|||

The 5 Questions Every Company Should Ask Itself

IF YOU DO NOT KNOW HOW TO ASK THE RIGHT QUESTION, YOU DISCOVER NOTHING. — W. Edwards Deming, American statistician and expert on innovation

Reading Drucker many years back one think stuck with me - his focus on asking the right questions. I found that very hard at the start and eventually I learned to ask questions, starting with small ones and then big and bold ones. If you want to create change, if you want to be innovative you have to ask big and bold questions for your organisation. It is key to creating value. My colleague Elise pointed me to a FastCompany article by Warren Berger on 5 questions from various business thinkers. 1. What is our company’s purpose on this earth? by Keith Yamashita Why do you exist? What do you see as the reason for your existence? Big questions that should provide a lot of clarity. 2. What should we stop doing? by Jack Bergstrand This is such a powerful question. In my work I discuss the Drucker question of abandonment”. What are you willing to abandon to make space for the new? 3. If we didn’t have an existing business, how could we best build a new one? by Clayton Christensen This is a good what if” question to rethink your current business? 4. Where is our Petri dish? by Tim Ogilvie Experimentation is the key for innovation however, you cannot do it everywhere. Tim asks, where in your organisation can you experiment? 5. How can we make a better experiment? by Eric Ries In the lean start up world, we live and die by experiments. The goal is learning by experimentation. My focus is on continuing to develop the ability to ask the right questions, especially the bold ones. If you want to create change and innovate, you have not choice but to ask the big questions.

Up next Strategy Is Non-Linear When I discuss strategy it is not always easy to present the idea. An analogy is always useful. Here is a good one by Nino Lancette in Medium. By The Purpose Question If questions are powerful and in fact a prerequisite for innovation, then the biggest question we can ask is the “purpose question”. Keith Yamashita
Latest posts Systems Thinking in Strategy Plurality of Strategic Frameworks Co-Design for Innovation Digital Connectivity and Mental Health Empathy and Imagination Geopolitics Drive Business Models Green Hydrogen Opportunity for Australia Kanyini, South Australia’s Very Own Satellite Taking Shape Mauboussin on Diversity Network Thinking and Design Thinking States of Change - Six Principles Sustainability Skills of the Future Synthetic Biology Untitled Document Best EVs Are Small EVs Because these surprise-generating AIs have learned their art from Fascinating: Adani Green the world leader in hybrid Digital Switzerland Catl After 5 Yrs Gulf and the Race for Renewables and Green Hydrogen Australia needs to change its skilled migration approach. Preston Model and Community Wealth Building More on Green Sustainability skills of the future from Microsoft captures the key Circular Economy Business Models Green Hydrogen Opportunity for Australia Network Thinking and Design Thinking Foresight and Design Tan Sri and Greater India entrepreneurship and greece