Monthly Archives: July 2011

Grow like (the) Amazon to Succeed – Invest outside your “core”

“It’s easier to succeed in the Amazon than on the polar tundra” Bruce Henderson, famed founder of The Boston Consulting Group, once told me.  “In the arctic resources are few, and there aren’t many ways to compete.  You are constantly depleting resources in life-or-death struggles with competitors.  Contrarily, in the Amazon there are multiple opportunities to grow, and multiple ways to compete, dramatically increasing your chances for success.  You don’t have to fight a battle of survival every day, so you can really grow.”

Today, Amazon(.com) is the place to be.  As the financial markets droop, fearful about the economy and America’s debt ceiling “crisis,” Amazon is achieving its highest valuation ever.  While the economy, and most companies, struggle to grow, Amazon is hitting record growth:

Amazon sales growth July 2011
Source: BusinessInsider.com

Sales are up 50% versus last year! The result of this impressive sales growth has been a remarkable valuation increase – comparable to Apple! 

  • Since 2009, valuation is up 5.5x
  • Over 5 years valuation is up 8x
  • Over the last decade Amazon’s value has risen 15x

How did Amazon do this?  Not by “sticking to its knitting” or being very careful to manage its “core.”  In 2001 Amazon was still largely an on-line book seller.

The company’s impressive growth has come by moving far from its “core” into new markets and new businesses – most far removed from its expertise.  Despite its “roots” and “DNA” being in U.S. books and retailing, the company has pioneered off-shore businesses and high-tech products that help customers take advantage of big trends.

Amazon’s earnings release provided insight to its fantastic growth.  Almost 50% of revenues lie outside the U.S.  Traditional retailers such as WalMart, Target, Kohl’s, Sears, etc. have struggled in foreign markets, and blamed poor performance on weak infrastructure and complex legal/tax issues.  But where competitors have seen obstacles, Amazon created opportunity to change the way customers buy, and change the industry using its game-changing technology and capabilities.  For its next move, according to Silicon Alley Insider, “Amazon is About to Invade India,” a huge retail market, in an economy growing at over 7%/year, with rising affluence and spendable income – but almost universally overlooked by most retailers due to weak infrastructure and complex distribution.

Amazon’s remarkable growth has occurred even though its “core” business of books has been declining – rather dramatically – the last decade.  Book readership declines have driven most independents, and large chains such as B. Dalton and more recently Borders, out of business. But rather than use this as an excuse for weak results, Amazon invested heavily in the trends toward digitization and mobility to launch the wildly successful Kindle e-Reader.  Today about half of all Amazon book sales are digital, creating growth where most competitors (hell-bent on trying to defend the old business) have dealt with stagnation and decline. 

Amazon did this without a background as a technology company, an electronics company, or a consumer goods company.  Additionally, Amazon invested in Kindle – and is now developing a tablet – even as these products cannibalized the historically “core” paper-based book sales.  And Amazon has pursued these market shifts, even though these new products create a significant threat to Amazon’s largest traditional suppliers – book publishers. 

Rather than trying to defend its old core business, Amazon has invested heavily in trends – even when these investments were in areas where Amazon had no history, capability or expertise!

Amazon has now followed the trends into a leading position delivering profitable “cloud” services.  Amazon Web Services (AWS) generated $500M revenue last year, is reportedly up 50% to $750M this year, and will likely hit $1B or more before next year.  In addition to simple data storage Amazon offers cloud-based Oracle database services, and even ERP (enterprise resource planning) solutions from SAP.  In cloud computing services Amazon now leads historically dominant IT services companies like Accenture, CSC, HP and Dell.  By offering solutions that fulfill the emerging trends, rather than competing head-to-head in traditional service areas, Amazon is growing dramatically and avoiding a gladiator war.  And capturing big sales and profits as the marketplace explodes.

Amazon created 5,300 U.S. jobs last quarter.  Organic revenue growth was 44%.  Cash flow increased 25%.  All because the company continued expanding into new markets, including not only new retail markets, and digital publishing, but video downloads and television streaming – including making a deal to deliver CBS shows and archive. 

Amazon’s willingness to go beyond conventional wisdom has been critical to its success.  GeekWire.com gives insight into how Amazon makes these critical resource decisions in “Jeff Bezos on Innovation” (taken from comments at a shareholder meeting June 7, 2011):

  • “you just have to place a bet.  If you place enough of those bets, and if you place them early enough, none of them are ever betting the company”
  • “By the time you are betting the company, it means you haven’t invented for too long”
  • “If you invent frequently and are willing to fail, then you never get to the point where you really need to bet the whole company”
  • “We are planting more seeds…everything we do will not work…I am never concerned about that”
  • “my mind never lets me get in a place where I think we can’t afford to take these bets”
  • “A big piece of the story we tell ourselves about who we are, is that we are willing to invent”

If you want to succeed, there are ample lessons at Amazon.  Be willing to enter new markets, be willing to experiment and learn, don’t play “bet the company” by waiting too long, and be willing to invest in trends – especially when existing competitors (and suppliers) are hesitant.

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Filed under Books, Current Affairs, Defend & Extend, eBooks, In the Rapids, Innovation, Leadership, Television, Web/Tech

Keynotes

How to innovate for new growth, explore your company’s “white space” and get a jump on the competition.

Companies today struggle to maintain dominant positions in markets that are changing faster than ever. What is the right response when doing the same thing — just faster and leaner than before — doesn’t get you much return? When focusing on your core threatens to make you irrelevant sooner? When the marketplace is changing so fast that predicting its twists and turns seems impossible?

Adam Hartung has helped companies find marketplace opportunities for more than 20 years. His insights have sparked innovation and growth in companies as diverse as Pizza Hut and DuPont, Coopers & Lybrand and Computer Sciences Corporation. Adam has been a business executive, an entrepreneur, a consultant, a speaker and an author. His book, Create Marketplace Disruption: How to Stay Ahead of the Competition, was published in 2008 by the Financial Times Press to wide acclaim.

Adam is a popular, much-sought-after public speaker. His talks show business audiences how to find the “white space” in their organizations and markets to create new opportunities that can launch businesses, create new products, and seize hidden marketplace opportunities.

Through a rich collection of case studies and stories, Adam keeps his presentation relevant and focused on your industry, your business, your marketplace. He reveals four steps to innovation that have been proven successful over and over again in a wide variety of industries. Your team and your employees will understand what it takes to turn an organization in a new direction and seize the opportunities in a turbulent market in order to launch new growth and innovation.

Speaking Topics

Topics include:

  • Beating the competition through marketplace disruption.
  • Seizing hidden marketplace opportunities.
  • The four steps to innovation management, implementation, growth and success post-2009.

What Audiences Say

As I reflected on
Adam’s comments throughout the course of the conversations, I was struck by how
he immediately challenged our thought processes in many areas such as working
from an assumption of status quo and focusing on now vs what the future might
really bring in by assessing and thinking about marketplace shifts. I thought
the process was challenging, thoughtful and provocative. And most importantly,
provided new ways of thinking that can be applied immediately across many areas.

Robert Lee, Chief Marketing & Communications Officer, ASAE


Adam presented his half-day workshop “The Phoenix Principle: Success Across
the Lifecycle” to the TEC group of CEOs that I chair. He expertly wove his own
real-world experiences with business facts and examples to convey a
thought-provoking message. The interactive session included multiple
opportunities for small group work, and Adam challenged us to identify the
trends impacting our businesses. We left the workshop focused on the future and
exhilarated by the possibilities of identifying new markets and innovating.

Trisha Huizenga, Chair of TEC 23 and 54, Faciliatate LLC


Adam both entertained and educated out conference attendees. His presentation was thought provoking and timely. He was a great addition to our conference.

Spencer Hoole, Co-chair, Summit Directors and Officers Conference 2012


Adam Hartung was one of the best speakers we have ever retained. He was a dynamic and engaging presenter and left our attendees thinking and talking about eliminating their lock-in’s and generating the white space needed to innovate. His insight was thought provoking and delivered in a way that resonated with the audience. Our meeting is targeted at C-level executives which can be a tough crowd. Adam did not disappoint!

Rene Soltis Shepherd, Senior Director Meetings and Education, The Vision Council

We invited Adam to be the keynote speaker at a recent event where we were hosting a select group of our most important customers. It was important that we impressed our customers and Adam delivered in a big way. His message was
thought provoking, entertaining, well research, clear and delivered in an energetic and engaging way. He has a real talent for distilling his message into simple and memorable take aways. Our audience was very attentive and the feedback we got after Adam’s presentation convinced us that we accomplished what we set out to do.

Greg Kadens, American Hotel Register Company

Adam spoke at a recent Cars.com strategic leadership meeting, with a focus less on inspirational rhetoric and more on a hard-headed dose of reality about what’s hard about innovation and what’s at stake. His insights encouraged us to look beyond today’s market structure and made an immediate impact on our leadership dialog and the need to allocate resources to “white-space” product development.

CEO, Cars.com

Adam’s talk was an eye opener for me. While I knew that my business would change drastically in the next few years, this was a wake up call that we needed to get in front of market demand. Defending the past was not going to help us survive. Since Adam’s talk, we have keyed in on what our customers value and have allocated time and money to pursue disruptive products and services. While I don’t know if we will be the next Apple, I am getting reactions from clients such as, “Wow! That sounds easy, like it would serve us better and cost less!” Thanks for the wake up call Adam!

Thomas Dodds, President of slashBlue

Adam is a dynamic speaker with his pulse on strategies for a fast evolving global world. His presentation fired up our teams with real world examples and exceeded our expectations. The message to prevent ‘lock-in’ to our strategies and push the envelope in new areas where we can see opportunity was perfect for our leadership conference. Everyone should read his book.

John H. Jacko Jr.
VP and Chief Marketing Officer, Kennametal Inc.

Adam presented practical, actionable viewpoints to our management team. Using a combination of examples and specific to-dos, he explained how we can avoid a lock-in mindset that has resulted in the downfall of many a company! His engaging style made it easy for our team to internalize the concepts.

Sudhakar Ramakrishna,
Corporate VP, Home — Networks Mobility, Motorola, Inc.

Adam, THANK YOU! The compliments just keep on rolling in about your presentation to our Members and guests. YOU WERE TERRIFIC and we really appreciate your time and insights!

Sandy Weissent, University of Chicago CEO roundtable

Your recent presentation to The Association for Corporate Growth CEO group was remarkable. The feedback we got from the leaders who attended was outstanding. Your researched based concepts and real world work experience challenged our members to create new success formulas for their business. I’m confident that the practical ideas you shared will be the foundation of new innovation and profitable growth for years to come. I look forward to having you come back and share more thoughts on how leaders can create significant breakthroughs in performance.

Bill Durkin, Vice Chair, Corporate Network, The Association for Corporate Growth

Just wanted to let you know that the Members and I enjoyed your presentation and found it to be insightful and impactful. We continue to discuss different aspects of your presentation and, in particular, use your “locked-in” concept… especially during these times.

Gregory C. Vrablik, The President’s Forum

Adam Hartung presented to our University of Chicago Booth School of Business’ Consulting Roundtable (CRT). His presentation focused on how to galvanize our companies and clients — insights that are valuable in any economy and urgent in this one. Whether in a tough times or good, Adam’s insights are applicable — companies, and individuals, have to be adaptable. Adam’s presentation demonstrated what makes a company adaptable, able to manage through a downturn or market shift, and enlightened us with the surprising strategies and stories of those companies. Our audience was engaged, asked many questions and the presentation was energizing — so much so that when the session was officially over, 70% of the attendees stayed an extra hour of further discussion.

Rachel Patterson, University of Chicago

It is rare that we have a speaker so engaging and so loaded with key insights that most people miss. We always pack the house when Adam speaks. He locks-in and fully engages the audience providing such relevant data that he has become a regular speaker for MENG (Marketing Executives Networking Group). Our attendees rave about Adams ability to deliver excellent content in a captivating and motivating way. I recommend Adam to anyone who wants a professional, polished speaker, who can read the audience and deliver exceptionally well!

Juli Bohm, MENG Chicago Chapter Chair and Board Member

Adam Hartung, author of “Create Marketplace Disruption”, was my guest speaker at a recent FEI Career Management Group Breakfast. Adam did an excellent job of enlightening the group on the concepts in his book, tying in current business events (eg. the GM Chapter 11 filing) and bringing topic relevance to the Finance executives in attendance. Adam conveyed his material with the authority one would expect from someone who had conducted extensive research but also with a sense of humor and engaging style that sparked many questions from the audience. Adam is the type of speaker who will make business leaders think differently about what they need to focus on and how to lead so they will have successful businesses not only today but in the future.

Ron Zoromski formerly VP of Finance with Siemens Building Technologies, Inc. and current FEI Career Management Group committee member

Adam delivered an outstanding workshop for an Executive group of the Scanlon Leadership Network member companies. Utilizing the results of over 800 case studies, Adam Hartung of Spark Partners helped our executives realize that by asking the right questions and following some new steps they can identify opportunities to grow, regardless of economic conditions. By overcoming internal Lock-ins, one can adapt to become whatever you want, and thus regain growth and future success. We asked Adam to return and present again for the Scanlon Leadership Network this time delivering the keynote address for our 46th annual conference May 11-13, 2009, in Kalamazoo, MI. See www.ScanlonLeader.org for details. Adam will also lead a whole group experiential learning process for all conference attendees. Adam is a popular speaker with a solid message and our members are excited he is returning. I also recommend Adam’s book “Create Marketplace Disruption: How to Stay Ahead of the Competition”.

Wayne Lindholm, President, Scanlon Leadership Network

Adam Hartung was a featured panelist for our event “Stump the Innovator”. Adam was an engaging panelist who demonstrated not only a mastery of innovation, but also great insights on how organizations really need to strategically re-align their operations in order to survive. Adam’s unique style lent itself to a wonderful mix of down to earth practical advice with forward thinking expertise that helped our audience grasp a realistic way in which they could impact their own business transitions.

Nancy Munro, Co-Chair of Programs and Chair Leader for Executive Education Chicago MIT Enterprise Forum

Adam opened the eyes of our MENG members to the importance of businesses consistently re-inventing themselves. His insights are innovative, thought-provoking and challenge old-world thinking. He has given much-lauded presentations to our membership and I strongly recommend him to any organization looking to be a leader in its industry.

Lisa Petrilli, Program Director, Marketing Executives Networking Group (MENG)

Adam Hartung spoke to College of DuPage’s Executive Network group about Career Success and really WOWed the audience. He was so energetic and full of information, everyone felt fulfilled. We will definitely have Adam return to speak to our group in the future.

Janeen Paul, Manager, Career Services College of DuPage

Adam Hartung presented a lively and thought-provoking session at the IMC Chicagoland March 13, 2009, meeting. Our members gave Adam rave reviews and commented on the timeliness and relevance of his topic. Overall, we were very pleased to have Adam on our Spring roster and look forward to having him back again.

Christy Erbeck, Marketing and Program Chair, Institute of Management Consultants Chicago

Adam Hartung was one of the best speakers we have had in years. His presentation definitely contributed to the success of our semi-annual membership meeting. We have received nothing but favorable comments from our attendees. Even though it had been a long morning and Adam’s presentation followed lunch – a good time for a nap or golf – no one left the room as Adam spoke. Adam’s entertaining and lively style captivated the audience, while pulling them into his material with real-life cases to which they could all relate. We offered free copies of Adam’s book to our attendees, and everyone stood in line to get their copy and speak briefly to Adam. They obviously found the presentation content valuable. Adam is very knowledgeable about his subject matter, while also being an engaging speaker. He gave our attendees thought-provoking insights to long-term success that could be applied to any market., offering them clear strategic information on how to improve growth. Adam was a pleasure to work with, and we highly recommend his presentation, especially in these tough times.

Robert H. Ecker, Executive Director, Fluid Sealing Association

First, let me recommend you strongly consider Adam Hartung’s presentation. It was very well received and valued by my two audiences – all 5’s out of 5. I believe that Adam’s presentation couldn’t come at a more opportune time. The challenging of some of our strongly held paradigms and “sacred cows” may end up being just the breakthrough some need. You want to get this man, Adam Hartung in front of your groups and engage with them in some fierce conversations.

John N. Younker, PhD, Associates In Continuous Improvement (ACI),
Vistage Chair

Thank you, thank you, thank you!! Excellent job at the FSA Spring Meeting in Savannah, Georgia. Many members came up to me and indicated you were one of the best speakers we have had at any of our meetings. Your topic was very timely and helps all of us clarify the direction we are headed as a trade association. I am so pleased we were able to get you in to talk at this event.

William V. Adams, New Business Development, Corporate Marketing, Flowserve Corporation

After seeing Adam speak at a very well-attended ACG meeting, I asked him if he would like to speak at one of our events on the spot. As the incoming President for the 2 year old Chicago Chapter of the Association for Strategic Planning, I wanted to bring in a high-impact speaker to give our members and prospective members a clear sense of the quality of value that we provide as an organization and to draw others to attend. Adam was thoroughly knowledgeable, entertaining, but best of all, very insightful and provocative – I had many people thank us for having him present and I believe it helps our image and growth plans.

Rick Kaufmann, Vice President, Middle Market Commercial Banking, Charter One Bank

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How To Grow —
Don’t Stick To Your Core

For years we have been told stick to your core to succeed. Listen to Adam’s story on how his study of 900 companies will prove that sticking to your isn’t the best strategy.

Recent Keynote Addresses

Professional Groups

  • Young Presidents’ Organization (YPO)
  • Vistage International
  • The President’s Forum
  • Institute for Management Studies (IMS)

University Groups

  • University of Chicago
  • Harvard Business School
  • Massachusetts Institute of Technology
  • University of Illinois at Chicago
  • Illinois Institute of Technology
  • Indian Institute of Technology
  • Washington University
  • Lake Forest Graduate School of Management
  • Keller Graduate School of Management

Professional Associations

  • Association for Corporate Growth
  • Association of Strategic Planners
  • American Institute of Technology Professionals
  • Association of Direct Marketers
  • American Marketing Association
  • Financial Executives International
  • Hydraulic Institute of America
  • International Executives Group
  • International Technology Associates
  • Marketing Executives Network Group
  • National Fluid Sealing Association
  • Product Development Managers Association
  • Professional Conference Management Association
  • Technology Leaders Association
  • The Scanlon Leadership Institute

Corporate Events

  • Motorola R&D Conference
  • Motorola Distributors Conference
  • Zebra Technologies Key Customer Conference
  • Computer Sciences Corporation Executive Exchange
  • Kemper Leadership Forum
  • Euclid Industries Management Retreat
  • Flowserve Strategy Summit

Book Adam to speak at your next event

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Workshop: Breakthrough Sales

Training

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Workshop Title: Breakthrough Sales

Are you constantly in a pricing battle with your competitors? Do you find it harder and harder each year to build margins into your product or service? How can you be more like the darlings of the last five years – such as Apple – who not only survived the greatest financial crisis our generation has known but realized double-digit growth as well?

This workshop will take you down a path of becoming a game changer. Your sales team will first examine what key trends are shaping where the market will be in the next 3-5 years. Then by examining your current competitors, you can begin to map out where your market and growth opportunities are.

Workshop Activities

  • Assess key trends
  • Build scenarios for new markets
  • Map competitors against market shifts
  • Learn how to disrupt your current sales process
  • Find your customers “Lock-Ins”
  • Map out your internal disruption to overcome Lock-in

Minimum Length

1 – 2 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. Adam Hartung and team facilitate
  2. Trained facilitator delivers onsite at your location or conference location
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters, online tools

Target Audience

  • Senior Staff
  • Senior Business Development Managers
  • Product Managers
  • Senior Sales Director

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Workshop: Competitor Analysis

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Workshop Title: Competitor Analysis

Are you constantly trying to out-maneuver the competition but realize it’s an endless battle? Do you know who all of your competitors are – including fringe competitors who may take you by surprise?

This workshop will help your team grasp a better understanding of why you should really pay attention to competitors and how to manage their lock-ins so you can gain an edge on the market. The goal of this workshop will be to uncover how to position your products and services in a way that gains a competitive advantage with existing and new customers.

Workshop Activities

  • Brief look at market shifts
  • Map competitors against market shift
  • Find your customers Lock-Ins
  • Identify one to two strategic moves against competitors that will provide higher rate of return

Minimum Length

1/2 – 2 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. Adam Hartung and team facilitate
  2. Trained facilitator delivers onsite at your location or conference location
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters, online tools

Target Audience

  • Senior Staff
  • Senior Business Development Managers
  • Product Managers
  • Senior Sales Director

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Workshop: Lock Ins and White Space

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Workshop Title: Lock Ins and White Space

If your organization has unsuccessfully implemented a new innovation, Lock-In was most likely the culprit. Most innovations fail because Lock-in to existing practices blocks you from doing important new activities, not poor management. Obvious signs in the market allow an organization to recognize innovation is necessary, but because existing processes are so ingrained, the business becomes paralyzed – unable to make the necessary changes to survive.

Workshop Activities

  • Pre-workshop survey
  • Lock-in Analysis – Behavioral, Structural and Financial
  • Lock-In Grid
  • Innovation comparison to Lock-In
  • Yes Game
  • Select one Lock-in and create Lock-In Correction Matrix

Take Aways

Participants will have an understanding of what Lock-in is, as well as how it impacts decisions and behaviors in the organization. Focusing on one lock-in we identify what innovation is blocked, and how disruptions can un-lock it.

Minimum Length

1 – 2 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. Adam Hartung and team facilitate
  2. Trained facilitator delivers onsite at your location or conference location
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters online tools

Target Audience

  • Product Managers
  • Directors
  • Engineering
  • Operations
  • Senior Sales Director

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Workshop: Trends, Scenarios and Competitors

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Workshop Title: Trends, Scenarios and Competitors

The true success of an organization depends upon how well it responds to changing market demands. Organizations of all sizes get bogged down delivering historical products and services, coming up short when delivering against future market demands. To meet needs based upon emerging trends you need to identify them NOW.

Workshop Activities

  • Trends Surveys
  • Trends Analysis
  • Identify patterns for scenario planning
  • Current and potential competitor insights
  • Opportunity Matrix development

Take Aways

Participants will have identified one to two key trends that can be used for planning profitable future products and services that will support anticipated market shifts.

Minimum Length

1 – 2 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. Adam Hartung and team facilitate
  2. Trained facilitator delivers onsite at your location or conference location
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters online tools

Target Audience

  • Product Managers
  • Directors
  • Engineering
  • Marketing
  • Operations
  • Senior Sales Director

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Workshop: Beyond Product Innovation

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Workshop Title: Beyond Product Innovation

When thinking about innovation most people imagine a product – like an iPod, or post-it-notes. But what made those products successful was the organization’s ability to adopt the new product (or service) and drive revenue generation – despite a lack of experience with the product, market, technology or customers.

This workshop is designed to assess market trends, then select one high opportunity product or service that will support this trend. Teams then identify what barriers, or Lock-ins – both internal and external – will inhibit implementing this new innovation.

Workshop Activities

  • Pinpoint one key market trend and link to a product or service
  • Understand impact of this product or trend on competitors
  • List the market shift that you will create with this new product or service
  • Outline permissions required to take this to market
  • Format an opportunity matrix to help modify the resource allocation process
  • Map out your internal disruption to overcome Lock-in

Minimum Length

2 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. Adam Hartung and team facilitate
  2. Trained facilitator delivers onsite at your location or conference location
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters online tools

Target Audience

  • Senior Staff
  • Senior Business Development Managers
  • Product Managers
  • Engineering
  • Senior Sales Director

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Workshop: Breakthrough Manufacturing

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Workshop Title: Breakthrough Manufacturing

Mastering Six Sigma and Lean Manufacturing has streamlined organizations, but has not protected implementers from competitors nor guaranteed long-term growth. The recent economic crisis has changed all of the rules. Instead of managing from what you did last year, you need to help your company plan by looking into the future.

Your Team will understand how the following four steps will uncover a new path for market growth.

  • Plan for the future not from the past
  • Learn from your competitors
  • Be disruptive
  • Build white space to innovate

Workshop Activities

Pre-workshop survey

Day One

  • Review results from section A of survey – Future Trends
  • Build list of scenarios based upon patterns found in the trends
  • Competitor analysis – list current competitors and those that are on the fringe
  • Review section B of survey – competitors
  • Assess 2-3 scenarios and identify where your current competitors could not compete head to head with you

Day Two

  • Creation of opportunity matrix
  • Review section C of survey Lock-ins
  • Lock-In Grid
  • Identify where your white space opportunity is and outline process for taking this to task

Minimum Length

2 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. Adam Hartung and team facilitate
  2. Trained facilitator delivers onsite at your location or conference location
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters online tools

Target Audience

  • Owner/GM
  • Operations Manager
  • Engineering
  • Senior Sales Director
  • Senior Technical Director

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Workshop: The Phoenix Principle in Action

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Workshop Title: The Phoenix Principle in Action

This premium program is most frequently delivered personally by Adam Hartung. It takes your group through all four steps of The Phoenix Principle for continuous growth. This extensive program offers you the ability to assess what the future holds for your organization. Creating a better understanding of what trends your organization can begin to follow, formulating an action plan for exceeding competition, overcoming Lock-ins and building a White Space team to implement growth opportunities are for long term sustainability.

The program will cover:

  • Understanding your Lock-in sources
  • Trends analysis
  • Scenario Planning
  • Competitor Analysis – traditional and fringe
  • Opportunity Matrix development
  • Lock-in Grid assessment
  • White Space creation and management

Take Aways

  • Full understanding of your key trends and scenarios
  • More intensive competitor analysis – direct and fringe – competitors, and how to compete more effectively
  • Uncover your lock-ins, isolating those that critically inhibit innovation
  • Identify necessary resources and how to acquire them
  • Two to three new business opportunities for white space team implementation

Minimum Length

2 – 3 Days

Delivery Options

Whether you have a small team of key senior executives or a large departmental group we can facilitate this training program in four ways:

  1. This workshop can be delivered over a period of days linked with a keynote presentation with Adam and his team.
  2. Adam’s team can deliver onsite at your location or conference
  3. Train-the-trainer
  4. Self-guided workshop materials including video, worksheets, posters online tools

Target Audience

  • Senior Executives
  • Operations
  • Blended Business Units or Departments
  • VP
  • IT
  • Sales
  • Operations
  • Finance

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