The challenge most organizations face is not generating new ideas, it’s being able to develop, test and implement those ideas quickly. And there is no greater threat to exploring new ideas than the dreaded Institutional No”.

The “Institutional No” is the realization that most organizations default to “no” when contemplating new ideas. Within an organization it is often far easier to resist a new idea than it is to embrace it. Just think about the last time you pitched a new idea internally — instead of “why wouldn’t we do this?” …

If you don’t think that you’re a technology company, bad things are probably about to happen to your business — like Netflix disrupting Blockbuster bad. You’ll never see disruption coming. Worse yet, you wont be expecting it.

Here is a really scary statistic: only 72% of Fortune 500 CEOs said they were concerned about the rapid pace of technological innovation. I’m afraid for those other 28% who believe technology isn’t about to siege war on their business.

Why?

Every single company is a technology company.

In today’s economy and landscape, every single company — irrespective of industry, size or age — must operate as if it was…

Last week Unilever announced it would be paying $1 billion to acquire Dollar Shave Club, the edgy startup that pioneered direct-to-consumer shaving subscriptions for as little as $3 per month.

Dollar Shave Club launched in 2012 with a viral hit video that lead to 12,000 new orders in the first 48 hours — crashing the company’s servers in the first hours the ad was live.

Dollar Shave Club’s 2012 viral YouTube video

A completely disruptive business model

What should make every company in every industry sit up and take notice is the fact that Dollar Shave Club doesn’t own a factory, outsources its logistics and…

Paul Natland

Serial entrepreneur & co-founder at Output.co. Helping entrepreneurs & organizations discover, prototype, validate & implement ideas quickly. Love coffee!

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