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Competitive Edge
Creating your Unique Value Proposition to gain your Competitive Edge.
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How The Most Successful People Ask Questions

How The Most Successful People Ask Questions | Competitive Edge | Scoop.it

The most intelligent and successful people ask a lot of questions. Here's how to use what you don't know to your advantage.

Asking the right questions can mean the difference between success and failure. Unfortunately, asking questions can also feel uncomfortable.

"It can be embarrassing to admit that you didn't understand what someone said, or that you don't get it," says Heidi Grant Halvorson, associate director of Columbia Business School’s Motivation Science Center and author of No One Understands You and What to Do About It. "You might fear it will make you look incompetent, but that’s not true. Research has found that people who are inquisitive are generally judged to be more intelligent and engaged." Read more: click image or title.




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Via Enzo Calamo
Marc Kneepkens's insight:

#Questions are fundamental to the process of growth and change.

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Can These Young People Save the World? 50 Emerging Global Entrepreneurs to Watch | Inc.com

Can These Young People Save the World? 50 Emerging Global Entrepreneurs to Watch | Inc.com | Competitive Edge | Scoop.it

From South Africa to Silicon Valley, young entrepreneurs are employing a variety of strategies to help their new companies thrive. 

From overcoming education hurdles to finding a new use for agricultural byproducts, many of today’s young founders aren’t just dreaming up big business ideas--they’re attempting to save the world.

To get a better s

ense of who is making waves in the global business community, we tapped the Kairos Society, an international organization seeking to develop entrepreneurs worldwide. Each year, Kairos names 50 promising ventures with founders under age 25. Those who make the list receive huge exposure and networking opportunities, including tickets to this year’s Kairos Global Summit on October 17-19 in Laguna Niguel, California. Before they present their ventures at the Kairos 50 Demo Day, we landed a sneak peek.

Meet this year’s 50 global entrepreneurs to watch: click on the image.



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Marc Kneepkens's insight:

Great to see young people come up with true change in all aspects of business.

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20 Quotes To Turn Your Obstacles Into Opportunities

Adapted from "The Obstacle Is The Way: The Timeless Art of Turning Trials into Triumph"



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Via Justin Jones
Marc Kneepkens's insight:

Every step is learning. Failure is part of the learning process. Great slideshare.

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Six Steps To Transform Your Company Culture

Company culture can’t be rigid and unadaptable, or the company will fail. An outstanding company culture requires outstanding leadership, and changing the company culture requires leaders who recognize the real need for change, and who aren’t afraid of it. Outstanding leadership demonstrates maturity: conviction, diligence, focus, optimism, and the ability to handle uncertainty.

Leaders are able and willing to make positive changes to corporate culture to evolve with the times.

Immature leadership, by contrast, does not bode well for strong corporate culture. Lack of leadership skills, illegal or unethical behavior, or character flaws are common to immature or ineffective leaders. Character and honor are between difficult to impossible to recover once compromised, and the executive leader falls from grace from a particularly dangerous height.

Assuming your company has strong, mature leadership, transforming your company’s culture takes six critical steps. Read more: click image or title.



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Marc Kneepkens's insight:

And here are some tips on how to build that #CompanyCulture.



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PARKJH's curator insight, February 10, 4:23 PM

6 points intéressants pour la culture d'entreprise

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The Main Reason Startups Don't Last

The Main Reason Startups Don't Last | Competitive Edge | Scoop.it
Innovate or fail? Which will be the path of your new entrepreneurial venture?


As a child I used to go to the local video store to rent movies to watch on the weekend. The store, part of the Potomac Video chain, was one of the last video stores in Washington, D.C. But after 33 years, the business suddenly shut its doors last spring. Why after so much success did the business shutter its operations?

The reason businesses don’t last is they fail to innovate.


Regardless of your past business model, if the market has changed, your business needs to change, too. Potomac Video didn’t latch onto the trend of streaming movies online or shipping videos straight to customers’ doors. It stuck with its old business plan, simply renting and selling videos from a store.

For that matter, remember how you used to love to stop by Blockbuster? You know, the place you’d stop by on the way home to pick up that new release on VHS? (Blockbuster filed for bankruptcy in 2010; yet even after Dish Network acquired its debt, Dish decided to close all retail stores, according to MarketWatch.)

Did you know that in 2000 Blockbuster had a chance to buy Netflix (now worth $28 billion) for a mere $50 million? And the company opted not to. Netflix was losing money at that point. Blockbuster was hesitant to gamble, not looking ahead, perhaps looking for a short-term profit rather than a disruption of the industry.

An entrepreneur who wants to experience continued success in business must stay on top of his or her industry and predict the future. Entrepreneurs Giovanni Mannella and Misha Mitsnefes have done just that with their startup Bmpur, whose social music network puts the power of music sharing and discovery into the hands of users. Mannella and Mitsnefes beta launched Bmpur this spring and fully launched Sept. 8.

Mitsnefes owns a music blog, Fist In The Air, and Mannella had owned a music-video curated website. "We both saw an opening in the market for this type of sharing and discovery platform and developed bmpur together, starting in fall 2011," Mannella wrote by email. After connecting with others in the industry, they noticed a shift in the market. People wanted to add value to others’ listening experiences.

Although other music blogs recommend songs, the Bmpur website enables anyone to recommend and “repost” music he or she is interested in, as Mitsnefes described on Fist In The Air:

"Post anything from YouTube, Soundcloud, blog links, Instagram links, etc. Then the community interacts by “bumping” posts, commenting, favoriting (like repost/retweet), and sharing the link!"

Mannella and Mitsnefes are taking a gamble with their new approach. They realize that Bmpur won’t last without innovation.

If you’re looking to change up your business model to make your startup last, use these three approaches:


1. Continue to build a brand.


Innovating with a startup doesn’t mean just changing the name of a business or overall brand. Instead use the leverage of an existing brand to draw attention to its evolution and innovation. Bmpur built excitement for its platform through its social media channels. Consider making ambiguous announcements to keep people on their feet.


2. Gather feedback.


The best way to see if a business will grow as a result of innovation is to see what others think. Before a new product launch or redesign, show family, friends, acquaintances and even die-hard customers. The team at Bmpur unveiled its new concept months before it was fully developed.


3. Connect with other industry leaders.


The key to a successful change in a business is ensuring that others know. Connect with other industry leaders to see if they have advice. If you have a blog, connect with other bloggers to see if they want to help promote your business shift. You could end up leading a whole industry swing.

Making a startup last is a challenge that every entrepreneur faces. Businesses often see a period of strong growth, hit a peak and then the business begins to dissolve. Ensure your business doesn’t peak by continuing to innovate. 

Correction: This piece has been updated to correct the date of Bmpur's start and details about its focus. Bmpur always provided a social music network, which beta launched this spring, although its founders started its development in 2011. One of the founders, Misha Mitsnefes, runs his own music


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Marc Kneepkens's insight:

Never stop innovating. A business thrives on change.

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2014 - The Embolden Years: Change agents lead the way for digital transformation - Brian Solis

2014 - The Embolden Years: Change agents lead the way for digital transformation - Brian Solis | Competitive Edge | Scoop.it

2014 is upon us and it’s once again time to share our (Altimeter Group) predictions for the year ahead. Except this time, predictions are moved aside in favor of important trends that are on the horizon. Let’s use this time together wisely in the hopes of prioritizing our investments in relevant strategies and the time and resources necessary to bring them to life this year and next.

In 2013, Charlene Li and I published several reports, infographics, Slideshares, and even an ebook on the state and evolution of social business. I also published a new book that focused on the specific behavior of Generation-C and how they make and influence decisions, digitally, in each of the Four Moments of Truth.

The link between everything last year sets the stage for my work this year.

To read the full article, click on the title.

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Via Luis Costa
Marc Kneepkens's insight:

This guy, Brian Solis, is right on the edge. He took his surfboard and is playing the big wave! If you want to get a handle on what 'change' means today for yourself and your business, read the article.

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