Innovation as Emergent Strategy

One of our favorite writers on strategy is Henry Mintzberg. He is an academic and is co-author of one of the major textbooks on strategy, The Strategy Process. But he is also a gadfly with a real sense of humor. In fact, one of his recent books, Strategy Bites Back, has a photo of a shark ready to bite any strategist that takes him or herself too seriously. In a number of his books, Mintzberg uses a graph similar to this one.  Read more

IC and Manufacturing

For a long time, intangible capital has been seen as some abstract and theoretical concept. Indeed, many people call it intellectual capital (here’s why we don’t use the term intellectual capital). But I spend a lot of my day every day refuting this. Intangible capital is very real and very practical. It drives how and why businesses get paid by their customers.

There were two great explanations of the practical side of IC in discussions of manufacturing in the past week. Read more