Even a great business model may not be enough to guarantee success of a new product. Innovations threaten the status quo, therefore they often cause fear and resistance from employees of the company and society as a whole. Beginner innovators leave this negative reaction unattended, putting the product and company at risk. However, you can overcome the fear of innovation by outreaching to...

According to David Cancel, CEO and Founder of In Drift, “it’s not the skills of the product leader, but his experience that is secondary.” Cancel believes that personal skills dominate among the important characteristics of the product leader: "We the quality, and people do not like it, because everything is very blurry." Let's talk these "blurry" characteristics. Desire to learn throughout the...

The "Blue oceans" are markets where there is no competition, but a new demand and opportunities for sustainable development and increasing profits. How to find a suitable approach to them? It is not easy for companies to achieve profitable growth in the face of tough competition. Why are some of them still able to achieve steady growth in both revenue and profit? The secret lies in the approach...

French businessman, president of Louis Vuitton Moët Hennessy group of companies, Bernard Arnault moved up to the second line of the world billionaires list, pushing Bill Gates, the founder of the American technology corporation Microsoft, down to the third place. As the Bloomberg Billionaires Index (BBI) shows, Arnault has increased his net worth to $ 107.6 billion, and Gates has $ 200 million...

Ready-to-use, brilliantly realized product seems perfect. We only see the magnificent embodiment and we only look forward to a positive experience of use. What we do not see is how much work is invested in this masterpiece. And how many people and...

European politicians are considering nominating Chairman of the Central Bank of Great Britain (Bank of England) for the post of Managing Director of the International Monetary Fund (IMF), Bloomberg reported, citing its sources. Born in Canada, Mark Carney has UK and Irish passports. If he is appointed, the almost 70 years-old tradition will remain, according to which the IMF is managed by a...

One of the deepest human needs is to feel their importance. One way to get confirmation of our importance is to hear thank-yous from colleagues. But in what form do such messages usually take? Three characteristics There are three characteristics that contribute to a stronger impact of praise, respect and recognition. 1. Directness The first element that enhances this kind of communication...

You probably heard about the 10,000 hours theory. It says that anyone can become a guru if he spends 10,000 hours doing something particular. The author of the idea, Malcolm Gladwell, relied on a research of the Swede Anders Ericsson, a professor at the University of Florida, the “grandfather” of research in the field of skills development. However, according to Ericsson, there are several...

Carlos Ghosn, former Head of the Renault-Nissan-Mitsubishi alliance is now under home detention in his luxurious apartment in Tokyo. In spite of this, the top manager of the European and Japanese automakers once again is threatened with prison. Tokyo Prosecutor's Office is preparing to initiate another, the third in a row, criminal case against him. This time, the 65-year-old Ghosn could be...