The 5 Jobs to Address Uncertainty

The 5 Jobs to Address Uncertainty

The increased complexity and endless disruptions of the modern world brought on by the transition to the digital age means uncertainty is everywhere. All across our businesses, we face new challenges, as what used to work no longer achieves desired outcomes. The self-awareness of admitting what we don’t know is the first step toward figuring out new best practices. Fundamentally, people must act differently in the face of uncertainty. Businesses need to adopt learning strategies in order to improve, adapt, or even reinvent their execution strategies.

Toward a New Horizon Model

Toward a New Horizon Model

The horizon model originally came from the book The Alchemy of Growth by Stephen Coley, Mehrdad Baghai, David White. The purpose for the model was to help businesses think about their need to develop new revenue sources over time. Near term, you must protect your existing revenue sources and if possible, even extend them. But at the same time, you must consider products or markets that are in decline and how you might replace that revenue. The trick is, you have to start building the replacements today in order to realize the revenue in the future.

Toward Better Innovation

Toward Better Innovation

Most big companies think technology when thinking about innovation, regardless of whether or not they’re technology companies. Startups are often considered to be de facto innovators, but is that the case? Marketing tends to have their own way of talking about innovation. Is there any Fortune 500 company that doesn’t talk about their innovation capabilities in their About Us section of their website?

Success and Failure — San Diego Startup Community

Success and Failure — San Diego Startup Community

With Brad Feld coming to town this week, I think it’s a good time to evaluate the state of San Diego’s Startup Community. If you don’t know Brad, you should take a few minutes to learn more about him. He is an entrepreneur turned investor, a co-founder of the TechStars accelerator program, a prolific author and a community builder. Last year he published Startup Communities: Building an Entrepreneurial Ecosystem in Your City, which explores the ingredients necessary to have a thriving startup scene. The challenges Brad discusses are spot on and I highly recommend the book.
I first met Brad in the Fall of 2010, when he and TechStars co-founder David Cohen came to San Diego as part of their Do More Faster book tour. San Diego didn’t represent; it was a pitiful showing. Brad told the audience San Diego was 10 years away from having a solid startup ecosystem and he challenged, “who in the audience is committed to leading the effort for 10 years?” A few hands raised up, some by those merely seeking affirmation and the chance to pitch Brad on their failing startup. (When Andrew Beinbrink and I pressed those after the meeting to join us in building San Diego Tech Founders, they evaporated faster than dollars in a freemium business model.)