Monday, October 23, 2017
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Welcome to the NABI Blog. Our Blog is intended to inform, explain, clarify and raise awareness on current business topics and issues. Do you have a story you would like to share on our blog or be featured in our newsletter? Simply send an email and tell us what you want us to know. We want to hear about your success stories.

Book Review: The Other Side of Innovation SuperUser
Book Review by Kendra Brosseau  “Companies can’t survive without innovating. But most put far more emphasis on generating big ideas than on executing them – turning ideas into actual breakthrough products, services, and process improvements.” In the book, “The Other Side of Innovation,” by Chris Trimble and Vijay Govindarajan, the authors provide clear guidance for developing innovative ideas that cannot (or should not) be developed within an organization’s day-to-day operations (i.e. the organization’s Performance Engine). The authors elaborate on two kinds of "teams" in most firms. The Performance Engine; or the portion of the business focused on the day to day execution of the business - creating products, shipping products, etc. This portion focused on earning profits, performing consistently and efficiently. The other type of team, the one focused on leading innovation projects, is called the Dedicated Team. The authors note that many things that this team does are in direct conflict with the Performance Engine. The Dedicated Team talks about "breaking all the rules," which, "sounds like breaking the Performance Engine.” There is direct conflict between the goals and expectations of the two teams.

Small businesses can be beacons of hope SuperUser
By Dar Schwanbeck, Managing Director, NABI If you are not worried, maybe you just don't understand the situation. Many economic challenges are emerging and we're not immune.

How Stella Saved the Farm – Making Innovation Happen SuperUser
A Book Review by Kendra Brosseau In this ever-changing, competition based society, there are so many challenges and demands that an entrepreneur faces in order to succeed in business. The book, “How Stella Saved the Farm” by Chris Trimble and Vijay Govindarajan, is a “wild and wooly yarn about making ...

Are great business people more important than great ideas? SuperUser
A Book Review by Dar Schwanbeck

Book Review: SWITCH How to Change Things when Change is Hard SuperUser
SWITCH How to Change Things when Change is Hard by Chip Heath and Dan Heath A Book Review by K. Janzen   Change is a constant in our lives and yet how much do we really understand the process of change. If you have tried to change your eating habits to lose weight, ...

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