There’s been a sea change in how companies innovate. When we talk about business innovation most of us immediately think start-ups and Fortune 500 companies, skipping over the vast majority of private companies that make up the bulk of the economy and truly drive progress in business. This segment of companies is remarkable because: They …
Keeping entrepreneurially minded people in the tent isn’t always easy, and you may fear sometimes that you’ve created a monster or two. But having a more entrepreneurial management culture can be particularly helpful in lean or flat organizational structures that require people who are more solution-oriented and less hierarchical in their thinking.
The survey research I did for my book The First Habit: The One Technique That Will Change Your Life (download a free copy here) revealed a lot of interesting things about the habits of self-made millionaires. The research showed, for instance, that such super successful individuals are much better than most people at limiting their activities to only those things that they do best.