Vele Galovski | Profitable ARR Growth

Tag: Innovation

  • To Stretch or not to Stretch: How stretch goals can help build an innovative culture.

    The use of stretch goals is critical to building an innovative culture and driving breakthrough performance year after year. Why? You can’t drive a business breakthrough with incremental progress and modest aspirations. A sky-high goal is needed that will require an organization to invent a new solution. Even when the stretch goals are not achieved,…

  • Building an Innovative Culture: 8 Key Components

    Innovation can be built into a Corporate Culture. By incorporating eight key components, you will be able to build a highly focused, pragmatic Perpetual Innovation Machine that will help your organization continually achieve breakthrough performance. Here’s a quick rundown. 1) A sharp focus on your top business priority. Let’s face it. All of the result measures you…

  • Innovation, Benchmarking & the 5 Stages of Grieving

    92% of executives surveyed as part of the “GE Global Innovation Barometer 2012” agreed that innovation is the main lever to create a more competitive economy. Steven Johnson identifies 7 key principles that are a catalyst for innovation in his book “Where Good Ideas Come From“, 2 of which I’ve noted below: seizing existing components or…

  • Innovation and “Stealing Shamelessly”

    Creating an innovative culture starts with creating an open culture. An open culture is accepting of ideas regardless of their source – other companies, industries, people – and is willing to implement what they have learned to improve their own performance. A great illustration of this concept from the greatest innovator of our time, Steve Jobs . . . . he obviously…

  • The Difference Between Service, Satisfaction, & Loyalty

    In an attempt to create a loyal following, Leaders are often disappointed because they confuse the concepts of Service, Satisfaction, and Loyalty. While error-free service and pleasant interactions are key components to any product offering, loyal customers are the only ones that can help you grow your business (see Raising the Bar on Customer Satisfaction http://wp.me/p28Mqi-7) and create…

  • Leadership and Results Orientation

    “It’s not enough that you do your best; sometimes you have to do what is required” Winston Churchill Early in my career, whenever we communicated a probable miss in the production schedule and told our manager that we were “doing our best”, he would pull out this quote (we never missed a single unit!). “Failure is…