront.
So,
how can companies like Stanley Black and Decker continue to innovate
during tough economic times? The same way successful companies have
been doing it for years. Read
on.
Book
Review - Overloaded Circuits: Why Smart People Underperform
by Edward M. Hallowell, Harvard Business Review
"Frenzied
executives who fidget through meetings, lose track of their appointments,
and jab at the 'door close' button on the elevator aren't crazy--just
crazed. They suffer from a newly recognized neurological phenomenon
that the author, a psychiatrist, calls attention deficit trait,
or ADT. It isn't an illness; it's purely a response to the hyperkinetic
environment in which we live. But it has become epidemic in today's
organizations. When a manager is desperately trying to deal with
more input than he possibly can, the brain and body get locked into
a reverberating circuit while the brain's frontal lobes lose their
sophistication, as if vinegar were added to wine. The result is
black-and-white thinking; perspective and shades of gray disappear."
Read
on.
Contact
Us
If
you would like to know more about the Malco Design & Deliver
Group, or any of these topics, please don't hesitate to contact
us.
Contact David
Clark at David.Clark@MalcoD2group.com
or 866-204-0148
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