tesco

Can Too Much Innovation Depress Sales? Tesco Says Yes

More old news from the realm of over-innovation: Tesco is blaming it for depressing sales. The giant, but troubled, British supermarket chain is to jettison almost one-third of its immense product line to reduce customer confusion and increase profitability, The Guardian newspaper reports. The retailer takes in one of every seven pounds spent in the…

how-to-get-rid-of-ring-around-the-collar

Innovation Impatience In the Here & Now

Don’t let your impatience to innovate the future blind you to the present. “Attending to the present pays dividends in two crucial ways,” says says Dr. Jeanne Liedtka, a professor at the Darden Graduate School of Business at the University of Virginia. “First, it helps broaden, and perhaps even change completely, our definition of the…

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Top 10 Posts All Entrepreneur Related

The list below shows the most visited pages on this website in 2014. Although I write about a number of issues, the most popular ones were all related to entrepreneurship. So, here are the Top 10: The Entrepreneurs Anonymous (EA) page here Gary Leyden of the NDRC on how to use the Business Model Canvas.…

IBM_7090_computer

You Cannot Shrink Your Way to Growth

We all know what a failing business looks like. The atomosphere is gone, the place looks scruffy and employees look deflated. IBM has a long and storied existence. But is it a failing business? Following earnings results this week, some media are raising the alarm. Revenues were $92.8 billion in 2013, but are down for…