Tuesday, July 28, 2015

Today we start the review of a book : "The road to reinvention  - How to drive disruption and accelerate transformation" by Josh Linkner.  Every now and then we lose the momentum from our previous successes and must find ways to make new Successful companies, brands and individuals regularly reinvent their business strategies. This book lays out a systematic approach to continually challenge and reinvent yourself. Either we bring the change ourselves or get disrupted by it. In this book, we learn why we cannot rest on our laurels, the guiding principles for rejecting the status quo and repeatedly reinventing your organization and career for continued success and inspiring examples of reinvention by people who envisioned their futures and soared over competition.
First let us delve into the disrupt or be disrupted part. Hard skills we earned earlier including manufacturing expertise. strong customer skills and even accounting excellence, are now outsourced or allocated to technology. Creativity is the new most effectively sustainable competitive advantage. Therefore change has to be embraced. The author quotes Rupert Murdoch as saying "Big will not beat small anymore.It will be fast beating the slow." Even after making the first leap towards innovation, we fall short of our goals because we think the reinvention is one time. On the other hand, reinvention is a  life long process.
The next step is to differentiate reinvention from turnaround. They don't mean the same thing. Turnarounds are reactionary and shortsighted. By the time turnaround is necessary, it is often too late.
Both these things indicate that we don't want to get to a stage that needs turnaround. Decay like growth does not move in  a straight line.
To embrace the reinvention ethos, we review its eight principles as outlined in the book.
1. Let go of the past - The past is a great teacher, but its a horrible master. Your own grit and determination will become your safety net.
2. Encourage courage - The best organizations focus on celebrating new ideas, instead of punishing them.
3. Embrace failure - "Even bull's eye is the result of 100 misses." adage applies here.
4. Do the opposite -  Sometimes you have to go against the grain for new experiences
5. Imagine the possibilities -  When we get bogged down in the swamp and fighting the alligator, we miss the bank and the forest. Imagine beyond what's visible.
6. Put yourself out of business - This is a way of getting to a point well before the competition does it to you.
7 Reject limits -  The world is filled with nay sayers. Crush supposed limits and refuse to accept the reflexive no
8 Aim beyond - Whether you are launching a product, opening a fashion boutique, seeking a job, or rebuilding a broken community, your focal point must be ahead of you.
Living these principles will develop your innovative muscles.
A good litmus test to ensure you HOSE the competition by delivering new product or service is
1. High Value: Your new product must deliver exceptional value to your customer.
2. Original : Keep your offering uniquely you so it always stands out.
3. Significant:  Go big by breaking the mold of the past.
4. Emotionally charged : If your product evokes passion, customers will line up to buy,
#codingexercise

Double

GetProductNthAlternatePower (Double [] A,Double  p)


{


If ( A== null) return 0;


Return A.GetProductNthAlternatePower(p);


}


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