Radjou: Do Better With Less
Frugal organizations strive to create good-quality solutions that deliver the greatest value to customers at the lowest cost, Navi Radjou writes in the Harvard Business Review.
That’s certainly something credit unions can appreciate. To foster a frugal culture, Radjou says CEOs should:
Radjou is recognized internationally for his work on innovation. He draws upon cutting-edge growth strategies from emerging markets to show how we can find great ideas with bigger impact, bring new products to growing segments, and tap undiscovered markets. He is also the author of “Frugal Innovation: Doing More With Less.”
Mulally: Leading With Courage
As president/CEO, Alan Mulally, led the Ford Motor Co. from economically distressed to profitable symbol of American renewal. A few tenets, according to The Street, important to Mulally’s leadership style include:
Williams: Recipe for Innovation
One of Luke Williams’ favorite analogies comes from Paul Romer, an influential economist at Stanford University.
Romer defines ideas as “the recipes we use to rearrange things to create more value and wealth.”
“The goal for any organization— no matter what size—should be to generate a steady stream of new recipes—ideas that alter the trajectory of a business and revive stagnant markets or completely reinvent the competitive dynamics of an industry,” Williams writes on his blog explaining his affinity for Romer’s analogy.
Luke Williams is the author of “Disrupt: Think the Unthinkable to Spark Transformation in Your Business.”
He is a fellow at frog, one of the world’s most influential innovation companies, and adjunct professor of Innovation at NYU Stern School of Business.
Radjou, Mulally, and Williams will deliver keynote addresses during the joint America’s Credit Union Conference/World Credit Union Conference July 12-15 in Denver. Visit CUinDenver2015.org for information.