Tag Archives: New Ventures

Enter The Dragon

Enter The Dragon was a landmark movie in many ways – It was the first Hollywood-Asian Kung-Fu production, it was Bruce Lee’s last completed movie (he died weeks before the official release), and it featured a never before seen diverse cast of heroes including Bruce, John Saxon and Jim Kelly.   After Enter The Dragon, everyone was Kung-Fu fighting.  The movie

Read more

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

Read more

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

Read more

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

Read more