Better Questions, Better Results

How do you know if a strategy is worth pursuing? April 2, 2025 | Competitiveness, Continuous Improvement, Market Opportunities, Question a Day, Risk Management, Strategy, Vision Question a Day How to Know if a Strategy is Worth Pursuing: A Comprehensive  Guide In the business world, success often hinges on the strategies you choose to pursue. A brilliant strategy can propel your organization to new heights, while a poorly chosen one can waste time, money, and momentum. But how do you know if a strategy is worth pursuing? That’s where careful evaluation comes into play. This guide provides actionable steps, real-world examples, and proven frameworks to help you decide whether to commit to a strategy—or gracefully abandon it. What Makes a Strategy Worth Pursuing? At its core, a great strategy aligns with your goals, is grounded in data, and demonstrates a realistic chance of success. Think of evaluating a strategy as packing for a long journey. You want to ensure you have the essenti...

What does a truly groundbreaking idea look like? January 3, 2025 | Creativity, Curiosity, Innovation, Perception, Question a Day, Timing, Vision Question a Day What Does a Truly Groundbreaking Idea Look Like? Groundbreaking ideas are more than innovative—they’re transformative. They challenge assumptions, reshape industries, and redefine what’s possible. From the invention of the printing press to the rise of artificial intelligence, these ideas don't just address problems; they create entirely new paradigms. So, what makes an idea truly groundbreaking? Let’s explore the anatomy of innovation and how you can recognize, develop, and harness transformative concepts. Defining Groundbreaking Ideas A groundbreaking idea: Challenges Conventional Wisdom : It confronts long-held beliefs or established systems. Solves Universal Problems : The best ideas resonate widely, addressing needs or desires across cultures and demographics. Leaves a Lasting Impact : They don't fade away; instead,...

Which Businesses Are Focused on the Wrong Problems? 25 October 2024 | Best Practice, Business Success, Challenges, Change, Leadership, Multi-Channel, Opportunity, Question a Day, Strategy, Vision Question a Day   In the fast-paced business world, failing to spot and adapt to trends can spell disaster for even the most established companies. Whether it's ignoring the digital transformation, missing the health and wellness movement, or sticking with outdated business models, some companies have continued to focus on the wrong problems. Here’s a breakdown of businesses and industries that have fallen into this trap, along with specific examples and what they could do differently to align with market demands. 1.  Retailers Ignoring E-Commerce Growth The rise of online shopping has reshaped the retail landscape, yet some traditional retailers have been slow to embrace e-commerce. Instead of investing in a seamless online experience, they’ve doubled down on brick-and-mortar stores, ...