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OUR STRATEGY ISN’T WORKING
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Our strategy doesn’t seem to be working. What’s wrong? When company and business unit leaders or product and market managers share this question with me I answer with the following question: Is it your strategy, strategy execution or both? In most cases, they don’t know, so I take them down a path of a…
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Disruption and Innovation – Two Sides of the Same Coin
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Last week, Line of Sight Group attended the Product Development Management Association (PDMA) Annual Conference in Atlanta. Line of Sight Group was also an event sponsor. This is one of the ways that we keep a pulse on the opportunities and threats faced by the industries, companies and roles that we serve. We did…
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External vs. Internal: The Difference between Strategy and Planning
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As we enter the first days of October here in Minnesota, the leaves are turning, football is back and our clients are diving deep into their strategic planning for 2017. When the concept of strategic planning arrived in the business world in the mid-1960’s, corporate leaders embraced it as “the one best way’ to…
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Disruptive Forces in Financial Services
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Competition in Financial Services has always been intense amongst industry rivals. Increasingly, firms find themselves competing with Financial Technology (FinTech) start-ups going after a selective slice of the market with a disruptive offer. Many FinTech firms have billion dollar valuations, are flush with cash, and are leveraging low cost, cloud-based delivery models. While incumbent…
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Top Five Digital Health Trends for 2016: Disruption Can be a Game Changer if a Business Can Predict it
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According to Accenture’s report, Top Five Digital Health Trends for 2016, “Disruption can be a game changer if a business can predict it.” Here are the trends they identify and break down: Intelligent Automation – big data, digital apps and devices handle the basics allowing people resources to focus on higher value tasks Liquid…
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The Challenge of Being Different
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In a past life, I held the position of a product manager for a company that was the leader in a substantial and mature industry. As a product manager, I learned many things: First I learned that the product manager role in any organization is extremely hard work and not for the faint of…
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Profiting From Change: How Some Health Care Organizations Are Navigating Industry Chaos
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For every industry there is a ‘current state’ and a ‘future state’. The space between them is called ‘change’….and in an industry like health care, the term ‘chaos’ is more appropriate. This chaos can represent either opportunity or threat, depending on an organization’s ability to understand and respond by making the right decisions and…