Category Archives: Strategy

A Winning Growth Strategy: Platform Thinking

The Platypus is one of the world’s most amazing creatures, with an almost impossible combination of  mammal, reptile and bird DNA and features – what other amphibious, furry animal is capable of electro-detection, poisonous stinging, laying eggs, and waddling like a duck? Platypus means “Flat Foot”.   The Platypus is nature’s Plug & Play, a prime example of Platform or “Flat

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Strategic Planning for New Ventures. Part III: The Strategic Choice Canvas

Based on your assessment of the current situation facing your startup or innovation project discussed in my last blog post, the Gut Check (including a good grasp of the past and changing conditions ahead), it is time to put your core idea and inertia through the strategy ringer, or a set of decision-making criteria that should improve your prospects for

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Strategic Planning for New Ventures. Part II: The Gut Check

In part I of this blog, I covered various views on strategy, namely the distinction between strategy as a theory for competition and strategy as the realization of goals by all means necessary.   We learned from the brilliant work of various though leaders including Porter, Christensen, Hamel, McGrath, Blank and Drucker that the formula for victory on the business battleground

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Strategic Planning for New Ventures. Part I: What the heck is strategy?

When working for a large company, I remember the arduous, but necessary process of yearly strategic planning, albeit I wasn’t personally invited to the swanky off-site or wherever “the generals gathered in their masses”. Now that I’m part of the management team of an early-stage biotech startup, I get invited to the party – yeah!   Then it dawned on me

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Just say ‘Maybe’

What the diagnostics business can teach us about innovation investment decisions.   There are easy businesses and there are hard businesses.  Then there are REALLY HARD businesses. If you ask me (and I’m living it now in my current startup, Biological Dynamics), the hardest business of all is medical diagnostics, especially for initial disease screening (is the patient healthy or

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Mind the Gap. The In-Between Disruptive Innovation Strategy

When John Osher, a serial entrepreneur, was looking to expand his SpinPop Lollypop business, he went ‘prospecting’ with his team.  They paced up and down supermarket aisles looking for gaps in product categories where they could apply their core technology, a small electric motor that would cause a consumer product to spin. During one of their prospecting missions, they noticed

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