Showing posts with label New product development. Show all posts
Showing posts with label New product development. Show all posts

Tuesday, April 24, 2012

The Steve Jobs Way and Leadership

Illustration by Jack Unruh

Steve Jobs’s business feats were legendary long before he died in October 2011. Apple Inc., considered a niche player for much of its history, is the most valuable company in the world by market capitalization as of this writing. Most business leaders would be thrilled to achieve Jobs’s level of market success, but should they aspire to lead like him? Before doing so, they should dig into his management style. Jobs the leader was at once dynamic and controversial, and his success relied heavily on the genius of Jobs the innovator.

Many other prominent leaders leave legacies that become clear only with time; however, we can evaluate Jobs’s leadership with tremendous clarity already today. This is thanks to Walter Isaacson’s masterful, eponymous biography of the entrepreneur (Simon & Schuster, 2011), a 600-page account that rarely feels flabby or boring. Jobs pursued Isaacson, a former CEO of CNN and managing editor of Time, for five years (the first of many examples of Jobs’s persistence in the book), and then gave him a free hand (a much rarer occurrence), promising: “It’s your book. I won’t even read it.”

The leader Isaacson portrays could have illustrated the Great Man theory popular in the mid-19th century, with its heroic leaders whose decisions and sheer force of will determined the world’s course. Steve Jobs was certainly a willful and driven leader, and the products and services he directed his companies to develop and commercialize changed the way many of us live, as well as the course of a diverse set of industries, including computing, publishing, movies, music, and mobile telephony.

At the same time, Jobs’s leadership style was complex. He was intensely focused when committed, confident enough to take risky leaps, and charismatic enough to enlist legions of employees and customers in the relentless pursuit of his aspirations. He was also interpersonally immature well into his adult life: impatient, stubborn, and hypercritical, if not downright cruel at times. Jobs may have been, as Isaacson says, “the greatest business executive of our era,” but he was a mercurial, demanding, and tyrannical one. All too often he was the antithesis of the “servant leader” model popularized in the 1990s (the giving, caring organizational mentor who in many ways contrasted with the hero model of a century prior).

However, Jobs’s seemingly destructive behaviors sparked peak performance as much as they undermined it, depending on where and how he applied them. They also helped shape the unique and powerful cultures Jobs seeded — twice at Apple, as well as at NeXT and at Pixar. (And few would have predicted Pixar’s runaway success in movie animation. Certainly not the Walt Disney Company, which eventually bought Pixar to secure its hit-making abilities, an action that made Jobs Disney’s largest shareholder.) Far better than most leaders, Jobs intuitively understood the power of cultural influence in sustaining the strategic capabilities implicit in his perpetual vision of creating, as he put it, “an enduring company where people were motivated to make great products...a company that will stand for something a generation or two from now.” It’s hard to argue with that aspiration; time will tell whether Apple makes it happen.

Jobs’s volatile approach to leadership is both fascinating and perplexing. For instance, Jobs had a fickle commitment construct — he fell in and out of love with people much too easily, both personally and professionally. In his relentless pursuit of top talent, he was able to create highly skilled organizations. But he also missed the potential contribution of many people who were not yet (and perhaps never would be) so-called A players. It is surprising, however, that many of the people Jobs abandoned along the way retained a grudging respect for his positive qualities — and a few even came back for more of his particular brand of abuse. via strategy-business.com

Want to bring new products and services to market faster? Want to be more agile? Need a compelling speaker? Hire Innovation and Growth Speaker Jim Woods. Jim works confidentially with start ups, governments as well as profit and for profit enterprises.

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Jim Woods is president and founder of InnoThink Group. A global management consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Jim has over 25 years consulting experience in working with small, mid size and Fortune 1000 companies. He is a former U.S. Navy Seabee and grandfather of five. To arrange for Jim to speak at your next event or devise an effective growth strategy email or call us at 719-649-4118 for availability.james@innothinkgroup.com

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Monday, March 26, 2012

Take a Look At This Innovative TREK Kiosk for Bicycle Parts #Innovation

Unless they happen to be near a bicycle shop during business hours, bicyclists who break down are typically out of luck if they don’t already have the parts they need to make a repair. Aiming to make bike parts more accessible, two different vending machines we’ve spotted are always on hand with critical parts.

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Most recently, bike manufacturer Trek set up a prototype Trek Stop Cycling Convenience Center at the end of June, just off the bike path in Madison, Wisconsin. Located outside (and operated by) bike shop Machinery Row, the Trek Stop is a 24/7/365 convenience center for cyclists that provides access to cycling products, information and a safe place to work on a bike. The full-service vending machine is stocked with bicycle products such as spare tubes, patches, tire levers, CO2 cartridges and more, along with food and cold drinks; it also features an information center with maps, a message board and advertising space for local announcements. A covered maintenance area, meanwhile, offers a work stand, free air and even how-to videos–available at the push of a button–for those trickier repairs. 

The idea for Trek Stop was born a few years ago when a crew of industrial designers at Trek led by Mike Hammond began thinking of ways to make bicycle commuting more viable. “Motorists have it easy,” says Hammond. “Gas stations, convenience stores, auto parts stores, tow trucks–you name it. The support network for cars far outclasses cyclists. The Trek Stop aims to change that by breaking down some of the ‘worries’ attached to cycling.” While the Trek Stop is currently just in prototype form and slated to run for only another month or so, Seattle-based Aaron’s Bicycle Repair has actually had a similar vending machine in place since 2005. With items like inner tubes, flat repair items, energy bars and gel, the machine is located just outside Aaron’s for after-hours service. 

As environmental concerns and skyrocketing gas costs lead to increasing numbers of bicyclists around the globe, it’s not hard to imagine vending machines like these popping up all over–particularly in spots where there aren’t bike shops nearby. Time to get together with a bike shop or manufacturer and bring some machines to the trails near you?  via springwise.com

Jim Woods is president and founder of InnoThink Group. We are one of the very few consulting firms specialized solely in helping organizations of all sizes in all industries catalyzing top line growth through strategic innovation and hypercompetition. Email or call us at 719-649-4118 to speak at your event or devise an effective competitive advantage and innovation strategy for your organization.  Subscribe to our innovation and hypercompetition newsletter?  

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