Scale Up
331 views | +0 today
Follow
Scale Up
Scale Up
Articles and blogs specifically for start-ups with high growth potential; the go-to resource when entrepreneurs realise that starting-up is not enough.
Curated by Rhonda Best
Your new post is loading...
Your new post is loading...
Scooped by Rhonda Best
Scoop.it!

Grit: It Contributes to Success More Than You Think

Grit: It Contributes to Success More Than You Think | Scale Up | Scoop.it
When you're trying to change an industry in a big way, it's the only thing that will keep you going.
Rhonda Best's insight:

As the Director of a disruptive business model I appreciate the tough road entrepreneurs travel when they want to create change.  To stay focused my grit comes from speaking with my trusted advisors - those executives who continually challenge my thinking.  Their input have helped me streamline my thinking and simplify a concept which was too loaded.  Over time, I've discovered that it's important to have people who say it won't work around me - they help me critically revisit an idea and pivot based on the facts and past performance.  My own growth wouldn't happen without them.

 

Lately too I've been reading two books which have shaped my thought process so much 'Smart Customers; Stupid Companies' by Michael Hinshaw and Bruce Kasanoff and  'Big Think Strategy' by Bernd Schmitt - they both offer great insight into how to listen to what customers really want and how to contest the status quo without going overboard with an idea.  Use your grit to persevere as you convince others of the simple idea.


So as Will Smith said 'if we get on the treadmill together, there's two things: You're getting off first, or I'm going to die. It's really that simple'.


Stick with it folks we all have it in us to succeed.

more...
No comment yet.
Rescooped by Rhonda Best from Leadership
Scoop.it!

Three Critical Realities All Leaders Must Face

Three Critical Realities All Leaders Must Face | Scale Up | Scoop.it
Leaders must create a strategy for change so that employees can stop losing ground and organizations can start winning again.

Via Anne Leong
more...
No comment yet.
Rescooped by Rhonda Best from New Leadership
Scoop.it!

Leadership and Change: Build These Three Muscles

Leadership and Change: Build These Three Muscles | Scale Up | Scoop.it
There is no real leadership without change. If you are simply “sustaining” what already exists, you are not a leader because real leadership is about change – moving people, processes, outcomes and culture to a better place. In an organizational context, there is no change without some leadership. Without any leadership, things still change but […]
Via Alexis Assimacopoulos, Roger Francis
more...
Ian Berry's curator insight, April 21, 4:00 AM
Great graphic. Get these fundamentals right for me and you'll thrive on the challenges of change.
Javier Albuja's curator insight, May 22, 8:32 AM
No hay verdadero liderazgo sin cambio
Scooped by Rhonda Best
Scoop.it!

9 things banks want before they'll lend

9 things banks want before they'll lend | Scale Up | Scoop.it
What do banks look for in growth firms? Head of RBS branch business John Fagan reveals the stand-out features of sustainable growth companies
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

SME Masterclass: How to trademark your business - Telegraph.co.uk

SME Masterclass: How to trademark your business - Telegraph.co.uk | Scale Up | Scoop.it
Telegraph.co.uk
SME Masterclass: How to trademark your business
Telegraph.co.uk
SME Masterclass: How to trademark your business. Never underestimate the power of a protected logo or business name, says Rachel Bridge.
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Scaling Your Business Without The Growing Pains by OPEN Forum

For more info, please visit: http://www.openforum.com/yourbusinesstv Each week MSNBC's Your Business features experts to share their secrets for improving yo...
Rhonda Best's insight:

Author of Scaling Up Excellence, Robert Sutton, talks about the transition from starting up to scaling up when it relates to employees and implementing processes.  I like the point about the owner spreading stories, it's so important that entrepreneurs get their messages across so there is congruence across the growing business.

more...
No comment yet.
Rescooped by Rhonda Best from Social Media and Healthcare
Scoop.it!

How Oculus Could Help Facebook Break Into Health

How Oculus Could Help Facebook Break Into Health | Scale Up | Scoop.it

Facebook recently stunned the world by buying Oculus VR, the maker of the virtual reality headset Oculus Rift, for $2 billion. Oculus Rift started out on Kickstarter, where it gained popularity as a niche gaming device frequently praised for its immersive tech, but occasionally mocked for its appearance.

Facebook's purchase of Oculus VR initially made little sense compared to the $1 billion it paid for Instagram and its $19 billion acquisition of WhatsApp. Purchasing Instagram added a parallel photo sharing social network to its own, and it gained over 450 million new mobile users by acquiring WhatsApp. Buying a VR headset company for $2 billion, on the other hand, seemed reckless and impulsive to many analysts and investors.

 

 

The Oculus Rift. Source: Wikipedia.

Yet there's an ambitious side to the acquisition many investors are ignoring -- the fact that the $300 headset can be used as a VR telepresence device. Speaking about the Oculus Rift, CEO Mark Zuckerberg stated: "Imagine enjoying a courtside seat at a game, studying in a classroom of students and teachers all over the world, or consulting with a doctor face-to-face -- just by putting on goggles in your home."

Therefore, Facebook acquired Oculus as a virtual extension of its social network of 1.3 billion users. Of the three examples of virtual telepresence that Zuckerberg mentioned, telehealth -- the practice of remotely visiting a doctor -- is certainly the most fascinating. It's also a high-growth market -- research firm IHS predicts that the U.S. telehealth market will grow from $240 million in 2013 to $1.9 billion by 2018.

What Facebook has learned from Google and Microsoft
The telehealth market is ripe for disruption since the current solutions are still relatively new.

Last November, Google evolved its Google Answers online knowledge marketplace into Google Helpouts, a platform which allows Google-vetted experts to answer questions about a wide variety of topics. The site integrates into Google's social network, Google+, and payments are made via Google Wallet. The experts can charge clients per session, per minute, or both, and Google takes a 20% cut of the fee. The sessions can be conducted via text, voice, or video.

To encourage the use of Google Helpouts as a health care platform, Google waives the 20% fee for all health care related questions. Merging a social network and a telepresence platform with health care professionals means EHRs (electronic health records) and cloud-connected medical devices could eventually be synchronized to Helpouts as well.

Meanwhile, Microsoft has tested the Kinect as a telehealth device through Avanade, a joint venture with Accenture . Since the Kinect tracks physical movements via a camera, it can be used to conduct remote physical examinations. A physician can give instructions to the patient via Skype, and the patient's health data can be accessed and updated over the cloud via Microsoft's HealthVault EHR program.

How the Oculus Rift could disrupt the telehealth market
That's where Facebook comes in. As the largest social network in the world, Facebook already has the necessary connections to build a massive telehealth network.

The Oculus Rift has a stereoscopic 3D display within its goggles and is controlled via head movements and external controllers. A treadmill, known as the Virtuix Omni, allows Oculus users to walk around in the virtual game environment.

 

The Virtuix Omni treadmill being used with the Oculus Rift. Source: Wikimedia Commons.

Whereas that setup would be fun for games, it would also be an ideal one for telehealth checkups. Just like Google Helpouts and Microsoft's Skype, the Rift could be Facebook's virtual platform for remotely visiting the doctor. Facebook also has a new payment system similar to Google Wallet, which can be used to pay medical bills. And just like the Kinect, Virtuix's treadmill could track a patient's movements, which could be sent over the Internet to the physician.

Albert "Skip" Rizzo, a clinical psychologist and associate director for medical virtual reality at the University of Southern California's Institute of Creative Technologies, has researched the ability of the Rift to treat soldiers with post-traumatic stress disorder (PTSD).

 

Virtual Iraq, a simulator used to treat PTSD with the Oculus Rift. Source: Company website.

Dr. Rizzo immerses patients in a virtual reality program known as Virtual Iraq, which recreates a combat environment through weather conditions, ambient sound, and insurgent attacks -- all of which are carefully monitored and controlled by the clinician. Virtual Iraq has since been adopted by several military medical centers and 55 veterans affairs clinics across the United States.

The success of Virtual Iraq suggests that the Rift could also be used to help treat other issues. If similar software were connected to a telehealth platform, those sessions could be conducted at home.

Potential challenges for the Rift as a telehealth device
Although all of those applications sound incredible, Facebook has a lot of obstacles to overcome if it intends on using the Rift as a VR telehealth device integrated into its social network.

The first is the issue of HIPAA (Health Insurance Portability and Accountability Act) compliance. HIPAA laws were only intended to regulate providers, insurers, and health care clearinghouses that accept payments electronically. They weren't intended to regulate video chat sessions -- therefore, as the telehealth market grows, regulations could increase.

The second is the fact that Facebook is a casual social networking platform not generally associated with health-related issues. If Facebook intends to use its social networking muscle to grow its telehealth presence, it will have to set up some kind of new "Facebook Health" platform to ensure that confidential health data and selfies aren't flowing into the same News Feed.

The Foolish takeaway
It's certainly hard to imagine Facebook suddenly becoming a telehealth platform, or the Oculus Rift becoming a medical device. Yet Mark Zuckerberg specifically mentioned virtual doctor's visits, and Facebook now owns all the necessary pieces to take a giant leap forward in telehealth. It's now just a matter of whether -- and how -- he intends to put all the pieces together.

Invest in the next wave of health care innovation
The Economist compares this disruptive invention to the steam engine and the printing press. Business Insider says it's "the next trillion-dollar industry." And the technology  behind is poised to set off one of the most remarkable health care revolutions in decades. The Motley Fool's exclusive research presentation dives into this technology's true potential, and it's ability to make life-changing medical solutions never thought possible. To learn how you can invest in this unbelievable new technology, click here now to see our free report.

 


Via Plus91
more...
No comment yet.
Rescooped by Rhonda Best from Managing Innovation in Education and Learning
Scoop.it!

Innovation Metrics for Business Leadership and Growth

Innovation Metrics for Business Leadership and Growth | Scale Up | Scoop.it
The complete guide to innovation metrics - how to measure innovation for business growth

Via Milena Bobeva
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Better Corporate Boards Usually Lead To Higher Profits - can a business be too small for a board?

Better Corporate Boards Usually Lead To Higher Profits - can a business be too small for a board? | Scale Up | Scoop.it
Strong boards with CEOs and other highly experienced senior business make companies stronger and more profitable.
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Pivot or Persevere? The Key to Startup Success

Pivot or Persevere? The Key to Startup Success | Scale Up | Scoop.it
Perseverance can be overrated as an entrepreneurial trait. Knowing when to change course to test out a new approach might be even more important.
Rhonda Best's insight:

Hmmmm thought provoking - as in everything there is balance so whether you pivot or persevere is a personal decision of the business owners and executive team.

more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

12 Challenges Faced By The Fastest-Growing Companies

12 Challenges Faced By The Fastest-Growing Companies | Scale Up | Scoop.it
There’s a common misconception that fast-growing startups have it made: They’ve found a business recipe for success and are on the fast track to making millions. Unfortunately, that’s not the case — high growth equals high uncertainty.
Rhonda Best's insight:

It's true, high growth equals high uncertainty.  Sustained growth needs to be managed and for each stage of a scale up, you'd need different skills.  I'd liken it to going to a GP, he's professionally trained and would have some knowledge of what might be wrong but he'd also recommend a specialist to treat anything bigger than he could handle.  Be prudent, choose the right talent for your current size and train or hire new talent as you scale.

more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

How to build a kick-butt board for your startup

How to build a kick-butt board for your startup | Scale Up | Scoop.it
A healthy board of directors can keep a startup disciplined and headed in the right direction. Gary Shapiro, president and CEO of the Consumer Electronics Association, has tips on how to find the right people for yours.
Rhonda Best's insight:

For assistance in identifying professionals interested in board positions within SMEs across the UK, get in touch with me at rhonda.best@alexanderbain.co.uk.  Alexander Bain - leading high growth in small and medium sized businesses (www.alexanderbain.co.uk).

more...
No comment yet.
Rescooped by Rhonda Best from Ideas for entrepreneurs
Scoop.it!

From silicon valley to europe and back again. In 3 startups.

My story of entrepreneurial failure and success on both sides of the Atlantic. Or how I discovered entrepreneurship as a Stanford grad student, moved back to Eu

Via Guillaume Decugis
more...
Guillaume Decugis's curator insight, September 19, 2013 11:36 AM

These are the slides of a talk I gave to TechWeek in Chicago back in June and again in San Francisco in July. I often get asked how I became an entrepreneur and what it's like so I felt I would also share it on SlideShare. And I remember vividly this image of a roller coaster that came to my mind as my first joys as an entrepreneur seemed to be somehow immediately followed by great pain. And on again.


Enjoy the ride! 


Special thoughts and thanks to the former and current team members of Musiwave, Goojet and Scoop.it.


Update: Wow! SlideShare just made it presentation of the day. Honored.

Rescooped by Rhonda Best from SCUP Links
Scoop.it!

Why Strategy Execution Unravels—and What to Do About It

Why Strategy Execution Unravels—and What to Do About It | Scale Up | Scoop.it

Strategy isn't always the hard part—implementation is. Here are 5 myths of strategy execution and how you can make sure your next strategy is a success.


Via Society for College and University Planning (SCUP)
more...
No comment yet.
Rescooped by Rhonda Best from Entrepreneurship, Innovation
Scoop.it!

Building the right organization for mergers and acquisitions | McKinsey & Company

Building the right organization for mergers and acquisitions | McKinsey & Company | Scale Up | Scoop.it
Support for deal making should be organization-wide.

Via Marylene Delbourg-Delphis
more...
No comment yet.
Rescooped by Rhonda Best from New Leadership
Scoop.it!

Cracking the Code to Leader Growth

Cracking the Code to Leader Growth | Scale Up | Scoop.it
New assessment research reveals surprising findings about leader skills.

Via Anne Leong, Roger Francis
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Essential Startup Advice from the PROFIT 500 | PROFITguide.com

Essential Startup Advice from the PROFIT 500 | PROFITguide.com | Scale Up | Scoop.it
Starting a successful business can be brutally hard. Here are some proven strategies to get through it unfazed
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Marc Andreessen: Here's How To Destroy A High-Growth Startup

Marc Andreessen: Here's How To Destroy A High-Growth Startup | Scale Up | Scoop.it
Marc Andreessen, founder of venture capital firm Andreessen Horowitz, and inventor of the modern web browser, went on a tweet storm this morning about how to kill your startup, and damage Silicon Valley in the process.
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Isabel Bescos: Scaling a business globally for dummies

Very best of Turkey's Internet startups and Investors are gathering at Startup Turkey. Leading event where startup founders, business angels, investors netwo...
Rhonda Best's insight:

The ease of expanding globally means that it is one way to scale.  Isabel shares some top tips from BlaBlaCar's experience.

more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

A lesson from the unqualified

A lesson from the unqualified | Scale Up | Scoop.it
When I first got started in this business a friend had asked me why I was hell bent on being the entrepreneur that reinvented the wheel. I had dismissed what he was saying because he was not an
Rhonda Best's insight:

This post includes the business model canvas for a high growth consultancy.  For other industry specific high growth models go to http://www.alexanderbain.co.uk/scaleupforum/

more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

How Fast-Growing Startups Can Avoid 'Big Dumb Company' Disease - Wired

How Fast-Growing Startups Can Avoid 'Big Dumb Company' Disease - Wired | Scale Up | Scoop.it
How Fast-Growing Startups Can Avoid 'Big Dumb Company' Disease
Wired
As organizations grow and age, decision makers add layers, form teams and departments, and propagate ever-more-convoluted procedures and processes.
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Sunday Times Fast Track 100 league tables are out

more...
Brian McDonnell's curator insight, January 2, 2014 4:35 AM

Highline to be on this soon...

Scooped by Rhonda Best
Scoop.it!

The Next Business Stage Requires Aggressive Growth

The Next Business Stage Requires Aggressive Growth | Scale Up | Scoop.it
Daniel J. Weinfurter photo via ChicagoBusiness.com Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service.
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

Ann Arbor SPARK Recognizes Consistent Company Growth with FastTrack Awards -- ANN ARBOR, Mich., Nov. 4, 2013 /PRNewswire/ --

Ann Arbor SPARK Recognizes Consistent Company Growth with FastTrack Awards -- ANN ARBOR, Mich., Nov. 4, 2013 /PRNewswire/ -- | Scale Up | Scoop.it
ANN ARBOR, Mich., Nov. 4, 2013 /PRNewswire/ -- Ann Arbor SPARK Recognizes Consistent Company Growth with FastTrack Awards.
more...
No comment yet.
Scooped by Rhonda Best
Scoop.it!

A business growth health check: What to check before expanding - GrowthBusiness.co.uk

A business growth health check: What to check before expanding - GrowthBusiness.co.uk | Scale Up | Scoop.it
GrowthBusiness.co.uk
A business growth health check: What to check before expanding
GrowthBusiness.co.uk
Most business owners dream of expansion and are working towards developing their market big enough to merit business growth.
more...
No comment yet.